Nishnawbe Aski Development Fund (NADF) – Business Recovery Fund (2022)

  • This program is currently closed.

Description:

Through the Business Recovery Fund NADF provides eligible applicants up to $50,000 (50% non-repayable) to meet their businesses general expenses, increase productions capacity, develop new products, move to online marketing or to make improvements to accommodate social distancing requirements.

Comments on Funding:

Funding is up to $50,000, out of which 50% is non-repayable.

Eligibility:

Applicant must:

  • be Aborignal businesses in Northern Ontario;
  • demostrate the following:
  • a clear project-specific need as a result of the COVID-19 pandemic;
  • the potential to maintain employment, business and/or training opportunities for Indigenous people;
  • the potential to recover from the COVID-19 pandemic;
  • an acceptable value for money in terms of outputs and results;
  • confirm that all projects and businesses will be based within NADF catchment area;
  • a sound budget with eligible funding activities; and
  • sound project management.

Other terms and conditions apply and Account Manager will discuss with the applicants.

Applications Steps:

Other Things to Note:

Program no longer active in January 2022. 

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