How can I improve my chances of getting approved for Support for Entrepreneurs and Economic Development (SEED) — Strategic Investments?

Our detailed breakdown covers step-by-step application instructions, required document checklists, and eligible expense breakdowns so you know exactly what to prepare before applying.

Support for Entrepreneurs and Economic Development (SEED) — Strategic Investments

Government of the Northwest Territories, Department of Industry, Tourism and Investment

💰 Business Financing & Capital🏪 Small Business📈 Growth📍 Regional🔧 Equipment

Funding to grow your business in the NWT

Funding

Up to $75,000

Deadline

Mar 31, 2026

Status

Accepting Applications

What Is This Program?

Access up to $75,000 to make large investments in your company in order to expand and grow your activities.

What Benefits Are Offered?

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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.

Who Is Eligible?

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