Business grants for métis
— non-repayable grant Financing for your métis-owned business
Métis Entrepreneur Equity Program
This program is intended to assist Métis entrepreneurs by providing equity through a non-repayable grant enhancing the applicant’s ability to leverage financing from other institutions and agencies.
Under this program, CCDF can provide a Métis individual a non-repayable contribution of up to 40% of eligible project costs to a maximum of $99,999.
Inquire today for a FREE consultation with a CCDF Advisor.
General GuidelineS
- Applicants must be of Métis ancestry, have a citizenship Card from the Metis Nation – Saskatchewan, and be operating a business based in Saskatchewan (can be starting a business).
- Businesses funded must demonstrate viability.
- Applicants must contribute a minimum of 10% cash equity to the project. (Equity must be in the form of cash and must be unencumbered).
- If there is a partnership, the business must be 51% owned by a Métis individual and the contribution will be in proportion to the Métis ownership.
- The Métis applicant must be actively involved in the business full-time.
- If a married or common-law couple owns the business and only one is Métis, the Métis person must be integral to the business and the contribution will be in proportion to Métis ownership.
- Costs incurred before CCDF’s receipt of an application will not be eligible for funding.
- The Métis Entrepreneur Equity Program must be accessed alongside a CCDF interest-free loan.
Projects Not Eligible
- Political bodies for political process
- Cultural activities
- Social programs
- Residential real estate
- Commercial real estate for the sole purpose of lease or rent to others. The applicant’s business must occupy the majority of space and be commercially viable exclusive of the rental/lease income to receive support from CCDF (some exceptions may apply)
- Contribution towards an asset that can be perceived to be for personal use (car or pickup-truck)
- Bars (alcohol provider), sexually exploitive businesses in nature, pawnshops, payday loans, tobacco retailer or manufacturer, cannabis, or gambling (some exceptions may apply to gambling – VLTs)
- Commercial real estate (some exceptions may apply)
- Basic farming & ranching
- Payment of dividends
- Refinancing (some exceptions apply)
- Restaurants in large Urban Centres (some exceptions apply)
Inquire today
Not sure where to start? Need more information on our programs or application process?
Inquire today for a FREE consultation with a CCDF Advisor.