Business Equity Program

Description

Tale’awtxw Aboriginal Capital Corporation (TACC) delivers the Business Equity Program (BEP) to Aboriginal entrepreneurs in the Coast Salish territory.

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. 

BEP may contribute up to $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.

Eligibility requirements

Clients must be Canadian Aboriginal Peoples or Canadian corporations, partnerships, associations – 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 must 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.

Visit TACC’s website for specific eligibility requirements.

Status

Open and Continuous

Administration

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 – since 1992.