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NBAPC Equity Fund Inc.
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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
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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 5 1.1.1.1. 2. 3.3.3.3.
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Your Business Plan 6
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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
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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
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Connect with any Questions or Ideas Leslie Reid Economic Development Officer Economic Development Officer Phone: 506-458-8422 Email : edo@nbapc.orgedo@nbapc.org Fax : 506-451-6138 Mail : 320 St Mary's Street, Fredericton, New Brunswick, E3A 2S4 9
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