LRCC Business Loan
LRCC's financial services are extended and delivered on the basis of prudent and sound business principles and practices so as to protect the integrity of its capital base and to ensure the continued delivery of its services. Business grants and loans are not designed to assist everyone.
- Louis Riel Capital Corporation
Overview of the LRCC Business Loan program:
The Louis Riel Capital Corporation (LRCC) Business Grant and Loan Program is designed to support Métis entrepreneurs in Manitoba by providing financial assistance through grants and loans. This program aims to foster the growth and development of Métis-owned businesses across various sectors, helping them overcome financial barriers and achieve long-term success.
Benefits of the LRCC Business Loan program:
- Participants in the LRCC Business Grant and Loan Program can benefit from a combination of grants and loans that are tailored to meet the needs of Metis entrepreneurs. This financial support can be used for various business purposes, including startup costs, expansion, equipment purchases, and working capital. By receiving this assistance, businesses can enhance their operations, increase their competitiveness, and create more job opportunities within the Metis community.
Eligibility criteria of the LRCC Business Loan program:
- To be eligible for the LRCC Business Grant and Loan Program, applicants must meet the following criteria:
- Metis Heritage: The applicant must be of Metis descent.
- Business Location: The business must be located in Manitoba.
- Ownership: The business must be majority-owned (51% or more) by Metis individuals.
- Business Stage: The program supports both startup businesses and existing businesses looking to expand.
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