Business & Economic Development
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In addition to those programs delivered by the GNWT’s Department of Industry, Tourism and Investment there are many lending, contribution and grant programs that exist to assist businesses in the NWT.
Lending Programs
- Northwest Territories Metis Dene Development Corporation: Provides term financing and other financial services.
- Community Futures Development Corporations: Provides term financing and other financial services.
- Business Development Bank of Canada: Provides long term financing, venture and growth capital and other financial services.
- Northwest Territories Business Development & Investment Corporation: Provides term financing, standby letters of credit, and venture capital.
Contribution Programs
- Aboriginal Business Canada: Contribution programs for innovation, trade & market expansion, tourism and youth entrepreneurship.
- Northwest Territories Business Development & Investment Corporation: Home Based Project Fund.
Other Programs that Support Economic Development
- Canada Business NWT
- Canada Executive Service Organization (CESO)
- Industry Canada - Federal Tax Measures for Small Business
- Canada Council for the Arts
- Education, Culture and Employment: Apprenticeship Training Assistance, Training on the Job, Self Employment Option, Local Labour Market Partnerships, Youth Employment
- Indian and Northern Affairs Canada: Strategic Investment in Northern Economic Development
For more information on the GNWT’s procurement Policies and Programs, click here