If you are Métis and have a business idea, you might be closer to funding than you think. The Métis Financial Corporation of BC (MFC) offers practical support to help Métis citizens in British Columbia start, grow, or expand their businesses. Regardless of where you are located in BC, we are here to support your goals.
Still, one of the most common questions we hear is simple. Do I qualify?
This blog will help you answer that question. We will walk through the key requirements for applying to MFC and clear up some common misunderstandings about who can access business funding, planning help, and other support.
Who MFC Is For
MFC supports Métis entrepreneurs across British Columbia. This includes people who are:
- Just getting started
- Working part-time on a side business
- Looking to grow or formalize an existing venture
- Self-employed or transitioning out of traditional work
We provide business loans for Métis citizens and offer guidance, planning support, and access to resources that can turn an idea into a working business.
We also serve a wide range of industries, including:
- Construction and trades
- Retail and e-commerce
- Wellness services
- Professional consulting
- Food and hospitality
- Art, design, and cultural crafts
If you are wondering how to start a Métis business or where to get Métis startup funding, MFC is a trusted place to begin.
Basic Eligibility Criteria
Here are the core requirements for accessing MFC business support:
1. Métis Citizenship
You must have a valid Métis identification.
2. Residency in British Columbia
You must currently live in BC. We are focused on strengthening local Métis businesses, especially in rural and underserved areas.
3. Business Involvement
You must be directly involved in the business. That means you are either the owner or a key operator. We want to support people who are active in building and growing their ventures.
4. Business Viability
To qualify for a business loan in British Columbia through MFC, you need to show that the business is viable and sustainable.
For the complete list of eligibility, please visit https://mfcbc.ca/eligibility-criteria/
What If You Are Not Sure
You do not need everything in place before reaching out. Even if you are unsure about one or two requirements, it is still worth starting a conversation. Our job is to help you figure out what support is available and how to get ready to apply.
Common Misunderstandings
We often hear questions that come from a place of uncertainty. Here are a few we hear often, along with the real answers.
I work part-time. Can I still apply?
Yes. Many successful Métis entrepreneurs started their business while working other jobs.
My credit is not perfect. Will that disqualify me?
Not necessarily. We look at the full picture, including your plan and commitment. We do not expect perfect credit.
My business is still just an idea. Can I reach out?
Yes. We are here to help you develop that idea into something real.
I am self-employed. Will that count?
Yes. Self-employment is a valid and common business model, especially in smaller communities.
What MFC Offers
Once you meet the basic eligibility criteria, you can access a range of programs and tools that are built to support Métis citizens.
Business Loans for Métis
We offer business loans for Métis that are fair, accessible, and designed around real needs. Whether you are just launching or scaling up, we will work with you to match funding to your goals.
Business Plan Support
We offer business plan support for active applications. Once an application is ready for this step, the MFC will put you in contact with the business plan consultant. This helps you get funding and build confidence in your direction.
Referral to Other Programs
We keep track of BC Métis business grants and Indigenous economic development programs. If another opportunity fits your business, we will keep you informed.
First-Time Home Buyer Program
While this blog focuses on business support, it is worth mentioning that MFC also offers a First-time Home Buyer Program for Métis citizens. This program helps with down payment assistance and guidance through the home buying process. If home ownership is part of your broader plan, we encourage you to ask about this program as well.
What To Do Next
If you are still wondering whether you are eligible, the best next step is to reach out. A short phone call or email could help you get clarity and take the first steps toward launching or growing your business.
Here is what we recommend:
- Visit mfcbc.ca to explore programs
- Use the contact form to send us a question
- Let us know where you are located and what you are working on
- We will help you determine if you qualify and what to do next
You do not need to have all the answers. You just need to be willing to take the first step.
Have questions or want to check your eligibility
Visit mfcbc.ca/contact and let us help you move forward.