NACCA, the National Aboriginal Capital Corporations Association, is a network of over 50 Indigenous Financial Institutions (IFIs) dedicated to stimulating economic growth for all Indigenous people in Canada. NACCA’s goal is to provide opportunities for Indigenous entrepreneurs and increase prosperity for Indigenous people in Canada.
The Aboriginal Entrepreneurship Program (AEP) encompasses four key initiatives: The Aboriginal Business Financing Program (ABFP), the Aboriginal Capacity Development Program (ACDP), the Aboriginal Developmental Lending Assistance (ADLA) Program, and the Interest Rate Buy-Down (IRB) Program. These initiatives aim to facilitate Indigenous business development by providing financial support, optimizing lending efficiency, enhancing sustainability, and addressing capital challenges through equity, educational
support, compensation for loan losses, and interest rate subsidies for IFIs.