Young Indigenous entrepreneurs now have an opportunity to apply for funding to help grow their businesses.
The Canadian Council for Indigenous Business (CCIB) has launched its Young Indigenous Business Grant for the 2025 year.
Under the initiative, 18 applicants will be selected to receive a $2,500 grant and a one-year membership to the CCIB to help expand their businesses.
The grants are sponsored by Loblaw Companies Ltd. with a contribution from Apex Distribution.
“Young Indigenous entrepreneurs are not only building businesses, but they are also shaping the future as leaders in business,” Philip Ducharme, CCIB’s vice-president of entrepreneurship and procurement, said in a news release.
“It’s important for Indigenous youth to seek out opportunities and pursue entrepreneurial ventures that reflect their passions.
“We are deeply grateful to Loblaw Companies Limited for their continued support in empowering the next generation of Indigenous changemakers.”
To be eligible, entrepreneurs must be under the age of 35 operating a business in Canada. Applicants will need to demonstrate proof of ownership and proof of Indigenous ancestry.
The application process is now open and applications will be accepted until Sept. 29, 2025.
Recipients will be announced during a live draw in mid-October.
“Canadian Council for Indigenous Business is doing important work to advance social equity for Indigenous Peoples,” Alain Brandon, Loblaw’s vice-president of sustainability, social impact and government relations, said in the release.
“We are proud to support the Young Indigenous Business Grant again this year as it fosters the next generation of Indigenous entrepreneurs as they start their business journey.”