Frequently Asked Questions:
Once a Project is Approved

1. What is a Letter of Offer?

The Letter of Offer (LOO) confirms that Aboriginal Business Canada (ABC) has approved funding for your business venture. It is a legal contract that outlines the conditions of ABC’s commitment to you and to your business activity.

2. What will the Letter of Offer cover?

A Letter of Offer contains seven sections: a description of the activity, the budgeted costs and financing, the value of Aboriginal Business Canada’s contribution, information on how to receive a payment, the important dates to note and your obligations, other important terms of the agreement, and the general conditions. See Understanding your Letter of Offer for more information.

3. What do I do if there is an error in my Letter of Offer?

If you discover in error in your Letter of Offer, do not sign the document. Contact your development officer to arrange the necessary changes, then return the original copy to ABC. We will reissue the document.

4. What is involved in submitting a claim for payment?

To submit a claim for payment you will need to fill out certain forms. These forms are included with your Letter of Offer. See You and Your Claim for Payment to view this information online.

5. Can I submit a claim for payment online?

ABC is working to make this possible in the near future.