Expanding Indigenous businesses in Alberta

Aboriginal Business Investment Fund (ABIF) grants are now open for 2021-22 submissions. These grants will provide up to $500,000 to eligible Indigenous-owned businesses for projects that provide social and economic benefits to their communities.

ABIF funding focuses on expanding Indigenous businesses and creating jobs in a wide array of sectors. From grocery stores to gas stations and tourist ventures to construction and forestry operations, ABIF is part of the government’s commitment to partner in prosperity with Indigenous communities in Alberta.

Eligible projects should be close to starting operations or breaking ground within the year following funding and aim to increase:

• the number of Indigenous community-owned businesses
• employment opportunities for Indigenous Peoples
• local revenue streams for Indigenous communities

Indigenous community-owned businesses are receiving capital funding in 2021 to improve social and economic outcomes in their communities. All the details are available online at alberta.ca. The closing date for applications is Sept. 30.

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