This Financing package is designed to create the most affordable primary term debt for Métis Entrepreneurs in Saskatchewan. SMEDCO has combined traditional financing with non-repayable contributions to create a low-cost borrowing option compared to basic mainstream financing options.
COVID Micro-business Program
Métis micro-businesses such as home-based businesses, sole proprietorships, small family-based businesses, fishermen, harvesters are major contributors to our economy. The COVID-19 pandemic has had severe impacts on the Métis entrepreneurs and families that rely on the income generated from those businesses. Stream One of the SMEDCO Microbusiness COVID Fund provides Métis microbusinesses established prior to March 2020 with access to skilled professionals that can provide expert advice and services to support business recovery.
COVID Community Business Program
Métis community businesses and economic development corporations have faced significant hardships as a result of COVID-19. Up until now, many of these entities have been unable to access COVID-19 business relief programs and supports. Stream One of the SMEDCO Community COVID Fund provides Métis community-owned businesses and Métis community economic development corporations established prior to March 2020 with access to skilled professionals that can provide expert advice and services to support economic recovery.