First Peoples Economic Growth Fund — Business Contribution Fund

Amount

Varies

Deadline

Rolling

Odds

Not published

Effort

1–2 weeks

Can you get this?

✓Business must be 51% First Nation owned

✓Minimum 10% cash equity required

✓Minimum 40% commercial loan required

✓Business headquarters must be in Manitoba

✕Bars, gambling, pawn shops, and payday lenders are not eligible

Your real odds

There is no public approval rate, and the financing structure requires 10% cash equity plus a 40% commercial loan, so you need significant external buy-in before you apply.

Several business types are excluded outright, including bars, gambling, payday loans, and real estate, and the program will not fund a business that would significantly harm an existing competitor. Applications with a complete business plan and clear evidence of management capacity will be the strongest.

What it takes

Confirm eligibility — ownership structure, equity, and commercial loan commitment1–2 weeks

Prepare a business plan demonstrating viability and management capacity (FPEGF can fund up to 75% of business plan development cost)2–6 weeks

Submit application with supporting financials (and for acquisitions, three years of statements plus an independent Business Valuation)1–2 weeks

Manage a three-year control period: submit annual financial statements and a Business Performance ReviewOngoing for 3 years

Worth knowing

FPEGF can cover up to 75% of the cost to develop your business plan before you formally apply for the main grant, so if that upfront cost is a barrier, ask about that support first.

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