Baffin Business Development — Business Counseling
grant_single|update January 24, 2025
NU, Canada
Baffin Island business counselling
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Baffin Business Development Corporation (BBDC)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Receive counselling at all levels of the business cycle to maximize your growth potential, develop plans and expand.
grant_single_labels|projects
The Baffin Business Development Corporation supports activities that drive business growth and enhance the economic landscape of the Baffin region. Eligible projects are those that involve business startup, expansion, acquisition, and provide business counselling services at various stages.
- Business startup initiatives that demonstrate commercial viability.
- Business expansion projects that aim to increase revenues and assets.
- Business acquisition efforts capable of creating new job opportunities.
- Business counseling services that assist in various phases of the business cycle.
grant_single|admissibleProjectsExample
$ 40,000
Develop an e-commerce platform for local artisans
$ 25,000
Implement a renewable energy project to power a community center
$ 35,000
Launch a bilingual counseling service for small businesses
$ 30,000
Develop a comprehensive marketing strategy to increase brand awareness
$ 30,000
Develop a training program for sustainable fishing practices
$ 50,000
Expand the commercial kitchen facilities to increase food production capacity
grant_single_labels|admissibility
Eligibility for this grant requires meeting specific criteria related to the business's location, commercial viability, and potential benefits to the region.
- The business must be based in the Baffin region.
- The project must be commercially viable.
- The proposed project should create benefits, such as job creation and increased business revenues and assets.
grant_eligibility_criteria|who_can_apply
The Baffin Business Development Corporation (BBDC) supports new and existing businesses capable of repaying loans and creating benefits such as jobs, increased revenues, and assets in the Baffin region. Eligible applicants include businesses that meet these criteria.
grant_eligibility_criteria|eligible_expenses
This grant provides financial assistance to business projects that aim to establish, expand, or acquire commercial operations in the Baffin region. Eligible activities should contribute to local economic development through job creation and revenue growth.
- Business start-up initiatives in the Baffin region.
- Expansion of existing businesses to increase capacity and market reach.
- Acquisition of businesses to maintain or enhance local economic activity.
grant_eligibility_criteria|zone
This grant is available exclusively to companies that are located in the Baffin region. The focus is on supporting businesses that can contribute to regional development by creating jobs and increasing revenues.
- Businesses based in the Baffin region.
grant_single_labels|apply
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grant_single_labels|otherInfo
The Baffin Business Development Corporation (BBDC) provides financial assistance for business start-up, business expansion, and business acquisition in the Baffin region. It also offers business counseling services and has cooperative partnerships with several organizations.
- Loans must be repaid.
- Eligible projects must be commercially viable.
- Projects should create benefits such as jobs and increased business revenues and assets.
- BBDC provides business counseling at all stages of the business cycle.
- Cooperative partnerships include Nunavut Business Credit Corporation, Kakivak Association, the Department of Economic Development & Transportation, Atuqtuarvik Corporation, CanNor, and the Business Development Bank Canada.
- Contact information: T 867.979.1303, F 867.979.1508.
grant_single_labels|contact
867.979.1303
Apply to this program
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