Indigenous Economic Development Fund — Business and Community Fund

For Indigenous entrepreneurs and community organizations in Ontario, building long-term economic strength often requires more than just capital for a single business—it calls for support that strengthens local capacity, services, and collaboration. The Indigenous Economic Development Fund — Business and Community Fund is designed to meet that need by helping Indigenous-led businesses, nonprofits, and communities invest in initiatives that support economic participation and sustainable growth. Delivered by Ontario’s Ministry of Indigenous Affairs, this funding stream focuses on projects that create broader economic benefits rather than one-off outcomes.

The Business and Community Fund can support a wide range of activities, from business support services and skills development initiatives to community-based economic projects that help diversify local economies. Funding is non-repayable and varies depending on the scope and impact of the project, making it suitable for both smaller initiatives and more ambitious, multi-part efforts. Many projects supported through this stream are tied to improving access to employment, strengthening local business ecosystems, or fostering partnerships between Indigenous communities and the private sector.

Because this fund emphasizes community benefit and capacity building, it can be a strong fit for organizations and SMEs looking to create lasting economic impact in Indigenous communities across Ontario. For those considering an application, taking a closer look at how projects are assessed, what types of costs can be supported, and how this fund compares to other IEDF streams can help clarify whether it aligns with your goals.