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Small Business Loan Program

Get up to $50,000* for your business!

Business

Loans can be approved up to $50,000

*In strong cases, more funding may be available.

Mentorship is available to help you make the most out of your funding.

Client contribution ranges from 0% to 20% of the total financing, depending on circumstance.

One year of no interest or principle.

Small to medium sized businesses are encouraged to apply.

30% forgiveness of the principle amount if the business is operational one year after the loan with employment targets reached.

Eligible Businesses

The goal of this small business grant is to support entrepreneurship among Missanabie Cree band Members and their families by providing access to capitol and mentorship services.

Eligible Costs

  • Start Up Costs

  • Expansions

  • Changes in ownership

  • Equipment

  • Marketing

  • Working Capitol

  • Inventory

  • IT

  • E-commerce investments

  • Pop-ups or seasonal businesses

  • Other costs deemed appropriate

Eligible Types

  • Sole Proprietors

  • For-Profit Businesses

  • Social Enterprises

  • Coop Enterprises

Young Businesswoman

APPLY NOW

We will reach out to you to schedule a meeting.

Thanks for submitting!

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Missanabie Cree Business Corporation

553 Queen Street East

Sault Ste. Marie, ON P6A 2A3

Office: 705-575-2188

Email: EA_mcbc@missanabiecree.com

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