Can you stack NACCA Aboriginal Business Financing Program (ABFP) and Waubetek Aboriginal Business Financing (North-Eastern Ontario)?
Yes. NACCA Aboriginal Business Financing Program (ABFP) and Waubetek Aboriginal Business Financing (North-Eastern Ontario) can be combined. They fund different things, so the trick is simple: apply to each separately and never claim the same dollar twice. Together they reach up to $500K+ in potential value.
NACCA Aboriginal Business Financing Program (ABFP)
Federal program delivered by Indigenous Financial Institutions for First Nations, Inuit, and Metis entrepreneurs. Non-repayable contribution toward business start-up, expansion, or acquisition.
Waubetek Aboriginal Business Financing (North-Eastern Ontario)
Waubetek Business Development Corporation is an Indigenous-owned financial institution serving First Nation, Inuit, and non-status entrepreneurs in north-eastern Ontario. Its Aboriginal Business Financing Program provides interest-free repayable financing of up to $250,000 to start, expand, or buy a viable business, designed to combine with owner equity and commercial lending. A separate Indigenous women's stream offers up to $20,000. Proof of Aboriginal heritage and a location in the service area are required.
How to stack them
- 01Confirm you meet each program's eligibility on its own. NACCA Aboriginal Business Financing Program (ABFP) and Waubetek Aboriginal Business Financing (North-Eastern Ontario) are assessed separately.
- 02Apply to each program through its own application. There is no combined form.
- 03Allocate distinct costs to each program. You cannot claim the same dollar of expense under both, but you can fund different parts of the same project.
- 04Track both deadlines and keep the paperwork separated, so each claim stands on its own.
Stacking rules vary by program and change over time. Confirm the current rules with each program, or take the quiz and we will flag the combinations you qualify for.