Open
Source verified August 10, 2026
Atuqtuarvik Corporation Financing
Loans and equity for Inuit-owned businesses
Funding available
$ 150,000 - $ 3,000,000
Deadline
Open continuously
Location
Nunavut, Canada
Overview
Atuqtuarvik Corporation provides loans and equity investments of $150,000 to $3,000,000 for Inuit-owned businesses in Nunavut. It supports commercially viable projects that create benefits for Inuit in the areas of jobs, training, and social improvements through business start-up, expansion, or acquisition.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Complete an acquisition or business transfer
- Develop workforce skills
Eligible Funding
- Maximum amount : 3,000,000 $
- Minimum amount : 150,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Nunavut
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business start-up
- Expansion
- Acquisition
Documents Needed
- Verification of Inuit Firm Status
- Resumes for key individuals
- Ownership and management structure
- Business licenses, proof of insurance and WSCC coverage, proof of enrollment under the Nunavut Agreement
- Completed Personal Net Worth Statement
Official resources
Eligibility
Who is eligible?
- Inuit-owned businesses
Who is not eligible
In the context provided, there are no explicit details about specific companies or industries that are not eligible for this grant. The focus is primarily on eligibility criteria rather than exclusions.
Eligible expenses
The Atuqtuarvik Corporation grant program focuses on enhancing economic opportunities for Inuit in Nunavut by supporting business initiatives that are both viable and beneficial to the community. The eligible projects contribute to business start-up, expansion, and acquisition, thereby fostering Inuit job creation and social improvements.
- Initiatives aimed at starting new businesses in Nunavut.
- Projects focused on expanding existing Inuit-owned businesses.
- Acquisition projects that enhance Inuit business ownership and participation in economic activities.
Eligible geographic areas
- Nunavut
Selection criteria
- The financial viability of the project.
- The percentage of Inuit ownership and participation in management.
- The benefits of the project to the Inuit of Nunavut, including jobs, ownership, housing, language and culture.
- Financial resources from other sources, such as banks and Territorial & Federal Government programs.
How to apply
- Download the application form in PDF format.
- Read the Application Information section before completing the application.
- Complete all questions; if a question is not applicable to your project, indicate N/A and use attachments as necessary.
- Fax, mail or email the completed application form to Atuqtuarvik Corporation Credit Department, P.O. Box 900 Rankin Inlet, Nunavut X0C 0G0, Facsimile: (867) 645-5910, Email: contact@atuqtuarvik.com.
Processing and Agreement
- Upon receipt of a completed application package, and all supporting documentation, the Credit Department will complete the necessary due diligence process in order to make a recommendation to the Board of Directors.
- Once the Board of Directors make a decision on the application, the applicant will be advised of the outcome.
Additional information
- Atuqtuarvik Corporation is a 100% Inuit owned investment company created by Nunavut Tunngavik Incorporated (NTI) and Nunavut Trust.
- It was created to help ensure direct Inuit participation in major economic opportunities.
- It was created to improve the access of eligible businesses to various sources of commercial finance.
Contacts
Frequently Asked Questions about the Atuqtuarvik Corporation Financing Program
What is the Atuqtuarvik Corporation Financing?
Atuqtuarvik Corporation provides loans and equity investments of $150,000 to $3,000,000 for Inuit-owned businesses in Nunavut. It supports commercially viable projects that create benefits for Inuit in the areas of jobs, training, and social improvements through business start-up, expansion, or acquisition.
How much funding can be received?
Atuqtuarvik Corporation Financing Funds up to $3,000,000 of admissible expenses.
Who is eligible for the Atuqtuarvik Corporation Financing program?
To be eligible for the Atuqtuarvik Corporation Financing program, you must:
The applicant must be an Inuit-owned business.
The project must be commercially viable and Nunavut-based.
The applicant must be capable of providing their own equity, and the project must create benefits for Inuit in jobs, training, and social improvements.
Who can I contact for more information about the Atuqtuarvik Corporation Financing?
You can contact Atuqtuarvik Corporation by email at contact@atuqtuarvik.com or by phone at 867-645-5900.
Where is the Atuqtuarvik Corporation Financing available?
The Atuqtuarvik Corporation Financing program is available the province of Nunavut.
Is the Atuqtuarvik Corporation Financing a grant, loan, or tax credit?
Atuqtuarvik Corporation Financing is a Loans and Capital investments
Who are the financial supporters of the Atuqtuarvik Corporation Financing?
Atuqtuarvik Corporation Financing is funded by Atuqtuarvik Corporation