Supporting Research and Development of a Business Plan

Business Plan Assistance

This program is intended to provide support to Manitoba First Nation individuals or First Nation-based enterprises which, in the opinion of the Fund, have a business concept that, through initial screening, provides excellent opportunity but demonstrates a need for financial assistance to develop professional business plan.

This program allows the applicant to engage the services of a professional consultant to assist in the research and development of a quality business plan that will be used to attract financing.

Applicants should also attach a business concept summary. The business concept summary should include but not be limited to: business overview, industry overview, marketing strategy, management experience, staffing, estimated project costs and financing.

Nature of Funding

Funding available is up to 75% of the costs to a maximum of $20,000. This funding is non-repayable. The client is expected to pay the first 25% of the costs.

Eligibility Criteria

Applicants must:
  • Be a member of a Manitoba First Nation, living on or off reserve in Manitoba

  • Be aged 18 and over, and eligible to work in Canada

  • Submit an application describing the business for which they wish to develop a business plan

  • Not have owned a similar business in the past 12 months

  • Provide the name and qualifications of the proposed consultant, proposed terms of reference and a written proposal, including a quote.

Applicants must provide the name and qualifications of the proposed consultant, proposed terms of reference and a quote.

FPEGF recommends that three competitive quotes are obtained.

Approval of funding is required prior to consultant commencing the assignment.

Business Plan Assistance (PDF format) Business Plan Assistance Loan Approval Criteria (PDF format)