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Investment
Investing in First Nations and Métis Businesses
The First Nations and Métis Fund will make investments of between $1 million and $3 million, following general guidelines and criteria outlined below.
Investments made by the Fund will be made in the form of:
- Debt;
- Sub-debt;
- Equity; and/or
- Combination of various financial instruments.
Eligibility
To be eligible for an investment from the Fund, you must be:
- A First Nation or Métis resident in Saskatchewan; or
- A corporation, partnership, association, or other legal entity which is majority owned or controlled by First Nations or Métis people in Saskatchewan; and
- Able to make a minimum equity contribution to the project (amount to be determined on a case by case basis).
Types of investments:
The Fund will consider making investments for the following purposes:
- Start-ups – new businesses which have developed or acquired products or services and are ready to proceed to commercialization;
- Early-stage investments – businesses which have been in operation for some time, but have not yet fully developed their product or service;
- Expansions – businesses which require financing to expand sales, or to launch a new product or service;
- Management buyouts – adding new management and capital to acquire control of a business and realize its potential for expansion; and
- Restructuring or turnarounds – adding investment and making changes in management, staffing, operations or marketing strategies to help the business succeed.
Industry Sectors:
Businesses may be in Saskatchewan’s key strategic growth sectors:
- Value-added agriculture
- Advanced technology
- Energy
- Mining
- Forestry and forestry developments
- Manufacturing
- Aboriginal-themed tourism
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