What are the eligibility criteria for financial assistance from ABC?
• Before a decision is made concerning ABC funding, each proposal is assessed on its viability and merits, and takes into account the need, the scope of the project, and other possible sources of financing, including funds received from other government departments and agencies. Basic eligibility criteria include: • Aboriginal ancestry An applicant must be: a Canadian Aboriginal individual (Status or Non-Status Indian or of Métis or Inuit heritage) or a Canadian corporation, partnership, association or other legal entity that is majority-owned or -controlled by Canadian Aboriginal people. • Equity ABC requires a balanced financial package, involving debt financing from other sources, as well as a minimum level of your own cash equity to invest in the project. When possible, ABC expects and encourages a higher level of financial participation than the minimum requirement to come from the applicant. • Experience ABC will assess your training, skills and experience, and the track record o
