NISHNAWBE ASKI NATION DECADE FOR YOUTH 2000 - 2010

The Youth Business Loan Fund (YBL) is a financial institution established to provide direct business loans to Aboriginal youth of the Nishnawbe-Aski Nation, Treaty #3 and Robinson-Superior/Treaty 1850 areas. The Fund is a self-governing institution that makes decisions independently. NADF-YBL Account Managers and self-assessment guides are available to support young entrepreneurs every step of the way.

Eligibility

• First Nation owned and /or operated enterprises
• Businesses significantly employing Aboriginals
• Businesses that will preserve existing Aboriginal employment
• Projects must be viable
• The owner must be an Aboriginal youth: 35 or under

NADF Youth Business Loans

• The maximum loan is $15,000 - interest rate @ 8.5%

NACCA/First Nation Youth Loans

• Maximum loan is $3000
• Equity loans and business support

Any Aboriginal youth who is 35 years old or under is eligible, as are businesses, corporations and partnerships where at least 51% is owned and controlled by an Aboriginal youth.

An application form is available through the link below.  Please use the "back" button in the tool bar to return to this site.

http://www.nadf.org/youthsoi.pdf

For more information contact:

Colleen Martin, cmartin@nadf.org , or
Maxine Cayene mcayenne@nadf.org, or
Charlton Thompson cthompson@nadf.org

Thunder Bay: (807) 623-5397
toll free 1-800-465-6821
fax (807) 622-8271

Shirley Paul Martin spaulmartin@nadf.org

Timmins:  (705) 268-3940
toll free 1-800-461-9858
fax (705) 268-4034