Programs & Services
Economic Development also oversees the allotment of tobacco quotas for businesses on the Territory.
Registered businesses can be approved by Tyendinaga Mohawk Council to have an allocation of tobacco. The amount of tobacco allocated is dependent on the number of businesses on the Territory requesting tobacco and the number of shares available as allotted by the government (Example: 100,000 total available tobacco cartons /100 businesses = 1000 tobacco cartons to each business).
Tobacco allocation monies support the Tyendinaga Community Development Fund. In order to sell tobacco, business on the Territory are subjected to annual inspections by MBQ, and must meet a set of criteria.
Funding sources are available to Aboriginal owned, on-Territory businesses for start up and further development. The Bank of Montreal offers a loan program where Tyendinaga Mohawk Council can decide to guarantee 70% of each loan.
Business Directory & Registration
The Economic Development Unit registers and maintains a list of all businesses on the Territory. Currently there are approximately 150 registered businesses on the Territory. Businesses can register with MBQ by filling out an application form, which is then approved by Tyendinaga Mohawk Council. For a business to maintain its registered status, it must comply with a set of guidelines established by TMC and renew their registration periodically.