Canadian Council for Indigenous Business launches Young Indigenous Business Grant
June 25 2024 - 9:00AM
Canadian Council for Indigenous Business (CCIB) launches its first
grant dedicated to young Indigenous entrepreneurs, the Young
Indigenous Business Grant.
The grant, presented by
Loblaw Companies Limited with contributions from CIBC and Apex
Distribution, is open to Indigenous entrepreneurs under the age of
35 operating their businesses in Canada. Twenty-two successful
applicants will receive $2,500 each as well as a one-year CCIB
membership to help expand their businesses.
“Supporting and
encouraging Indigenous youth to pursue entrepreneurial ventures
will benefit the entire economy. Entrepreneurs bring innovation,
opportunities, and create jobs. They are the key drivers for a
prosperous future, sustainable growth, and a path to
self-determination,” said CCIB president and CEO, Tabatha Bull. “We
are thankful for the support from Loblaw Companies Limited, CIBC,
and Apex Distribution for their contribution towards empowering
Indigenous youth.”
The 2021 Census has shown
that not only is the Indigenous population the fastest growing, but
also the youngest in Canada, with over 40 per cent under the age of
25.
"We’re proud to support
Canadian Council for Indigenous Business in this inaugural year of
the Young Indigenous Business Grant, supporting the next generation
of young Indigenous entrepreneurs as they embark on their business
journeys. We applaud the ongoing work of the Council to advance
social equity for Indigenous Peoples through economic empowerment
and participation," said Alain Brandon, VP of Sustainability,
Social Impact & Government Relations
Applications are now open
and can be submitted until July 25, 2024. For more information
visit www.ccab.com/yibg.
The Young Indigenous
Business Grant is administered through CCIB’s Tools for Indigenous
Business (TIB) program.
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About the Canadian
Council for Indigenous Business
CCIB is committed to the
full participation of Indigenous peoples in Canada’s economy. As a
national, non-partisan association, its mission is to promote,
strengthen and enhance a prosperous Indigenous economy through the
fostering of business relationships, opportunities, and awareness.
CCIB offers knowledge, resources, and programs to its members to
cultivate economic opportunities for Indigenous peoples and
businesses across Canada. For more information visit
www.ccib.ca.
Shannon Sutherland, Vice President, Marketing, Communications and Events
Canadian Council for Indigenous Business
(403) 462-9363
ssutherland@ccab.com