Since Ulnooweg’s inception, our team has supported Atlantic Indigenous entrepreneurs with over $60,000,000. If you have a dream of entrepreneurship, or need help in expanding an existing business, Ulnooweg is here to help and will guide you through the process step by step.
Funding begins with a full understanding of your business, your needs, and what we offer. We will guide you through our client inquiry form and provide options and assistance for meeting your diverse needs.
Before we make any moves together, use our assessment tool to determine exactly where your business is strong and where we can boost you up.
Next, we provide you with tools that can help you right away. These tools can help you calculate loan repayments, create an online presence, and lots more while we review your client inquiry form.
With the client inquiry form and business tools under your belt, it's time to review the funding options available to you based on your business and situation.
You've put together a completed application package, now its time to submit! The Client Services Officer is here to help you navigate the application process and will be responsible to send your application off for assessment.
Whatever the result of your application and assessment, the Business Development Team will continue to support you and your business in every way possible.
Ulnooweg is not just for new business! We also offer loans and support to help your business grow.
When Warren Benoit realized it was time to expand and purchase new equipment for his company JBD Contracting, he turned to Ulnooweg for help with financing and a business plan for growth.
Now, Warren has the tools he needs to do his own excavation work and manage projects for his clients throughout the entire process.
Ready to take the next steps in your growing business?
The general principles of our loan programs are to:
This flexible loan program has limited security requirements and is easy to access for those working on smaller projects. This program:
Loan amounts available up to $5,000, at a rate of 9.25% over a maximum 2-year term, with a 5% cash equity recommended. Contact us for eligibility and further details.
Ulnooweg is dedicated to serving those Indigenous entrepreneurs who have been historically underserved in business endeavours. This program:
Loan amounts available up to $25,000, at a rate of 9.25% over a maximum 5-year term, with a 5% cash equity recommended. Contact us for eligibility and further details.
If you have a larger project in mind or do not fit into our other lending programs, contact us to discuss applying for our general lending program. This program:
Loan amounts available up to $750,000 for Individuals and $1.5million for Communities dependent on available capital, with various interest rates, over a maximum 20-year amortization. Further details available. Contact us for eligibility and further details.
The Aboriginal Business Financing Program (ABFP), administered by Ulnooweg, offers non-repayable business contributions to individual Indigenous entrepreneurs and community owned businesses. Working together with clients and partners, we provide a range of services and support that is helping promote the growth of a strong Indigenous business sector in Canada.
For community-based projects, conditions will be considered when determining contribution levels and repayment terms.
The majority of ABFP funding goes towards small and medium-sized businesses in the form of non-repayable contributions.
For more information on the ABFP and other sources of funding, contact our team today!
Eligible applicants are individuals of Canadian Indigenous status or non-status, Metis or Inuit Heritage (on or off reserve), living and operating their businesses within the Atlantic provinces. Indigenous business and financial organizations, as well as development corporations are also eligible for contributions.