Business Development Bank of Canada - Aboriginal Banking (NGO)

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The Business Development Bank of Canada’s (BDC) Aboriginal Banking Unit offers customized, long-term and flexible solutions specially designed for Aboriginal businesses.

Summary

The Business Development Bank of Canada’s (BDC) Aboriginal Banking Unit offers customized, long-term and flexible solutions specially designed for Aboriginal businesses. They understand the unique cultural and business realities that Aboriginal entrepreneurs face and have the tools to help them succeed.

Eligibility

BDC's Aboriginal Banking Unit can provide support to businesses that:

  • Have a commercially viable business proposal
  • Have an acceptable level of management expertise
  • Demonstrate financial commitment
  • Operate on- or off-reserve in Canada

Note: Eligibility requirements may vary with each program.

Type of Assistance

In addition to conventional lending and advice, BDC’s Aboriginal Banking also offers a number of special initiatives, including:

  • Aboriginal Business Development Fund (ABDF) – The ABDF is a program that provides tools for Aboriginal entrepreneurs who choose to start their own businesses. The fund increases access to capital for Aboriginal entrepreneurs who would normally not qualify for a loan. The program combines financing with management training and on-going mentorship.
  • Growth Capital for Aboriginal Business (GCAB) – Under the GCAB program, you can obtain financing to a maximum amount of $25,000 for start-ups and up to $100,000 for existing businesses.

For more information on the programs listed, please visit www.bdc.ca/en/i_am/aboriginal_entrepreneur/Pages/default.aspx.

Contact

Jim Park
Senior Account Manager, Aboriginal Banking
Business Development Bank of Canada
1100 - 155 Carlton Street
Winnipeg, Manitoba R3C 3H8
Phone: 204-984-8601
Toll Free: 1-888-463-6232
Fax: 204-983-0870
Email: jim.park@bdc.ca 
Website: www.bdc.ca