Who is Eligible for an EEG Loan
To be eligible for a loan from the EEG's Investement Fund the following requirements must be met:
- The promoter must be Cree & Beneficiary under James Bay Northern Quebec Agreement
- The project must be realized in the Cree Territory
- The project is supported by a Band Council Resolution or by an Agreement in principle with the Local Band
- The promoter must provide a Guarantee on the Loan
- The promoter must submit a full business plan in english only (the business plan should not exceed six months from
the date of its submission)
- Environmental Assessment Approval (if required)
- Partnership loan or Joint Venture Agreement (if required)
To be eligible for the EEG loan from the EEG's Youth Strategy Program the following requirements must be met:
- The promoter must be between the ages of 18-35
- The promoter must be Cree & Beneficiary under James Bay Northern Quebec Agreement
- The project must be realized in the Cree Territory
- The project is supported by a Band Council Resolution or by an Agreement in principle with the Local Band
- The promoter must provide a Guarantee on the Loan
- The promoter must submit a full business plan
- Environmental Assessment Approval (if required)
- Partnership loan or Joint Venture Agreement (if required)
- EEg's General Investment Fund is available to Cree promoters. Non-Cree promoters may be eligible to apply for funding through EEG's funding partners
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