Awards and Bursaries

Business Grant Program

Written by Fort William First Nation - May 18, 2012

Fort William First Nation

Casino Rama Funds

Programs

4.1 Business Grant Program

4.1.1 Description:

The Fort William First Nation Business Grant program has been created to expand the business development for the Fort William First Nation membership.  Grants are awarded to successful applicants for the purpose of the start-up, expansion or acquisition of a commercially viable business.

4.1.2 Grant awarded:

Grants awarded are 10% of the total project capital requirements to a maximum of $5,000. The total program funds are divided into 75% for start-up and 25% for expansion or acquisition.

4.1.3 Eligibility:

  • Member of the Fort William First Nation
  • Start-up, expansion or acquisition of a commercial business
  • Sole proprietorship or majority owner of partnership
  • Actively involved in running the business
  • Development of a business plan that demonstrates commercial viability
  • Minimum of 10% applicant equity contribution of cash or assets integral to the business (excludes vehicles unless prime business use)
  • May be required to take additional training in management, financing or other areas that address the needs of the business
  • Successful applicants can reapply after 5 years

4.1.4 Evaluation:

  1. Business plans are assessed by a qualified

professional based on their commercial viability, merit and the overall financial package assembled and a recommendation is made to the Casino Rama Allocation and Distribution Committee

  1. The Casino Rama Allocation and Distribution

Committee review applications and make recommendations to FWFN Council for approval.  The grant awards are based on funds available, eligibility and recommendations of the business plan assessment.

4.1.5 How to apply:

Application packages can be picked up at:

Fort William First Nation

90 Anemki Drive

Suite 200

Thunder Bay, ON

P7C 4Z2

Or call/fax requesting to receive an application in the mail/fax

Phone: (807) 623-9543  Fax: (807) 623-5190

 

business-grant-program-application

4.1business-grant

4.1business-grant
Title : 4.1business-grant
File name : 4.1business-grant.doc
Date : May 18, 2012
4.1business-grant
Title : 4.1business-grant
File name : 4.1business-grant1.doc
Date : May 18, 2012
business-grant-program-application
Title : business-grant-program-application
File name : business-grant-program-application.doc
Date : May 18, 2012