Youth Entrepreneurship Program, Métis Fishers & Trappers Program and Small / Home Based Business Program

Three financing programs have been created to further strengthen Métis economic development and Métis entrepreneurship through increased support for small business and new business start-ups.

The initiative will provide financial and training supports to young entrepreneurs ages 18-29, small / home based businesses and Métis Fishers & Trappers through three loan programs specific to the needs of the applicant:

In addition to the commercial loans, applicants will also be able to access funding for training specific to their industry and related to enhancing the business acumen of the applicant.

Youth Entrepreneurship Program - YEP

  • Program is for Métis youth 18-29 years of age
  • Provides up to $25,000.00 in capital
  • Up to 25% of the approved loan amount can be forgiven, to a maximum of $5,000.00
  • Grant dollars available for business related training or courses
  • Flexible payment terms
  • Terms up to 48 months
  • Fixed rate - 6.5%
  • Open Loan (no penalty for additional principal payments)

Small / Home-Based Business

  • Provides up to $25,000.00 in capital
  • Up to 25% of the approved loan amount can be forgiven, to a maximum of $5,000.00
  • Flexible payment terms
  • Terms up to 60 months
  • Fixed rate - 8.5%
  • Open Loan (no penalty for additional principal payments)

Metis Fishers & Trappers Program

  • Provides up to $25,000.00 in capital
  • Up to 25% of the approved loan amount can be forgiven, to a maximum of $5,000.00
  • Flexible payment terms
  • Terms up to 60 months
  • Fixed rate - 8.5%
  • Open Loan (no penalty for additional principal payments)

MEI Credit Application

MEI Fishers & Trappers Credit Application

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