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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 $99,999.00 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.

Eligibility/Requirements

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 a 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:

  • Direct alcohol production, marketing, distribution or sales.
  • Tobacco production, marketing, distribution or sales.
  • Games of chance operations, casinos, bingo halls, small scale gaming operations, etc.
  • Sexually exploitive materials, services, products, marketing, distribution and sales, including any web-based activities.
  • Pawn shops, cheque cashers, finance companies and others, making small, short-term, high interest rate loans that go by a variety of names:  payday loans, cash advance loans, cheque advance loans, post-dated cheque loans or deferred deposit cheque loans.
  • Passive investments (real estate) or any other activity where the applicant is not fully involved.

Click to download the Contribution Program Application

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