Updated August 2026 · Verified against Tribal Resources Investment Corporation guidelines
✓ First-Timer Friendly Mixed (Advance + Reimb.)
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Tribal Resources Investment Corporation (TRICORP) — Business Development Loans

Tribal Resources Investment Corporation
Loan Range
First Citizens' Fund: up to $116,725 lifetime (individual) /...
No application deadline is published
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Difficulty
Moderate
Payment
Mixed (Advance + Reimb.)
Trend
Stable
First-Timers
Friendly ✓
Financing share
85%
Tribal Resources Investment Corporation (TRICORP) — Business Development Loans provides up to First Citizens' Fund: up to $116,725 lifetime (individual) / $350,175 lifetime (community), 40% forgivable; TRICORP Loan Fund: up to $100,000; NRT Equity Matching: up to $7,500 (individual) / $30,000 (community project), non-repayable; ABEP: up to $99,999 (individuals and incorporated businesses) / $250,000 (community-owned businesses), non-repayable. Tribal Resources Investment Corporation (TRICORP) provides business development loans and non-repayable contributions to Aboriginal-descent clients in British Columbia. The program covers up to 85% of eligible costs. No application deadline is published.
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Eligibility & Details

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Program Description

Tribal Resources Investment Corporation (TRICORP) provides business development loans and non-repayable contributions to Aboriginal-descent clients in British Columbia. Products include the First Citizens' Fund, TRICORP Loan Fund, NRT Equity Matching, and the Aboriginal Business Equity Program.

Eligibility Requirements

  • Business must be Indigenous-owned (at least 51% First Nations-owned for most products; NRT Equity Matching open to all BC First Nations, status and non-status)
  • Aboriginal-descent individuals, groups, partnerships, organizations, communities, co-operatives and corporations
  • New and existing businesses eligible
  • Projects on reserve require written support of the Band Development Corporation
  • Projects involving Band land or resources require Band Council support via BCR
  • NRT Equity Matching available to all BC First Nations (status and non-status) conditional on ACC term-loan approval
  • ABEP for Indigenous clients with viable business plan and other financing in place
Provinces
British Columbia
Industries
All
Business Stage
Startup Growth Established

Quick Assessment

Difficulty
Moderate
Competition
Moderate
First-Timer
Friendly

Funding Details

Amount
First Citizens' Fund: up to $116,725 lifetime (individual) / $350,175 lifetime (community), 40% forgivable; TRICORP Loan Fund: up to $100,000; NRT Equity Matching: up to $7,500 (individual) / $30,000 (community project), non-repayable; ABEP: up to $99,999 (individuals and incorporated businesses) / $250,000 (community-owned businesses), non-repayable
Type
Loan
Level
Private
Financing share
Up to 85% 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

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Insider Tip

Two things decide whether this is worth your week.

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Rejection Pitfalls 10

  • Not of Indigenous, Inuit or Métis ancestry, or the business is not at least 51% owned and controlled by First Nations
+9 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 Check you are inside the service area TRICORP's service area extends east to west from Haida Gwaii to Burns Lake, and south to north from Hartley Bay to the Yukon border. This is northwest British Columbia, not the whole province.

Required Documents 9

✓ Business Loan Application, submitted online or downloaded as a PDF
✓ Business plan. TRICORP publishes a template but states that a filled-in copy of the template will not be accepted as a business plan, and that it cannot help you write one because it also makes the funding decision

Eligible Expenses 6

Ineligible Expenses 1

Deadline Notes

Ineligible Organizations

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Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

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Compatible Programs

First Citizens' Fund (via TRICORP) TRICORP Loan Fund NRT Equity Matching Program Indigenous Business Equity Program (ABEP)
Combined Funding Potential See your total funding potential

Clawback Risk

Medium Risk

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How TRICORP Compares

Side-by-side with similar programs

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Program Amount Difficulty Payment Deadline
Tribal Resources Investment Corporati... up to $116,725 Moderate Mixed (Advance + Reimb.) No application deadline...
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B.C. Employer Training Grant Up to $10,000 per employee Easy Reimbursement Ongoing

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Frequently Asked Questions

Quick answers to the questions founders most often ask about TRICORP

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Where does TRICORP lend?
Its service area extends east to west from Haida Gwaii to Burns Lake, and south to north from Hartley Bay to the Yukon border. It is a northwest British Columbia lender, not a province wide one.
How much can I borrow?
The First Citizens' Fund has a maximum lifetime loan of $116,725 principal for individuals ($115,000 after the 1.5% borrower's fee) and $350,175 for communities. The TRICORP Loan Fund lends up to $100,000 with a 2% borrower's fee and a fixed 8% interest rate. The page also warns that the First Citizens' Fund amount cannot be accessed all at once and is to be utilised three times for three different projects, so ask the Business Development Officer what a single project can draw.
What is the forgivable portion?
Under the First Citizens' Fund, provided you make all of your repayments, you repay 60% of what you borrow and 40% is forgiven.
How much of my own money do I need?
A minimum 15% equity contribution, of which 10% of the total project cost must be cash. Confirmation of complete project financing and collateral is required on every loan.
Can I get help writing the business plan?
No. TRICORP says that because it decides whether to fund the business, helping with the plan would put it in conflict. It publishes a business plan template that outlines what it needs to see, and states that a filled-in copy of the template will not be accepted as a business plan.
What can the money not be used for?
TRICORP lists as ineligible any business activity involving alcohol, tobacco, gambling, pornography or cash stores, passive investments including real estate, and any activity where the applicant is not fully involved.
Is there non-repayable money?
Yes, two sources. The NRT Equity Matching Program contributes up to $7,500 per individual and $30,000 per community project, matching your equity, but only if a term loan is approved, and the page notes a further eligibility requirement that is discussed on contact. The Indigenous Business Equity Program contributes up to $99,999 for individuals and incorporated businesses, and up to $250,000 for community owned businesses, based on a viable business plan and subject to other financing being in place.

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