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- MicroLending Program: MicroLoans
The Economic and Investment Sector & Business Development Office supports Ktunaxanin̓tik (Ktunaxa citizens) to realize opportunities that exist here in our homelands.
We seek to create an environment for business by attracting investment, developing partnerships, and facilitating opportunities for economic growth and sustainability in ʔamakʔis Ktunaxa.
The Ktunaxa Nation Council Microlending Program is intended to provide financial support for entrepreneurial and small business activities being pursued by Ktunaxa entrepreneurs.
This financial support comes in the form of “MicroLoans” up to $10,000 at a time.
MicroLoans are provided to Ktunaxa entrepreneurs in instances where proposals for new or expanded business opportunities can demonstrate a viable and positive economic opportunity in alignment with Ktunaxa values.
A second objective of the program is to facilitate the narrowing of the gaps in current resources, training, and financial support, through the gathering of data pertaining to Ktunaxa Nation businesses and their related impacts on the various communities.
This information will help to guide the activities pursued by the Economic and Investment Sector.
The Microlending Program is only available to Ktunaxa citizens.
In addition, it is only available to certified Ktunaxa businesses or to Ktunaxa citizens who own and operate at least 51% of a business.
Successful applicants will demonstrate the positive impact that the business will have within the community (job creation and/or the creation of a product/service beneficial to the community).
KNC Business Development Officers will work with you on the application and provide one-on-one coaching.
The number and frequency of meetings needed will be determined between the applicant and the business development office during the application process.
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