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Business and Economic Development

Every economy needs a steady stream of new, exciting, innovative businesses. It is the department’s mandate to ensure a friendly, supportive environment for those wishing to pursue new business in our territory.

To facilitate this environment, the Department administers numerous innovative funding and support programs to help new businesses thrive.

The Department has a mandate to support economic diversification in the Northwest Territories. This sector is the delivery point for services to support business beyond the traditional resource industries, though some programs are available for grassroots prospecting through this sector.