Applying to ABC:
How ABC will Assess Your Application

Applying to ABC:
How ABC will Assess Your Application

Your Business Plan

If you are considered eligible for Aboriginal Business Canada (ABC) support, your development officer will request a complete business and/or marketing plan.

Once your business plan is complete, you must submit a copy to your development officer.

ABC can provide information resources and financial support for developing a business plan.

The time needed to assess your business plan depends on the nature and complexity of your project, and the completeness of the information provided.

Your response time to the development officer's requests for further information can significantly speed up or slow down this process.

When you have provided all required information, your development officer will contact you with one of two possible responses:

Project Approved: The development officer is satisfied that there is a viable business opportunity that warrants a recommendation for ABC investment.

If your project is approved, ABC must prepare a contract (subsequently referred to as the Letter of Offer) between you and ABC. You should receive an original copy of the Letter of Offer after your development officer has notified you of the contribution approval.

Project Declined: The development officer and ABC management have reviewed the proposal and determined that there is not a viable business opportunity warranting approval of an ABC contribution at this time.

If your project is declined, you will receive notification by telephone, as well as by mail, outlining the reasons for the decision.

Before You Apply | Applying to ABC | Once a Project is Approved | Once a Project is Completed