Major Business Development Program

Aimed towards supporting large-scale business opportunities.

This program is intended to help increase the involvement of Métis entrepreneurs in the energy and resource sectors and other large-scale business initiatives.

CCDF can provide financial assistance of 50% of the project costs excluding pre-operating costs, working capital, and goodwill.  Minimum funding under this program is $300,001 up to a maximum of $1,000,000.

The purpose of this program is:

  1. To establish a new business
  2. To purchase an existing business
  3. To expand and renovate an existing business
  • Common Shares
  • Preferred Shares
  • Mortgages
  • Contribution Agreement
  • Other Forms of Debt
  • Businesses funded under this program must be for-profit and commercially viable with total project costs in excess of $600,000.
  • All businesses must demonstrate viability through a professionally prepared business plan.
  • Priority will be given to, but not restricted to projects that demonstrate a high degree of job creation.
  • Applicants must provide a minimum 5% equity to the project. Equity may be in the form of cash, equipment, real estate or other unencumbered fixed assets.
  • A 1% administration fee will be applied to all Major Business Development Equity Contributions.
  • Applicant(s) must be of Métis Ancestry operating a business in Saskatchewan.
  • Maximum term for repayable loan will be flexible and at the discretion of CCDF.

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