Do you have a great idea to bring major evolutions to your local economy? The Strategic Investment stream of SEED is designed for you.
These funds are provided under the Support for Entrepreneurs and Economic Development (SEED) Policy.
Who is Eligible?
- NWT Businesses
Funding
Under the Strategic Investments program, up to $75,000 in support can be provided annually for projects and initiatives meeting the following conditions:
- Include funds leveraged from sources other than the Government of Northwest Territories
- Directly increase the business and economic activity for one or more communities
- Directly result in increased employment outcomes for one or more communities in the NWT
- Consistency with existing regional economic development plans
Equity requirements
Equity requirements for all categories under Entrepreneur Support funding are as follows:
- Group One communities (Yellowknife, Hay River, Fort Smith, and Inuvik) – 30%
- Group Two communities (all other communities within the NWT) – 20%
Required documents
Applicants are required to submit:
- A completed SEED application form (download below).
- A business plan
For a complete list of required documents see the Application Checklist on the last page of the SEED application.
Other information may be requested. Speak with your regional Economic Development Officer about specific proposal requirements and evaluation criteria; funding limits, equity requirements and specific purposes to which funding can be applied.
How do I apply?
To apply for Strategic Investment funding, download the application form below and contact your regional Industry Tourism and Investment office to book an appointment to speak with an Economic Development Officer. Please include all required documents along with your application, or your application will be considered incomplete and will not be reviewed.
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