To improve the general economic well-being of Manitoba First Nations people by encouraging, promoting, developing and assisting to improve business and economic opportunities for Manitoba First Nations and their members.
The Fund will only support those projects that are economically viable and provide a positive return on investment to First Nations entrepreneurs, communities and FPEGF.
Leveraging other investment dollars is critical to the growth of the First Nation’s economy and must be demonstrated by every business proposal presented to FPEGF.
Capacity building will be an important criteria in the decision-making processes, be it human capital, infrastructure or community capacity.
Job creation, long-term and sustainable employment opportunities, in areas where there is high unemployment, is desirable.
A portion of the Fund will be targeted for projects originating in rural and northern Manitoba.
All businesses receiving funding will have to meet or exceed prevailing environmental and health standards.
FPEGF, while looking to assist businesses of high economic return, will also consider the needs of the applicants; in general, applications of exceptional merit with the greatest need will receive the highest priority.
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