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SIEF Contribution Program

The SIEF Contribution Program is a needs based program with a mandate to create jobs and to increase the economic well-being of First Nations people.  The program is designed to support:  Business start-ups, business acquisitions, or expansions to existing businesses.

Funding for projects is completed in a two stage process.  Stage one is the application form to determine eligibility.  Stage two requires a comprehensive business plan to be submitted for further consideration; that demonstrates the long-term viability of the proposal and the ability to create jobs.

The SIEF Contribution Program is in the form of a non-repayable financial contribution up to a maximum of $99,999.99 of total projects costs for individual applications and up to a maximum of $250,000.00 of total project costs for community or band owned enterprise applications.

To be eligible for the program, clients must be located in Saskatchewan and:  a registered Status Indian, a majority owned First Nations business/financial organization, or a development corporation.

All applications require a minimum of 10% equity contribution from the client.  The SIEF Contribution Program assistance supports Business Development, Capital and Operating, Marketing, and on-going Business Support costs.  The combined equity of the applicant and SIEF Contribution Program, for a capital project normally cannot exceed 50% of total eligible project costs.

To be eligible for individual application support, the applicant should be involved full-time with the proposed business in a management capacity.

Ineligible Projects

The following business activities are ineligible for support:

For specific questions concerning the complete eligibility requirements and program criteria please contact a SIEF Business Development Officer.