Government of Canada loans available for Aboriginal entrepreneurs
Posted by Admin in
Government Grants on 08 5th, 2009 |
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Ottawa, Ontario (July 20, 2009) – The Government of Canada will provide $3 million through
INAC’s pilot
Loan Loss Reserve Initiative. The reserve fund works by offsetting a portion of the lender’s potential losses on loans to
First Nation businesses, thus reducing the financial risks associated with lending to on-reserve First Nation businesses.