Updated August 2026 · Verified against Louis Riel Capital Corporation guidelines
✓ First-Timer Friendly Mixed (Advance + Reimb.)
Loan Private Active

Louis Riel Capital Corporation (LRCC) — Métis Business Grant & Loan Program

Louis Riel Capital Corporation
Loan Range
Non-repayable grant up to $99,999 per applicant; loan up to...
No application deadline is published
Visit Official Program →
Difficulty
Moderate
Payment
Mixed (Advance + Reimb.)
Trend
Stable
First-Timers
Friendly ✓
Financing share
90%
Louis Riel Capital Corporation (LRCC) — Métis Business Grant & Loan Program provides up to Non-repayable grant up to $99,999 per applicant; loan up to $250,000 per applicant; LRCC can co-lend with another Red River Métis financial institution for loans up to $1,000,000. Louis Riel Capital Corporation (LRCC) provides a Business Grant & Loan Program to finance the start-up, acquisition or expansion of Red River Métis-owned small businesses in Manitoba. The program covers up to 90% of eligible costs. No application deadline is published.
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Eligibility & Details

What this program funds and who can apply

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Program Description

Louis Riel Capital Corporation (LRCC) provides a Business Grant & Loan Program to finance the start-up, acquisition or expansion of Red River Métis-owned small businesses in Manitoba. The program packages a non-repayable grant with a commercial loan and requires at least 51% Red River Métis ownership.

Eligibility Requirements

  • At least 51% Red River Métis owned and controlled
  • Valid MMF Red River Métis Citizenship Card(s) required
  • Red River Métis owner(s) must reside in Manitoba
  • Business must be registered in Manitoba
  • At least one principal Red River Métis owner actively involved day-to-day
  • Owners must make a cash investment of no less than 10% of total project costs
  • Viable small business in Manitoba
  • Start-up projects generally above $40,000 unless referred to Small Business or Métis Women Entrepreneurship programs
Provinces
Manitoba
Industries
All
Business Stage
Startup Growth Established

Quick Assessment

Difficulty
Moderate
Competition
Moderate
First-Timer
Friendly

Funding Details

Amount
Non-repayable grant up to $99,999 per applicant; loan up to $250,000 per applicant; LRCC can co-lend with another Red River Métis financial institution for loans up to $1,000,000.
Type
Loan
Level
Private
Financing share
Up to 90% of eligible costs
Deadline
No application deadline is published

Program Scorecard

Competition, effort, and approval at a glance

Competition
Moderate
Deadline
Ongoing
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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How to qualify

Insider tips, common pitfalls, and what successful applicants look like

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Insider Tip

The grant is not a stand-alone product.

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Rejection Pitfalls 7

  • Less than 51% Red River Métis ownership and control, or no valid MMF Citizenship Card
+6 more pitfalls
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Success Profile

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Evaluation Criteria

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What's in this Playbook

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Application Playbook

Step-by-step process, required documents, and expenses

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Application Steps

1 Confirm the citizenship and location tests The business must be at least 51% Red River Métis owned and controlled, the Métis owner or owners must hold valid MMF Red River Métis Citizenship Cards and reside in Manitoba, and the business must be registered in Manitoba.

Required Documents 2

✓ Valid MMF Red River Métis Citizenship Card for each Métis owner
✓ Business plan, which LRCC will help develop

Eligible Expenses 3

Ineligible Expenses 3

Deadline Notes

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Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

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Compatible Programs

Another Red River Métis financial institution (co-lending) LRCC Small Business Grant & Loan Program LRCC Métis Women Entrepreneurship Program
Combined Funding Potential See your total funding potential

Clawback Risk

Medium Risk

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How LRCC Compares

Side-by-side with similar programs

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Program Amount Difficulty Payment Deadline
Louis Riel Capital Corporation (LRCC)... up to $99,999 Moderate Mixed (Advance + Reimb.) No application deadline...
PrairiesCan (Prairies Economic Develo... Varies Hard Reimbursement Ongoing
Innovation Growth Program Up to $100,000 Moderate Reimbursement Quarterly intakes...
West End BIZ Business Development Grant Up to 50% of costs, to a max of $1,000 Easy Reimbursement Ongoing
PrairiesCan - Entrepreneurs with Disa... Varies (Business Loans) Moderate Loan Ongoing

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Frequently Asked Questions

Quick answers to the questions founders most often ask about LRCC

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Who can borrow from LRCC?
Businesses that are at least 51% Red River Métis owned and controlled, registered in Manitoba, with Métis owners who hold valid MMF Red River Métis Citizenship Cards and reside in Manitoba. LRCC was created to finance the start-up, acquisition and expansion of viable Métis owned and controlled small businesses based in Manitoba.
How much can I get?
Up to $99,999 as a non-repayable grant and up to $250,000 as a loan. LRCC can also co-lend with another Red River Métis financial institution for loans up to $1,000,000.
Can I apply for just the grant?
No. The grant and the loan are packaged together, and the grant is not offered as a stand-alone program.
How much do I have to put in myself?
Owners must be able to make a cash investment of no less than 10% of total project costs.
Is there a minimum project size?
Start-up projects generally need to be above $40,000. Smaller projects are directed to LRCC's Small Business program, or to the Métis Women Entrepreneurship program where it applies.
How long does a decision take?
About 6 to 8 weeks once the application is complete.

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