Business Equity Program
Last updated on December 19, 2023Description
Tale’awtxw Aboriginal Capital Corporation (TACC) delivers the Business Equity Program (BEP) to Aboriginal entrepreneurs in the Coast Salish territory.
The BEP will consider non-repayable contributions to Aboriginal entrepreneurs for eligible capital and business support to start, expand or acquire a viable business. Non-repayable contributions for business plans, marketing and other related business support services will also be considered.
The BEP may contribute up to a maximum of $99,999 for individuals and incorporated businesses, and up to $250,000 for community owned businesses, based on a viable business plan and subject to other financing being in place.
Special Requirements
Clients must be individuals of Canadian Aboriginal heritage — Status or Non-status Indian (on or off-reserve), Métis or Inuit — or a majority-owned Aboriginal business, financial organization, or development corporation.
To be eligible for support, you should also be involved full-time with the proposed business in a management capacity and must be able to provide 15% cash equity to support the project.
Last updated: May 17, 2018
Since 1992 Tale’awtxw Aboriginal Capital Corporation (TACC) has supported the success of over a thousand Aboriginal-owned businesses operating within the service area - Coast Salish Territory and beyond.