Aboriginal Business Investment Fund (ABIF) │ Government of Alberta

Eligible capital costs for funding under ABIF include the cost of a tangible capital asset and the costs associated with the
acquisition, constructing, renewing, rehabilitating, materially enhancing or renovating a tangible capital asset.

• Tangible capital assets, include but are not limited to:
  • Land improvements
  • Buildings and building improvements
  • Operating Equipment
  • Heavy equipment
  • Vehicles
• Associated tangible capital asset costs are considered eligible provided the costs contribute to the completion of the
  the project. Associated tangible capital asset costs include, but are not limited to:
  • professional fees charged by a third party for services rendered such as appraisal, application, survey,
    inspection, design, engineering, architectural, and other similar types of activities;
  • site preparation costs, such as landscaping for buildings;
  • the expenditures for project–related signage, lighting, project markings and utility adjustments;
  • original purchase price or completed project costs including basic costs of material and labour costs of a
    contractor; and/or
  • other expenditures that, subject to review by Indigenous Relations, are considered to be direct and necessary
    for the successful implementation of the project and have been approved in writing prior to being incurred.