Services
1. Small Business Loans
Loan amounts maximum $25,000.
Eligibility includes Aboriginal Status along with an equity commitment.
A well documented business plan.
The business must be viable and demonstrate ability to repay the loan.
A fully completed application for business financing (provided by OCC).
Interest bearing term loans for capital purchases, inventory and other working capital requirements.
Interim financing (bridge loans).
2. Venture Investment Fund.
Maximum amount $250,000.
Formalized business ventures with demonstrated management and financial capacity combined with long-term market and growth opportunities.
Aboriginal owned corporations, co-operatives, joint ventures, or community business ventures.
For the development, expansion, modernization and/or acquisition of viable business projects.
Flexible repayment options.
Business development and negotiation assistance.
3. Youth Business Program
Maximum amount of the loan $3,000, maximum amount of the equity contribution $1,500.
Available to First Nations Youth, under the age of 30.
Personal monitoring services provided for business development and project after care.
Low interest rates.
Can be combined with Small business loans for approved applications.
For program guidelines and more information contact OCC.
Interested in helping a Youth Entrepreneur than apply to OCC’s mentor database. Mentors assist our entrepreneurs develop and care for their business projects.
4. OCC Partnership Development Program
Develop partnership relationships between Aboriginal business and the private sector.
Support trade, investment and marketing opportunities of Aboriginal business.
Develop partnership alliances, corporate/Aboriginal business alliances, joint ventures, mergers, and acquisitions.
Promote Aboriginal business opportunities through regional forums and partnership promotion with the private sector with example the conveyor roller from Universal Roll.