The Clarence Campeau Development Fund has created the Métis Women’s Equity Program and the Métis Youth Equity Program (18-35 years old).

The Métis Women’s Equity Program

The Métis Women’s Equity Program offers equity assistance of up to 65% of project costs to a maximum of $10,000. Total project costs cannot exceed $25,000, (excluding working capital). The funds can be used to purchase an existing business, start a new business or expand or renovate an existing business.

The funds are repayable over a maximum 5 year term and are interest free. After 24 months of satisfactory repayment the client has the option to repay 75% of the remaining contribution with 25% being forgiven. Security consists of a promissory note, which means that no assets need to be pledged as collateral.

The business must be for profit and have a sound business plan. The applicant must put 5% equity into the business and the business must be 100% owned by a Saskatchewan Métis Woman.

Métis Youth Equity Program

The Métis Youth Equity Program offers equity assistance of up to 65% of project costs to a maximum of $10,000. Total project costs cannot exceed $25,000, (excluding working capital). The funds can be used to purchase an existing business, start a new business or expand or renovate an existing business.

The funds are repayable over a maximum 5 year term and are interest free. After 24 months of satisfactory repayment the client has the option to repay 75% of the remaining contribution with 25% being forgiven. Security consists of a promissory note, which means that no assets need to be pledged as collateral.

The business must be for profit and have a sound business plan. The applicant must put 5% equity into the business and the business must be 100% owned by a Saskatchewan Métis Youth

For more information, contact the Clarence Campeau Development Fund