If you are a First Nations entrepreneur in Manitoba, access to start-up or expansion capital can be a major barrier. The Manitoba First Peoples Economic Growth Fund: Entrepreneur Loan Program offers repayable financing of up to $200,000 to help Indigenous-owned businesses start, grow, or change ownership. This program is open now and supports both on‑reserve and off‑reserve entrepreneurs across the province.
Below is a clear breakdown of how the program works, who qualifies, and how to apply with confidence.
The Entrepreneur Loan Program is delivered by First Peoples Economic Growth Fund Inc. (FPEGF). It provides repayable loans, not grants, to support viable Indigenous business projects in Manitoba.
Key program details at a glance:
Eligible projects include:
To qualify for the Manitoba First Peoples Economic Growth Fund Entrepreneur Loan Program, you must meet all of the following requirements:
There is no restriction on industry, as long as the business is legal and commercially viable.
The loan covers up to half of your total project costs, capped at $200,000.
Eligible expenses include:
Because this is a loan, repayment terms and interest rates apply. These are reviewed as part of the application process and are based on risk and project viability.
Tools like GrantHub’s eligibility matcher can help you filter Indigenous business loans by province and funding type, especially if you plan to combine this loan with other programs.
Applying for this loan program requires more preparation than a typical grant application.
Step 1: Build a strong business plan
Your plan should clearly show:
Step 2: Confirm your equity contribution
You must show proof of at least 5% equity toward total project costs.
Step 3: Prepare supporting documents
This typically includes:
Step 4: Submit your application
Applications are submitted directly through First Peoples Economic Growth Fund Inc.
Treating this like a grant
This is a repayable loan. Weak repayment planning is a common reason for rejection.
Underestimating total project costs
Since funding is capped at 50%, inaccurate budgets can leave financing gaps.
Missing the equity requirement
Applications without the full 5% equity contribution are not approved.
Submitting a generic business plan
Your plan must be specific, realistic, and tied directly to Manitoba market conditions.
Q: Is the First Peoples Entrepreneur Loan Program a grant or a loan?
It is a repayable loan, not a non‑repayable grant. Repayment terms are set during the approval process.
Q: Can I apply if I live off reserve?
Yes. Manitoba First Nations members are eligible whether they live on or off reserve in the province.
Q: How much funding can I receive?
You can receive up to $200,000, or 50% of total project costs, whichever is lower.
Q: Do I need to invest my own money?
Yes. You must contribute at least 5% of the total project cost as equity.
Q: Is the loan considered taxable income?
Loans are generally not taxable income, but interest and repayments affect cash flow. Always confirm with your accountant.
The Manitoba First Peoples Economic Growth Fund Entrepreneur Loan Program can be a strong foundation for Indigenous business growth, especially when combined with other financing. GrantHub tracks hundreds of active grant and loan programs across Canada and helps you see which ones match your business, location, and ownership profile. Understanding your options early can help you plan funding and avoid unexpected delays.
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