YOUR FINANCIAL PARTNER OF CHOICE…. OUR PARTNERS. . FNVCQ is the only VENTURE CAPITAL FIRM controlled by First Nations of Quebec. FNVCQ was established in 2001 through the partnership of five major financial institutions in Quebec. MISSION.
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FNVCQ is the only VENTURE CAPITAL FIRM controlled by First Nations of Quebec. FNVCQ was established in 2001 through the partnership of five major financial institutions in Quebec.
First Nations Venture Capital of Quebec, limited partnership, invests directly in private and community-operated Aboriginal businesses to allow the establishment and implementation of business projects likely to create jobs and economic spinoffs for all First Nations of Quebec.
Venture capital is a source of funding complementary to other forms of financing such as capital outlay, term loans, etc.
Example: an entrepreneur wants to start a new business. He needs $100 000 to cover all costs.
He has $10 000 to invest in the form of capital outlay and the bank is willing to lend him $50 000 guaranteed by the equipment to be acquired. The entrepreneur is short $40 000. He calls FVNVCQ.
Venture capital serves to supplement funding for all business projects demonstrating potential profitability. Because our interventions are rarely guaranteed, our capital is considered more at risk than secured funds advanced by a bank.
Since the investment is made in the form of equity and quasi-equity, both the financial structure and financial ratios of the business are improved, providing promoters with greater leverage and the financial capability required to achieve their business objectives.
Hôtel-Musée Premières Nations
Bordered by thematic gardens and pedestrian trails along the Akiawenrahk River, the Hôtel-Musée Premières Nations offers guests an exceptional opportunity to experience authentic First Nations culture, knowledge and the art of living. Konrad Sioui, Chief of the Huron-Wendat Nation: "Our partnership with FNVCQ has contributed significantly to the achievement of this major tourism development project within the territory of Wendake.”
Niowentsïo Territory’s Industries enr.
Niowentsïo Territory’s Industries enr. offers high-end standardized litter intended for farm producers. The product is made from logs non-recoverable for use by the wood processing industry, a sector privileged by First Nations of Quebec. Mathieu Sioui, Co-owner of the Niowentsïo Territory’s Industries: “Through its financial support, FNVCQ demonstrated its willingness to support innovative ideas and did not hesitate to show confidence in young entrepreneurs."
Scierie Opitciwan Limited Partnership
In an exceedingly difficult economic context, the FNVCQ has allowed our company to pursue its development by financing our major technological advancement project.Marc Awashish, President of the Scierie Opitciwan: "This investment served to consolidate sawmill operations, allowing us to maintain some 120 jobs."
2936, rue de la Faune, Bureau 200
Wendake (Québec) G0A 4V0
HaskanSioui M.Sc. Fin., CGA