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BDIC-NWT — Working Capital Guarantee - Northwest Territories - Canada
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BDIC-NWT — Working Capital Guarantee

Loan guarantee for Northwest Territories businesses
Government of the Northwest Territories (GNWT)
Business Development and Investment Corporation (BDIC)
Last Update: March 3, 2026
Funding available
$ 15,100
Timeline
  • Open continuously
Location
Northwest Territories, Canada

Overview

Get an irrevocable standby letter of credit to help you secure working capital financing from your bank.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Develop an online presence
Eligible Funding
  • Maximum amount : 15,100 $
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • All industries
Location
  • Northwest Territories
Legal structures
  • For-profit business
  • Sole proprietorship
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Rural or Northern Residents
  • Startups

Next steps

1
Determine your project
2
Validate your eligibility

Activities funded

This grant offers funding to Northwestern Territories businesses for enhancing their digital capabilities. Eligible projects include initiatives aimed at integrating new digital technologies and improving online presence.

  • Adoption of new digital technologies for business operations.
  • Enhancement of business online presence through digital tools.
  • Digitalization of business operations for increased efficiency.

Eligibility

Who is eligible?

Businesses located in the Northwest Territories (NWT) that are seeking support for digital projects can apply for these grants. This includes businesses of varying sizes aiming to adopt new digital technologies, improve their online presence, or digitalize their operations.

Who is not eligible

Some types of companies may not be eligible for this grant. For example, companies engaged in illegal activities or those outside the Northwest Territories may not qualify for funding.

  • Companies engaged in illegal activities
  • Companies located outside the Northwest Territories

Eligible expenses

This grant supports NWT businesses in enhancing their digital capabilities. It includes activities focused on adopting new digital technologies, improving online presence, and digitalizing operations.

  • Adoption of new digital technologies by businesses.
  • Enhancement of a business's online presence.
  • Digitalization of business operations.

Eligible geographic areas

This grant is available to companies within the geographical area specified by the funding organization, Prosper NWT. Businesses located in the Northwest Territories of Canada are eligible to apply.

  • Companies operating within the Northwest Territories (NWT), Canada.

Additional information

Here are additional relevant details for this grant:

  • Potential applicants should consider the availability of digital advisors to assist with their digital projects, which can provide valuable guidance and support.
  • The support for digital projects includes grants and contributions, indicating a possible requirement for matched funding or cost-sharing from the business.

Frequently Asked Questions about the BDIC-NWT — Working Capital Guarantee Program

Here are answers to the most common questions about the BDIC-NWT — Working Capital Guarantee. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the BDIC-NWT — Working Capital Guarantee?

Get an irrevocable standby letter of credit to help you secure working capital financing from your bank.

How much funding can be received?

BDIC-NWT — Working Capital Guarantee Funds up to $15,100 of admissible expenses.

Who is eligible for the BDIC-NWT — Working Capital Guarantee program?

To be eligible for the BDIC-NWT — Working Capital Guarantee program, you must: The business must be located in the Northwest Territories (NWT). The applicant must be seeking support for digital technology adoption or enhancement of their online presence.

What expenses are eligible under BDIC-NWT — Working Capital Guarantee?

This grant offers funding to Northwestern Territories businesses for enhancing their digital capabilities. Eligible projects include initiatives aimed at integrating new digital technologies and improving online presence. Adoption of new digital technologies for business operations. Enhancement of business online presence through digital tools. Digitalization of business operations for increased efficiency.

Who can I contact for more information about the BDIC-NWT — Working Capital Guarantee?

You can contact Government of the Northwest Territories (GNWT).

Where is the BDIC-NWT — Working Capital Guarantee available?

The BDIC-NWT — Working Capital Guarantee program is available the province of Northwest Territories.

Is the BDIC-NWT — Working Capital Guarantee a grant, loan, or tax credit?

BDIC-NWT — Working Capital Guarantee is a Other Support

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