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Futurpreneur Indigenous Entrepreneur Startup Program

Futurpreneur Canada + BDC · Federal

In plain language

Up to $25K from Futurpreneur matched with up to $50K from BDC for a combined $75K startup loan — Futurpreneur portion at CIBC prime + 3% (capped at 9%), BDC portion at BDC floating + 1.65%. Must self-identify as Indigenous, be 18–39, and have a business operating less than 24 months. Two years of mentorship included and mandatory. More accessible than straight BDC lending because Futurpreneur underwrites to the person and plan, not just collateral. Intersectional applicants (Black + Indigenous) eligible. Stacks cleanly with NACCA IWE if applicant is also a woman. Application via the Futurpreneur portal; dedicated Indigenous support team available.

Realistic range

$10,000 – $75,000

Avg award

$45,000

Max advertised

$75,000

Cost share

—

Accessibility

4 / 5

Effort

3 / 5

Deadline

Continuous intake

Repayable?

Yes

Who qualifies

Entity types

Sole Proprietor, Incorporated

Sectors

Any sector

Regions

NL Wide

Demographics prioritized

Indigenous, Youth

What you'll have to report

Quarterly financial reporting to Futurpreneur during mentorship period; monthly loan repayments; mentorship check-ins; annual business updates.