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.
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.
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.
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