First Peoples Economic Growth Fund — Entrepreneur Loan Program

Access to flexible capital can be a major barrier for Indigenous entrepreneurs looking to launch or grow a business in Manitoba. The First Peoples Economic Growth Fund — Entrepreneur Loan Program is designed to help Manitoba First Nation business owners move forward with projects such as starting a new venture, purchasing an existing business, or expanding and upgrading operations. Delivered by First Peoples Economic Growth Fund Inc., the program provides repayable financing that can be used for both project costs and working capital, making it easier to turn a solid business idea into a viable operation.

What sets this program apart is its focus on strengthening an entrepreneur’s overall financing position. Loans are structured as interest-free and subordinated, which can improve the applicant’s ability to secure additional funding from banks or other lenders. Support can reach up to around $200,000 per project, covering a meaningful share of eligible costs, and repayment terms are designed to align with the nature of the investment, including longer timelines for major assets like buildings. The program is well suited to startups and established small businesses that can demonstrate a realistic plan for sustainability and growth.

For First Nation entrepreneurs in Manitoba exploring financing options that go beyond traditional lending, this loan program can play a key role in building momentum. Reviewing the full requirements and funding structure can help determine how it fits into your broader business financing strategy.