Canada Business — Northwest Territories

Q: How much funding can be received?

There is no informations about how much funding can be received.

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: Is the Canada Business — Northwest Territories a grant, loan, or tax credit?

Canada Business — Northwest Territories is a Other Support

Q: Who are the financial supporters of the Canada Business — Northwest Territories?

Canada Business — Northwest Territories is funded by Government of the Northwest Territories, Business Development and Investment Corporation

Q: Who is eligible for the Canada Business — Northwest Territories program?

To be eligible for the Canada Business — Northwest Territories program, you must: • Eligible businesses must be located in the Northwest Territories. • Businesses must be registered entities within the region to qualify for funding or support.

Q: Who can I contact for more information about the Canada Business — Northwest Territories?

You can contact Government of the Northwest Territories.

Q: Where is the Canada Business — Northwest Territories available?

The Canada Business — Northwest Territories program is available the province of NT.

Q: Are startups eligible for the Canada Business — Northwest Territories program?

Yes, startups are eligible to apply for the Canada Business — Northwest Territories program.

Last Update: July 22, 2025

NT, Canada

Advice and expertise for entrepreneurs in the Northwest Territories

At a glance

Eligible Funding

No Condition

Timeline

Unspecified

Financing Type

Other Support

Expert Advice

Eligible Industries

All industries

Funds Providers

Unspecified

Program status

Open

Overview

Access services that can help at every stage of your business, including information on government programs and services, reports, and library resources tailored to meet your needs.

Financing terms and conditions

This grant provides a range of financial instruments and services to NWT businesses aimed at fostering growth, sustainability, and enhanced digital capabilities.

Flexible debt financing options are available to support businesses at different stages including start-up and expansion.
Grants up to $15,100 for eligible businesses focusing on digital technology adoption, online presence enhancement, or operation digitalization.
Temporary relief and emergency support in response to crises affecting businesses.

Activities funded

The grant provides support for NWT businesses to enhance their digital capabilities and resilience. Eligible projects focus on adopting new digital technologies and reinforcing business structures in emergencies.

Adoption of new digital technologies for business improvement.
Enhancement of online presence for businesses.
Digitalization of operations to improve business efficiency.
Access to temporary relief and support in response to emergencies.

Examples of admissible projects:

$ 15,000

Redesigning the website to improve user experience and better serve the community

$ 15,000

Enhancing our online retail platform to support increased e-commerce activities

$ 12,000

Creating a digital marketing plan to boost online visibility and customer engagement

$ 25,000

Implementing a new CRM system to streamline customer relations and enhance service delivery

$ 15,000

Adopting a new accounting software to enhance financial reporting and compliance

$ 20,000

Automating inventory management to reduce manual errors and streamline operations

Eligibility

Eligibility for this grant is determined by specific requirements related to the applicant's business characteristics and activities.

The business must be located in the Northwest Territories (NWT).
The business must be seeking to adopt new digital technologies, enhance their online presence, or digitalize operations.
The business should be willing to work with digital advisors provided through the program.

Who is eligible?

Prosper NWT offers various support services including debt financing, business services, and digital project funding to businesses operating in the Northwest Territories. While specifics about the evaluation and selection criteria for digital projects are not listed in the provided context, eligible businesses may include those willing to adopt new digital technologies or digitalize operations, enhancing their online presence. Applicants typically need to be based in or conduct significant business within the NWT to qualify for such programs.

Who is not eligible

There are certain types of companies that are not eligible for the Prosper NWT grant:

Companies outside the Northwest Territories
Non-profit organizations
Government agencies

Eligible expenses

Prosper NWT offers grants to support businesses in the Northwest Territories with digital projects aimed at enhancing technology adoption and improving digital presence. The eligible activities are designed to help businesses leverage new technologies and streamline their operations.

Adoption of new digital technologies for business processes.
Enhancement of online business presence through digital marketing or website improvements.
Digitization of operations to increase efficiency and productivity.

Eligible geographic areas

This grant is specifically available for companies located in the Northwest Territories as indicated by the funding body, Prosper NWT. Eligible locations are determined to support regional development and prosperity in the area.

Companies operating within the Northwest Territories, Canada.

Selection criteria

There are evaluation and selection criteria for this grant. The evaluation and selection criteria for the Prosper NWT grant include:

Alignment with program objectives
Demonstrated need for digital project support
Potential impact on the business
Feasibility of the digital project
Ability to implement and see the project through

How to apply

Review Eligibility

Verify that your business is eligible for digital support grants by reviewing the criteria outlined on the Prosper NWT website.
Ensure you have a clear digital project idea that aligns with the objectives of the grant.

Gather Required Documentation

Prepare a detailed project plan, including the scope, objectives, and expected impact of the digital project.
Compile financial documents that demonstrate your business’s current standing and capacity to implement the project.
Obtain any necessary endorsements or letters of support from stakeholders or partners if required.

Application Completion

Access the Prosper NWT application portal to begin the digital grant application process.
Fill out the online application form with accurate business and project information.
Upload all required documents, including your project plan and any supporting materials.

Review and Submit

Carefully review the completed application to ensure all information is accurate and complete.
Submit the application through the Prosper NWT portal.
Keep a record of the submission confirmation for your records.

Follow-Up

Await communication from Prosper NWT regarding the status of your application.
Prepare to provide any additional information or clarification if requested by Prosper NWT.

Additional information

Here are additional relevant details for the Prosper NWT grants and support:

Prosper NWT is a rebranded entity from the former BDIC, aiming to bring greater prosperity to the region.
Flexible debt financing options are available to assist in business growth and sustainability.
Digital advisors are accessible to guide businesses through digital transformation projects.
Temporary relief can be provided to businesses facing emergencies, subject to the availability of support.
Two separate digital project support programs offer up to $15,100 in grants or contributions.

Apply to this program

Frequently Asked Questions about the Canada Business — Northwest Territories Program

Here are answers to the most common questions about the Canada Business — Northwest Territories. 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.