Waubetek Business Financing Program
by Waubetek Business Development Corporation
Also known as: Aboriginal Business Financing Program · ABFP · BFP
Waubetek's Business Financing Program, the federal Aboriginal Entrepreneurship Program delivered in North-East Ontario, provides non-repayable contributions up to $99,999 for First Nation, Inuit and non-status individuals, and up to $250,000 for First Nation communities or First Nation-owned businesses. Capital projects need at least 10% equity plus commercial financing; business plans, marketing and mentorship can be covered up to 75% with 25% equity. Continuous intake, start with a Business Development Officer. Métis applicants go to MVDF instead.
Key facts
- Amount
- Up to $99,999 Individuals up to $99,999; First Nation communities / First Nation-owned businesses up to $250,000, paid as a percentage of total project costs
Against all tracked amounts, $1,000 to $500,000,000, logarithmic.
waubetek.com · Last verified Oct 1, 2026 · Auto-checked against official source
Individuals: Up to $99,999 as a percentage of the total project costs; First Nation Communities/First Nation-owned businesses: Up to $250,000
- Instrument
- Conditional contribution
- Status
- Open, continuous intake no fixed deadline; approvals on the funder's cycle
- Your share
- 10% matching required Capital projects: minimum 10% unencumbered equity plus commercial financing for the balance. Soft costs (business plans, valuations, marketing, mentorship): 25% equity, BFP may cover up to 75%, no commercial loan required.
waubetek.com · Last verified Oct 1, 2026 · Auto-checked against official source
- Who qualifies
- Individuals Businesses Indigenous organizations and communities
- individual-entrepreneur
- business
- first-nation-community
- first-nation-owned-business
- First Nation, Inuit and non-status applicants located in North-East Ontario (on or off reserve)
- Proof of Indigenous heritage required (status card / ITK letter / genealogical documentation for non-status)
- Métis applicants must apply to the Métis Voyageur Development Fund instead
waubetek.com · Last verified Oct 1, 2026 · Auto-checked against official source
First Nation, Inuit and non-status applicants located in North-Eastern Ontario
- Where
- Algoma District · Sudbury District (excl. Greater Sudbury) · Greater Sudbury (single-tier census division) · Manitoulin District · Nipissing District · Parry Sound District
6 of 11 Northern Ontario districts are eligible for this program. A filled dot is eligible, an outline is not.
How do you apply?
Call first. This funder expects contact with a program officer before you apply.
- Consult with a Waubetek Business Development Officer
- Prepare business plan and financing package
- Submit application; approval and contribution agreement
waubetek.com · Last verified Oct 1, 2026 · Auto-checked against official source
Common questions
How much can I get from Waubetek's BFP?
Up to $99,999 for individuals, or up to $250,000 for First Nation communities and First Nation-owned businesses, calculated as a percentage of total project costs.
Do I need my own money in the project?
Yes, a minimum 10% unencumbered equity for capital projects (plus commercial financing for the balance), or 25% equity for business planning, valuation, marketing and mentorship costs, where BFP may cover up to 75%.
I'm Métis in northeastern Ontario, can I apply?
No. Waubetek directs Métis applicants to the Métis Voyageur Development Fund (MVDF) instead.
Is there a deadline?
No fixed deadline is posted, intake is continuous. Consult a Waubetek Business Development Officer to start.
Where else could this money come from?
Chosen by what these programs have in common with this one, not by hand. The reason is shown for each, so you can judge whether it holds.
-
Waubetek Indigenous Women's Entrepreneurship Program
Open, continuous intake same funder (Waubetek Business Development Corporation); both for indigenous entrepreneurs & businesses and startups & new entrepreneurs; waubetek — Up to $50,000
-
NADF E-Commerce Grant
Open, continuous intake both for indigenous entrepreneurs & businesses and startups & new entrepreneurs; non repayable — Up to $8,000
-
Ontario Creates IP Fund
Next intake not announced both for startups & new entrepreneurs and small business, expansion; non repayable — $5,000 – $500,000
Guides that cover this program
Notes on this record
Waubetek is the delivery IFI for the ISC Aboriginal Entrepreneurship Program in North-East Ontario (its northwestern counterpart is NADF's BFP, slug nadf-bfp). Serves applicants on or off reserve.
Apply
Apply on the funder’s site and confirm current terms there: