Building Indigenous investment
The Alberta Indigenous Opportunities Corporation (AIOC) is expanding its mandate to create additional opportunities for Indigenous investment in major agriculture, telecommunications and transportation projects and related infrastructure. Expanding the AIOC’s mandate will further contribute to Alberta’s post-pandemic economy by creating jobs, fueling growth and diversifying the economy.
AIOC was created to enable access to capital, making financing more affordable and improving lending terms for Indigenous groups interested in participating in major projects in Alberta. The AIOC provides up to $1 billion in loan guarantees to reduce the cost of capital for Indigenous groups and support their own communities in raising capital to invest in economic development projects.
READ MORE HERE
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Date
Feb 14, 2022
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By
Government of Alberta
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