TACC New Relationship Trust (NRT) Community Equity Match Grant
Get up to $25,000 back to modernize or expand your BC First Nation business. This matching grant reimburses you after you pay, but you must secure a TACC term loan for the rest.
“This initiative will assist BC First Nation business projects with equity-matching funds up to $25,000 to establish, modernize or expand a business.”
From the official program page
Before you spend any money
Approval must precede spending; money spent before TACC approves the loan and grant usually does not count.
At a glance
Subject to program rules, available funding, and approval. Confirm current details with the official program administrator.
Is this for you?
- You are a BC First Nation community business looking to establish, modernize, or expand.
- You can secure a TACC term loan to cover the remaining project costs.
- You have the cash flow to pay project costs upfront before claiming your grant share back.
Probably not the right fit if
- You are not a BC First Nation community business.
- You need funding for debt consolidation, refinancing, or feasibility studies.
- You cannot or do not want to take on a TACC term loan.
How much you'd realistically get
For example, on a $10,000 eligible project, that's up to about $2,500 back.
Up to $25,000 or 25% of eligible project costs, whichever is less.
What may be supported
- Establishment of a new business.
- Modernization of an existing business.
- Expansion of an existing business.
What's excluded or restricted
- Refinancing debt.
- Debt consolidation.
- Business planning.
- Feasibility studies.
How applying works
Effort: moderateYou must apply for a TACC term loan first, as the equity match is conditional on that approval.
- 01Contact Tale’awtxw Aboriginal Capital Corporation (TACC) to apply for a term loan.
- 02Secure TACC approval for the term loan, as the equity match is conditional on this.
- 03Ensure your project meets the eligibility criteria for establishment, modernization, or expansion.
- 04Submit the required documents for the grant application, including proof of TACC loan approval.
- 05Pay the eligible costs upfront and then claim the grant portion back.
Who to ask: Telephone: 604-926-5626; Email: info@tacc.ca; Website: www.tacc.ca; Address: 508 – 100 Park Royal South, West Vancouver, BC V7T 1A2
Documents commonly required
- Proof of TACC term loan approval.
- Business plan or project proposal.
- Financial statements or projections.
- Proof of BC First Nation community business status.
- Invoices or receipts for eligible costs.
What to know before you count on it
- This is a matching grant: you pay the full cost first, then claim your share back, so you need cash flow up front.
- The grant is conditional on TACC approving a term loan for your business.
- The BC First Nation Equity contribution must be cash equity.
- Refinancing, debt consolidation, business planning, and feasibility studies are excluded.
What are your odds?
The grant depends on TACC approving your term loan. If you qualify and follow the rules, it is usually not a competition, but the budget may be limited, so apply early.
Frequently asked questions
Do I need to have the cash ready before I apply?
Yes, you typically pay the full cost first and then claim the grant portion back, so you need the cash flow up front.
Can I use this grant to pay off existing debt?
No, refinancing debt and debt consolidation are explicitly excluded.
Is the grant taxable?
The reimbursed grant portion is generally taxable income; ask your accountant.
Who administers this program?
Tale’awtxw Aboriginal Capital Corporation (TACC) administers the program.
What you can combine it with
Ask TACC whether you can combine this grant with other grants.
Get alerted when this changes
Programs open and close, budgets run out, rules change. We send one short email when something changes that matters for this program.
Page last updated ; status and deadline checked . Source: official program page.