Using more than one program
“Stacking” means using more than one program for the same business.
Example
- A loan from your IFI, plus
- Aboriginal Entrepreneurship Program money you do not pay back (through your IFI), plus
- A women’s or youth program, like NACCA Indigenous Women Entrepreneurship Program (IWE), plus
- In Northern Ontario, the Nishnawbe Aski Development Fund – E-Commerce Grant (up to $8,000).
Another example
Futurpreneur Indigenous Entrepreneur Startup Program (IESP) for youth: up to $25,000 from Futurpreneur plus up to $50,000 from BDC.
Programs can have limits on how they fit together. Ask your IFI before you apply.