TACC New Relationship Trust (NRT) Entrepreneur Equity Match Grant

Grants for First Nations Entrepreneurs with TACC business loans

The New Relationship Trust (NRT) Equity Match Grant is administered by TACC in our service area. The grant is not offered as a stand-alone source of funding, and must be applied for in conjunction with a TACC Loan. The NRT Grant is only available to BC First Nation community-owned businesses and BC First Nation individual entrepreneurs.

1. Review eligibility criteria to ensure you reside within the traditional Coast Salish territory and are a BC First Nation entrepreneur or part of a First Nation Community business 2. Prepare proof of cash equity available for the project and calculate total project costs to determine the eligible matching equity amount, ensuring it does not exceed $5,000 or 25% of the total project costs 3. Complete the application process for a term loan through Tale’awtxw Aboriginal Capital Corporation (TACC), preparing necessary loan application documents as required by TACC 4. Submit your loan application and equity-matching request to TACC, ensuring all documentation is complete and verifies the eligibility criteria 5. Await confirmation from TACC regarding the approval of your term loan, which is a prerequisite for the equity-matching fund, and follow any additional instructions provided by TACC to finalize the grant process