Economic Development
Healthy First Nation communities require sustainable economic opportunities in order to prosper and achieve their goals.
First Nations Equity Fund
NRT is committed to helping communities take advantage of economic development opportunities. To this end, we have spearheaded the BC First Nations Equity Fund in partnership with All Nations Trust Company (ANTCO) and Nuu-chah-nulth Economic Development Corporation (NEDC), and we are looking for additional partners to help us grow the fund.
NRT, ANTCO and NEDC have each committed $1.67 million in seed capital to the fund, and our goal is to attract additional capital to grow the fund to $50 million.
For funding information,
click here.
Entrepreneurs Equity Matching Initiative
New in 2010, the new Entrepreneurs Equity Matching Initiative (EEMI) assists First Nation entrepreneurs in BC to obtain financing for their businesses. NRT partners with six Aboriginal Capital Corporations (ACCs) to provide matching funding to emerging First Nation businesses. Funds are administered by the partner ACCs. For funding information,
click here.
Economic Development Working Group
NRT participates in the BC First Nations Economic Development Working Group, a provincial working group tasked with overseeing the Action Plan for the BC First Nation Economic Development Strategy. As part of its role with the Working Group, NRT supports partnerships that increase the capacity of First Nations in BC with respect to Economic Development.