Listen Live

Two Lakeland Indigenous businesses granted funding

Fourteen Indigenous community-owned businesses across Alberta are getting some help through the Aboriginal Business Investment Fund and two Applicants call the Lakeland home.

The Alberta Business Indigenous Fund will be providing $5 million in grants through ABIF which go towards capital costs like equipment purchases and infrastructure builds.

The first of two Lakeland-approved applicants is Pimee Well Servicing LP in the community of Beaver Lake Cree Nation, Frog Lake First Nation, Heart Lake First Nation, Kehewin Cree Nation, Saddle Lake Cree Nation, and Whitefish (Goodfish) Lake Band #128. The project Rig 14 Pump and Tank Project has been approved for $500,000.

The second Lakeland-approved applicant is Comec Energy Services LP in the community of Cold Lake First Nation which has been granted $250,000.

The Alberta Business Indigenous Fund has supported 75 Indigenous businesses since 2014 and 35 projects since 2020. Rick Wilson, Minister of Indigenous Relations says Alberta’s government is proud to partner with Indigenous community-owned businesses across Alberta on this initiative

“It’s one of the ways our government is working towards economic reconciliation by removing financial barriers and strengthening local economies.”

In a news release, The government of Alberta says supporting Indigenous businesses with funding that will benefit not only their communities, but the rest of the province, is an important part of the pathway to economic reconciliation with Indigenous Peoples in Alberta.
- Advertisement -

Related Articles

- Advertisement -

Latest News

Two arrested after firearm and drug seized in Elk Point

Two people are facing firearm and drug-related charges after Elk Point RCMP stopped a vehicle on the mourning of June 19.

Heat warning issued for the Lakeland region

Environment Canada has issued a heat warning for the Lakeland, with daytime highs expected to reach 29°C and overnight lows near 14°C for the next two days.

Cold Lake is set to go big for Canada Day with a full day of events

Cold Lake is getting ready to celebrate Canada Day with a lineup of family fun, entertainment, and fireworks on July 1.

RCAF CF-18 to flyby Cold Lake on July 1

With the weather pitching in for Canada Day, expect the roar of the Royal Canadian Air Force (RCAF) as two CF-18 Hornets will flyby at various times over Cold Lake, Lloydminster, and Spruce Grove on July 1.

Woman airlifted to Edmonton after two-vehicle collision near Elk Point

A 78-year-old woman was airlifted to Edmonton in critical condition following a two-vehicle collision in the county of St. Paul on June 24. 
- Advertisement -