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Government of the Northwest Territories, Department of Industry, Tourism and Investment
Funding to grow your business in the NWT
Helps businesses access money to make large investments for growth and expansion. Provides up to $75,000 to support these activities.
Funding for NWT businesses making significant investments to expand and grow, with a focus on increasing local economic activity and employment outcomes. Projects are expected to leverage external funding and align with regional development plans. Priority is given to investments in technology and innovation.
Business Size: medium
Region: Northwest Territories, Yellowknife, Hay River, Fort Smith, Inuvik
Other Criteria: NWT businesses, making large investments to expand and grow their business, project must directly increase local business and economic activity, project must directly result in increased local employment outcomes, project must leverage funding sources outside the Government of Northwest Territories (GNWT), project must be consistent with Department strategies and/or regional economic development plans, minimum equity requirement of 30% of project costs for Group 1 communities (Yellowknife, Hay River, Fort Smith, Inuvik), minimum equity requirement of 20% of project costs for Group 2 communities (all other NWT communities), priority given to applications that invest in technology and innovation
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This program is available to medium businesses located in Northwest Territories, Yellowknife, Hay River, Fort Smith, Inuvik.
This program offers funding up to $75,000.
The application deadline is March 31, 2026.
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