Casino Rama Fund
 Casino Rama funds are available to members of Fort William First Nation provided they meet the eligibility requirements listed below

 
Fort William First Nation Casino Rama Funds Business Grant Program Description

The Fort William First Nation Business Grant program has been created to expand the business development for the Fort William First Nation membership. Grants are awarded to successful applicants for the purpose of the start-up, expansion or acquisition of a commercially viable business.

Grant Awarded

Grants awarded are 10% of the total project capital requirements to a maximum of 75% for start-up and 25% for expansion or acquisition

Eligibility

  • Member of the Fort William First Nation
  • Start-up, expansion or acquisition of a commercial business
  • Sole proprietorship or majority owner of partnership
  • Actively involved in running the business
  • Development of a business plan that demonstrates commercial viability
  • Minimum of 10% applicant equity contribution of cash or assets integral to the business (excludes vehicles unless prime business use)
  • May be required to take additional training in management, financing or other areas that address the needs of the business
  • Successful applicants can reapply after 5 years

 

 
Evaluation
  • Business plans are assessed by a qualified professional based on their commercial viability, merit and the overall financial package assembled and a recommendation is made to the Casino Rama Allocation and Distribution Committee.
     
  • The Casino Rama Allocation and Distribution Committee review applications and make recommendations to FWFN Council for approval. The grant awards are based on funds available, eligibility and recommendations of the business plan assessment.

How to apply:

Application packages can be picked up at:

 Casino Rama Fund
 Fort William First Nation
 90 Anemki Drive Suite 100
Thunder Bay Ontario P7J 1L3
 

Or: you can download the Casino Rama Funding Application (.pdf), you will need Adobe Acrobat Reader to download and view this form.
 

Fort William First Nation Casino Rama Funds Business Grant Program

Business Plans should include but not be limited to the following information:

  • Cover Page
     
  • Statement of Purpose/Vision Statement
     
  • Table Of Contents
     
  • Business Information/History
    • Description of business
    • Location(s)
    • Goods And Services
    • Major Suppliers
    • Customers
    • Operating Procedures
    • Personnel
    • Organizational Structure
    • Background Of Business
       
  • Management
    • Information about the entrepreneur/partner(s) and/or other managers
       
  • Marketing Assessment
    • Market Analysis
      • Description of product or profile of service
      • Market research
      • Market description and analysis
    • Competitive Analysis
      • Industry Overview
      • Competitors
      • Threats and risk
    • Strategy
      • Competitive capability
      • Competitive weakness
      • Strategy
  • Production Assessment
    • Production process
    • Technology employed
    • Quality requirements
    • Location and physical plant
    • Machinery and equipment
       
  • Financial Assessment
    • Capital structure
    • Money needed to finance
    • Projected balance sheet
    • Profit and loss projections
    • Cash flow projections
    • Loan collateral and repayment proposal
       
  • Environment
    • Environmental review
       
  • Expansion/Growth
    • Plans
    • Risks anticipated
    • New products or ventures
       
  • Basic Data
    • Entrepreneur’s Bankers
    • Lawyer
    • Partner(s)
    • Corporation/Shareholder’s
       
  • Appendices
    • Product literature
    • Evaluation of assets
    • Major contracts


Ontario Lottery & Gaming Corporation


 
 
Casino Rama Fund
90 Anemki Drive Suite 100
Thunder Bay Ontario P7J 1L3
Phone 1 807 622-8802
Fax 807 622-8312