Short-term, interest-free loans and non-repayable contributions of up to $306.8 million are available for small and medium-sized Indigenous businesses through Aboriginal financial institutions.
“Aboriginal entrepreneurs and business owners face several obstacles in accessing financing for start-up, on-going operations, acquisitions, and expansions.” *
Indigenous banking at BDC
$400M committed to clients as of March 31, 2020
9 account managers dedicated exclusively to Indigenous entrepreneurs
800 Indigenous clients across Canada
Indigenous Entrepreneur Loan
Get up to $350,000 to start or grow your business, whether you operate on or off reserve.
Benefits for your business
Flexible repayment terms to protect your cash flow
Flexible financing to get your business off the ground or grow your company.
A loan that gives back to charity
BDC will give back part of the interest paid on the loan to a registered charity of your choice.
Limited personal risk
Your personal assets are not taken as collateral for the loan.
Use the Indigenous Entrepreneur Loan to:
- Acquire fixed assets
- Finance franchise fees
- Cover start-up costs
- Start exporting
- Replenish working capital
Need more than $350,000? Learn about our other financing solutions.
Learn the basics of financial management in a way that’s relevant to your businessLearn more
Sales and marketing
Define the best sales and marketing channels to increase your salesLearn more
Protect and strengthen your position in the marketplace by aligning your management team behind one vision.Learn more
Summer student and internship program
This program provides Indigenous (First Nation, Métis and Inuit) youth with summer employment and internship experience while they are attending college or university.
The registration period is over
Talk to someone in your area
Contact us to access financing and advisory solutions specially designed for Indigenous entrepreneurs.
* The Conference Board of Canada, Opportunities to improve the financial ecosystem for Aboriginal entrepreneurs and SMEs in Canada, (2017). Report prepared for The National Aboriginal Capital Corporations Association (NACCA) and BDC