Young Indigenous Business Grant 2024 (Canada)

Deadline: 25 July 2024

The Canadian Council for Indigenous Business (CCIB) has launched its first grant dedicated to young Indigenous entrepreneurs, the Young Indigenous Business Grant.

The grant, presented by Loblaw Companies Limited with contributions from CIBC, and Apex Distribution, is open to Indigenous entrepreneurs under the age of 35 operating their businesses in Canada.

The Young Indigenous Business Grant is administered through CCIB’s Tools for Indigenous Business (TIB) program.

Funding Information

22 successful applicants will receive $2,500 each as well as a one-year CCIB membership to help expand their businesses.

Eligibility Criteria

To receive a grant, the business must be 51% owned and controlled by a Young Indigenous (First Nations, Métis or Inuit) person under the age of 35.
- The business must be for-profit and registered in Canada.
- Individuals born on or before June 20th, 1989 are ineligible to apply.
- For individuals with more than one business, applications will only be accepted for one business.
Proof of Indigenous Ancestry
- Proof of Acceptable documents include the following:
  - Indian status card
  - Métis National Council Governing Membership
  - Inuit Beneficiary card
- Or, valid identification provided by the following:
  - Congress of Aboriginal Peoples (CAP) affiliate membership
  - Northwest Territories Land Claim Settlement Beneficiaries
  - Alberta Métis Settlement Members
  - Northwest Territory Métis Nation Membership
  - Membership in a historic Métis community recognized as independent and rights-bearing by a provincial or Canadian federal government
Proof of Ownership
- Sole Proprietorship
  - Master Business License or provincial/territorial equivalent
- Corporation
  - Articles of Incorporation
  - Shareholders Agreement
  - Shareholders Registry
  - Corporate Tax Return – Schedule 50 if available
- Partnership
  - Partnership Agreement