NBAPC Equity Fund Inc.. NBAPC Equity Fund is….  A wholly owned subsidiary of the New Brunswick Aboriginal Peoples Council  In partnership with NCPEI.

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Presentation transcript:

NBAPC Equity Fund Inc.

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 2

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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 4

Process Submit your application and business plan to NBAPC Equity Fund Office 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

Your Business Plan 6

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 7

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 8

Connect with any Questions or Ideas Leslie Reid Economic Development Officer Economic Development Officer  Phone:   Fax :  Mail : 320 St Mary's Street, Fredericton, New Brunswick, E3A 2S4 9

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