NBAPC Equity Fund Inc 2 NBAPC Equity Fund
NBAPC Equity Fund Inc.
2 NBAPC Equity Fund is…. A wholly owned subsidiary of the New Brunswick Aboriginal Peoples Council In partnership with NCPEI Seeking to fund small/medium start up businesses and/or current business projects
3 New Brunswick Newfoundland Labrador FIRST NATIONS (on reserve) 1, 0 8 5 43 5 2, 8 6 5 8, 8 7 5 8, 9 0 0 7, 2 2 0 13, 0 20 16, 4 55 Aboriginal Population by Region Prince Edward Island FIRST NATIONS (off reserve) Nova Scotia
4 Eligibility If you: Reside in New Brunswick or PEI Have a new or existing business in NB or PEI Are 18 years of age or older Have an exciting business idea The NBAPC Equity Fund is an opportunity for You ! Priority given to members of NBAPC and NCPEI
5 Process 1. Submit your application and business plan to NBAPC Equity Fund Office 3. 2. Staff and NBAPC Equity Board will review the plan at a regularly scheduled meeting Upon Approval A conditional loan or equity financing for your business is processed t e G s ’ t Le ! d e t r a t S
6 Your Business Plan
7 Equity Fund Loans Up to: $50, 000 for sole proprietorship $100, 000 for group Interest rate is determined by: Risk Credit rating Community Need and Financial Outlook
8 Going Forward We will: Promote the Equity Fund in New Brunswick and Prince Edward Island Celebrate and communicate our success stories Grow the Equity Fund into a self sustaining fund through various loans and investment strategies
9 Connect with any Questions or Ideas Leslie Reid Economic Development Officer Phone: 506 -458 -8422 Email: edo@nbapc. org Fax: 506 -451 -6138 Mail: 320 St Mary's Street, Fredericton, New Brunswick, E 3 A 2 S 4
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