The Small Business development portion of Piikani Economic Development is responsible for promoting and supporting small businesses for Piikani Nation members.
Piikani Economic Development provides the following supports:
Piikani Economic Development provides the following supports:
- Entrepreneur Training
- Support for existing business, including workshops, a resource centre, and other capacity-building activities
- Referrals for funding and other resources to external agencies, including the Alberta Indian Investment Corporation (AIIC),Community Futures Treaty Seven, and the Indian Business Corporation (IBC)
- Piikani Resource Development Ltd. provides small business grants to Piikani Nation members who wish to start up a business or expand their current business.
Piikani Nation Grant Equity Program:
Eligible Criteria:
Piikani Nation Member or Qualified Business;
Piikani Nation Member and/or sole proprietorship, has an identifiable structure;
Purpose demonstrated that the Grant Qualified Business or the expansion of an existing qualified Business;
Is engaged for-profit activities.
For greater certainty, the Grants are not available to charities on non-profit organizations including without limitations, which provide services in areas of religion, educational, social, political, sporting or athletic activities;
The Grant to leaver additional financing from other conventional financing sources or to purchase capitol assets;
To receive a Grant more than $5000.00, a business plan that clearly defines goals and objectives, and identifies achievement of goals and objectives;
For a Grant to expand a Business that has been funded through a prior grant, the total amount of the Grant will not exceed 50% of the total cost of capital assets required for expansion;
For a Grant to expand a business that has been funded through a prior Grant, as system in place to monitor and evaluate results to determine if there's compliance with the goals and objectives identified in the business plan;
Has an operating budget and/or financial plan that clearly defines revenues and expenses and, where necessary, provides for a capitol budget;
Can demonstrate financial sustainability;
Other sources of financial support from potential investors, financial institutions and from governments other than Piikani Nation.
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Piikani Resource Development Ltd. partners and resources.
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