Financing Programs

NEDC provides business funding for our clients by carefully selecting the most suitable loan and contribution sources based on the eligibility and individual details of each project. We offer several loan programs, each with their own rules. ** Some programs can be combined with other programs (as long as it fits the other programs criteria.)

Below are some of the common Programs NEDC accesses for eligible clients. Please keep in mind being eligible for NEDC funding does not guarantee eligibility for every single program NEDC offers. Many programs have specific criteria we have not control over. For informational purposes only. You do not need to understand how all these funds work to apply.
Our Business Development Officers are experts on the many sources of financing and contributions and will work with you to create the best package for your needs.


 

Eligibility: Aboriginal ancestry (First Nations, Metis or Inuit) within NEDC service area.

Aboriginal Business Loans

NEDC has general loan funds available with flexible terms, interest rates, repayment options, and requirements.

NEDC’s Business Development Officers (BDO) have expertise in developing the best funding package for you.

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Eligibility: Aboriginal ancestry (First Nations, Metis or Inuit) within NEDC service area.

First Citizen’s Fund (FCF)

An FCF loan offers a 40% contribution to the principal of your loan as you pay it off.  The lifetime maximum you can borrow is $75,000 plus the administration fee (1.5%).

 

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Eligibility: Aboriginal ancestry (First Nations, Metis or Inuit) within NEDC service area.

Business Equity Program

Eligibility: Aboriginal ancestry (First Nations, Metis or Inuit) within NEDC service area.

Contributions to assist in the capital, marketing and operating costs of establishing, expanding and acquiring a business.

Limited funds available.
Expenses prior to a signed contract are ineligible.

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Eligibility: Members of BC First Nations

NRT Equity Match

The NRT Equity Match assists BC First Nation Entrepreneurs (including Bands) meet their equity requirements by providing a non-repayable contribution towards the applicants equity.

Limited funds available.

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