grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Expert Advice
Other Support
grant_single|eligibleIndustries
  • grant_single|allIndustries
grant_single|grantors
  • Government of the Northwest Territories
  • Business Development and Investment Corporation
grant_single|status
grant_card_status|open

grant_single_labels|preview

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

grant_single_labels|projects

This grant supports eligible NWT businesses in adopting new digital technologies, enhancing their online presence, or digitalizing their operations.
  • Adopting new digital technologies
  • Enhancing online presence
  • Digitalizing operations
grant_single|admissibleProjectsExample

$14,000

Hay River
Digital transformation of a local bookstore to include online sales and inventory management

$15,000

Yellowknife
Upgrade an environmental organization's data management system for better research and tracking

$14,000

Yellowknife
Digitize physical records for a non-profit organization's historical archives

$14,000

Yellowknife
Implement CRM software to improve customer relationship management at an accounting firm

$14,000

Yellowknife
Automate production scheduling for a local artisanal coffee roaster

$12,000

Inuvik
Develop e-commerce website for a local cooperative selling indigenous crafts

grant_single_labels|admissibility

Eligible businesses in the Northwest Territories can receive up to $15,100 in grants/contributions to adopt new digital technologies, enhance their online presence, or digitalize operations.
  • Business must be located in the Northwest Territories
  • Must be an eligible business seeking to adopt new digital technologies
  • Must be looking to enhance their online presence or digitalize operations

grant_eligibility_criteria|who_can_apply

There are no specific types of companies mentioned as eligible for the grant provided by Prosper NWT for digital projects.

grant_eligibility_criteria|who_cannot_apply

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

grant_eligibility_criteria|eligible_expenses

The grant supports NWT businesses in adopting digital technologies, enhancing their online presence, or digitizing operations.
  • Adoption of new digital technologies
  • Enhancement of online presence
  • Digitalization of operations

grant_eligibility_criteria|zone

The eligible geographic zones for this grant are businesses located in the Northwest Territories (NWT).
  • Northwest Territories (NWT)

grant_single_labels|criteria

There are evaluation and selection criteria for the Prosper NWT grants. Applicants will be evaluated based on the following criteria:
  • Relevance of the project to advancing digital technologies or enhancing online presence.
  • Demonstrated need for digital support and potential impact on the business.
  • Feasibility and sustainability of the digital project.
  • Potential for innovation and growth through digitalization.

grant_single_labels|register

  • Step 1: Identify Eligibility Criteria
  • Review the eligibility criteria for the grant to ensure your business qualifies.
  • Step 2: Consult Digital Advisors
  • Reach out to Prosper NWT to consult with digital advisors available for guidance on your digital project.
  • Step 3: Prepare Project Proposal
  • Develop a detailed proposal outlining the digital project you wish to undertake, including objectives, timelines, and budget.
  • Step 4: Gather Required Documentation
  • Collect all necessary documentation such as business registration, financial statements, and any other required materials.
  • Step 5: Complete Application Form
  • Fill out the official grant application form provided by Prosper NWT.
  • Step 6: Submit Application
  • Submit the completed application form along with the project proposal and required documentation to Prosper NWT before the deadline.
  • Step 7: Follow-Up
  • Monitor the status of your application and be prepared to provide additional information if requested by Prosper NWT.

grant_single_labels|otherInfo

Prosper NWT offers grants up to $15,100 for eligible businesses to advance their digital projects.
  • Flexible debt financing options are available for NWT businesses.
  • Expert guidance and support are provided for entrepreneurs and business owners.
  • Temporary relief and support may be available in response to emergencies.
  • Digital advisors are available to assist businesses with their digital projects.
Apply to this program