From: https://www.alberta.ca/creating-indigenous-opportunities.aspx
A growing number of Indigenous communities see sustainable resource development as a path to community prosperity. Accessing the capital to invest in major projects has been a barrier. The Alberta Indigenous Opportunity Corporation changes that. We are creating positive outcomes for both Indigenous Peoples in Canada and Alberta’s natural resources sectors.
With up to $1 billion in loan guarantees, we help to reduce the cost of capital for Indigenous groups and make it easier to raise capital to invest in natural resource projects.
We also have limited capacity supports available to help you connect with investment experts to assess large-scale investments. From legal advice to financial due diligence, support is available.
Projects can be in Alberta, other provinces or territories, so long as they benefit Alberta’s natural resource sector.
Indigenous groups outside of Alberta can also qualify for AIOC support. They need to partner with at least one Alberta Indigenous community that has at least 25 percent of the total Indigenous ownership of the project.
