Historical Milestones
Our Journey of Growth, Innovation, and Impact on our Community
Our Journey of Growth, Innovation, and Impact on our Community
1989
Touch The Sky Business Development Centre opened – serving MCFN and SN
1990
Six Nations Community Development Corporation opened – serving SN members
1995
The two organizations entered into an MOU with the objective of growing capital to meet demand
1996
The organizations formally amalgamated under the name of Two Rivers Community Development Centre
1996
$3.8 million – Initial capital base for lending
1996
Service area expanded to include Indigenous entrepreneurs in the surrounding region – Niagara, Brant, Haldimand, Halton, Norfolk, Waterloo and Hamilton
1996
To support local business began a Shop Local Shop Native Marketing Campaign that includes the following elements:
- Street Banners in the Village of Ohsweken
- Six Nations/New Credit Business Directory
- Spotlight on Business
Introduced the Youth Enterprise Fund – for students starting a summer business
Business Boot Camps for Youth
1998
Reached $10 million in loans disbursed to 298 businesses
2004
Aboriginal Financial Institutions in Canada reach the $1 Billion milestone for loans disbursed
2007
Working with GRETI and the Haudenosaunee Confederacy Chiefs successfully bid on a RFP to restore the ecology of the Red Hill Valley. Recruited experts to work with SN to design and manage the project. Project carried out by: Kayanase under the guidance of the Red Hill Valley Steering Committee.
2008
Reached $ 20 million in loans disbursed to 630 businesses
2015
$2.5M Contribution received from the Ministry of Aboriginal Affairs, over 3 years to support business and community economic development
2015
With the additional funding agreed to expand our service area to include the GTA and north to Simcoe County. Indigenous population of 104,683 – 2016 Census
2018
Reached $30 million in loans disbursed to 821 businesses
2019
$3.5M Contribution received from the Ministry of Aboriginal Affairs, over 3 years to support business and community economic development.
2019
$10M Contribution received from FedDev to capitalize Aboriginal Impact Capital to syndicate loans with our network of 4 Aboriginal Financial Institutions
2019
Working with 3 other AFIs submitted a business plan to NACCA to deliver the Aboriginal Business Financing Program (ABFP) in Central and Southern Ontario
2019
Aboriginal Impact Capital approved to deliver the ABFP program in Southern Ontario. Signed 4 year contribution agreement with NACCA – base funding amounted to $3.78 M – with slippage dollars due to high demand AIC actually received $5.05M over the 4 years.
2022
$2.75 M Agreement received from Ministry of Aboriginal Affairs, for 3 years to March 31, 2025 to support business and community economic development.
2023
Reached $40 million in loans disbursed to 1,030 businesses
2023
$312.5K Agreement received Ministry of Aboriginal Affairs, for 3 years to develop digital toolbox, e-commerce training and grants to business
2023
Hosted Minister Tassi “Economic Round Table Discussion” with participant from Brant, Haldimand, MCFN and SN
2023
Submitted a Funding Application to FedDev at the invitation of the President and Deputy Minister in the amount of $924K over 3 years to support business and economic development