Tribal Resources Investment Corporation (TRICORP) — Business Development Loans
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Eligibility & Details
What this program funds and who can apply
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
Quick Assessment
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
Everything you need to secure TRICORP
Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.
- 10 rejection pitfalls reviewers flag — so you catch them first
- 9-document checklist with what each reviewer is actually checking
- 7-step application timeline with prep hours per step
- Insider tip from program officers on what separates winners
- 4-program stacking strategy to combine with compatible funding
- Success profile + evaluation criteria — exactly what lenders look for
How to qualify
Insider tips, common pitfalls, and what successful applicants look like
Insider TipTwo things decide whether this is worth your week.
Rejection Pitfalls 10
- Not of Indigenous, Inuit or Métis ancestry, or the business is not at least 51% owned and controlled by First Nations
Success Profile
Evaluation Criteria
Application Playbook
Step-by-step process, required documents, and expenses
Application Steps
Required Documents 9
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
Compatible Programs
Clawback Risk
Medium RiskHow TRICORP Compares
Side-by-side with similar programs
| Program | Amount | Difficulty | Payment | Deadline |
|---|---|---|---|---|
| Tribal Resources Investment Corporati... | up to $116,725 | Moderate | Mixed (Advance + Reimb.) | No application deadline... |
| First Citizens Fund — BC Indigenous B... | Up to $115,000 | Moderate | Mixed (Advance + Reimb.) | Ongoing — rolling intake... |
| Ocean Supercluster | Up to $5 million | Hard | Reimbursement | Call-specific — no open... |
| Digital Technology Supercluster | Up to $5 million | Hard | Reimbursement | Open — Call for... |
| 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