Indigenous Entrepreneurs in Ontario: Directory of Funding & Support Sources

This page is a directory of sources of business funding that support Indigenous entrepreneurs in Ontario. The page will be regularly updated to ensure that funding sources are current. 


Federal Funding Organizations for Indigenous Entrepreneurs

TypeOrganizationWhat They Do
MinistryCrown-Indigenous Relations and Northern Affairs Canada (CIRNAC)Federal department that works with Indigenous partners on rights, self-determination, and economic development, including programs that support community and business growth.
MinistryIndigenous Services Canada (ISC)Delivers business-focused programs such as the Aboriginal Entrepreneurship Program and IEBD to help Indigenous entrepreneurs access capital, advisory support, and federal procurement opportunities.
AssociationNational Aboriginal Capital Corporations Association (NACCA)Umbrella for 50+ Indigenous Financial Institutions that finance and support Indigenous entrepreneurs; it also stewards initiatives like the Indigenous Growth Fund.
AssociationIndigenous Tourism Association of Canada (ITAC)National body growing Indigenous tourism through product development, marketing, industry partnerships and member programs (e.g., accreditation, training, and accelerators).
AssociationCanadian Council for Indigenous Business (CIBB)Builds bridges between Indigenous and non-Indigenous businesses via certification, procurement tools, awards, and the PAIR (formerly PAR) corporate accreditation for Indigenous relations.
FoundationsIndigenous Youth RootsFunds and supports youth-led entrepreneurship with small grants (e.g., $2k Seed Grants; $4.5k Entrepreneurship & Social Enterprise stream) plus workshops and resources.
NetworkInuit Women in Business Network (IWBN)A Pauktuutit initiative offering tools, mentoring, and business resources tailored to Inuit women entrepreneurs across Inuit Nunangat and beyond.
Impact Investment CompanyRaven Indigenous Capital PartnersIndigenous-led impact VC providing equity and support to Indigenous and Native American enterprises through a culturally centered investment approach.
Venture CapitalIndigena CapitalInvestment firm that partners exclusively with Tribal/First Nations, Inuit and Mรฉtis communities, structuring long-term capital to leverage Nation rights and resource estates.

Ontario Funding Organizations for Indigenous Entrepreneurs

TypeOrganizationWhat They Do
Sector-Specific OrganizationIndigenous Tourism Ontario (ITO)Ontarioโ€™s dedicated Indigenous tourism organization, uniting communities and entrepreneurs to build capacity and grow market-ready Indigenous tourism experiences.
Sector-Specific OrganizationWaubetek Business Development CorporationAboriginal-owned development corporation financing startups, expansions and acquisitions in Northeastern Ontario, with sector strategies (e.g., mining, fisheries, aquaculture, tourism).
Sector-Specific OrganizationRainy Lake Tribal Area Business & Financial Services CorporationAn Aboriginal Financial Institution serving Treaty #3, offering loans and business support for First Nation-owned startups and expansions.
Sector-Specific OrganizationNishnawbe Aski Development FundNorthern Ontario AFI providing loans (typically up to $500k, and in exceptional cases $1M) and grants alongside advisory services for Indigenous entrepreneurs.
Sector-Specific OrganizationTwo Rivers Community Development CentreIndigenous-controlled lender in southern/central Ontario offering financing and business support, including the Indigenous Business Financing Program delivered with Aboriginal Impact Capital.
Sector-Specific OrganizationMรฉtis Voyageur Development Fund Inc.MNO-aligned fund providing loans and business development support to strengthen Mรฉtis-owned businesses across Ontario.
Sector-Specific OrganizationTecumseh Community Development CorporationSouthwestern Ontario AFI delivering developmental lending (loans, guarantees/equity) and advisory services for First Nations entrepreneurs and communities.
Sector-Specific OrganizationFirst Nations Agriculture and Financing of OntarioProvides farm and agri-business financing, advisory services, and training to First Nations producers and agribusinesses province-wide.
Sector-Specific OrganizationOttawa Aboriginal CoalitionCoalition of Indigenous service organizations that coordinate programs and advocacy for urban Indigenous people in Ottawa, including amplifying local Indigenous businesses and vendors.
Sector-Specific OrganizationIndigenous Affairs Office (City of Toronto)City division advancing a 10-year Reconciliation Action Plan; Indigenous entrepreneurs can also connect with the Cityโ€™s Indigenous Centre for Innovation & Entrepreneurship for space, programs and supports.
Regional Development AgencyWakenagun Community Futures Development CorporationCFDC serving the Mushkegowuk area with business financing, planning support and services to advance Indigenous entrepreneurship.
MinistryMinistry of Indigenous Affairs and First Nations Economic ReconciliationLeads Ontarioโ€™s reconciliation and economic-growth agenda for Indigenous peoples, including grant/financing streams like the Indigenous Economic Development Fund (IEDF).