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Community Futures Program Northwest Territories
Northwest Territories business loans and counselling
Last Update: March 4, 2026
Funding available
$ 200,000
Timeline
- Open continuously
Location
Northwest Territories, Nunavut, Yukon, Canada
Overview
Get a loan or guarantee of up to $200,000, wage subsidies, as well as access to business counselling services, to start or expand a business.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop an online presence
- Access new markets
- Launch or market a product/service
Eligible Funding
- Maximum amount : 200,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Northwest Territories, Nunavut, Yukon
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
The Community Futures Program supports various economic initiatives aimed at helping entrepreneurs and businesses in the Northwest Territories. The focus is on providing financial and advisory support to foster business growth and development.
- Provision of business loans and loan guarantees for entrepreneurs.
- Business counseling services for individuals starting or expanding a business.
- Wage subsidies for unemployed individuals starting a new business.
- Access to Canada Business NWT Internet sites and business information services.
Eligibility
Who is eligible?
The Community Futures Program is available to all 33 communities in the Northwest Territories (NWT), and it is delivered through regional Community Futures Development Corporations. These organizations operate as non-profit entities independent of the government, serving their local areas through volunteer Boards of Directors. Any individuals or entities looking to start or expand a business in these communities can potentially benefit from the services offered, such as business loans, counseling, and wage subsidies for unemployed entrepreneurs.Who is not eligible
Some types of companies may not be eligible for the Community Futures Program grant. Certain industries or businesses that do not align with the economic development goals of the program may be ineligible.
- Businesses involved in illegal activities
- Speculative ventures
- Non-commercial ventures
Eligible expenses
The Community Futures Program is designed to encourage local economic development through a range of supportive services. Eligible activities under this program primarily revolve around providing financial aid and guidance to new and expanding businesses.
- Offering business loans and loan guarantees.
- Providing counseling and assistance for entrepreneurs.
- Administering wage subsidies to support new business initiatives by the unemployed.
- Facilitating access to Canada Business NWT Internet sites and business information services.
Eligible geographic areas
This grant is available to all communities within the Northwest Territories as it is delivered regionally by Community Futures Development Corporations located in the territory. The program aims to support community-based economic initiatives across the region.
- All 33 communities in the Northwest Territories.
Additional information
Here are additional relevant details for this grant:
- The program is delivered through Community Futures Development Corporations which are independent non-profit organizations.
- These organizations are overseen by volunteer Boards of Directors representing their regions and communities.
- Annual funding is sourced from contributions by the Government of the Northwest Territories.
- Contact regional offices for information specific to your community.
- There is an Association representing the seven organizations delivering the programs in NWT.
Contacts
Frequently Asked Questions about the Community Futures Program Northwest Territories Program
Here are answers to the most common questions about the Community Futures Program 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.
What is the Community Futures Program Northwest Territories?
Get a loan or guarantee of up to $200,000, wage subsidies, as well as access to business counselling services, to start or expand a business.
How much funding can be received?
Community Futures Program Northwest Territories Funds up to $200,000 of admissible expenses.
Who is eligible for the Community Futures Program Northwest Territories program?
To be eligible for the Community Futures Program Northwest Territories program, you must:
Access to the program is available to all 33 communities within the Northwest Territories.
Services are provided by Community Futures Development Corporations.
What expenses are eligible under Community Futures Program Northwest Territories?
The Community Futures Program supports various economic initiatives aimed at helping entrepreneurs and businesses in the Northwest Territories. The focus is on providing financial and advisory support to foster business growth and development. Provision of business loans and loan guarantees for entrepreneurs.
Business counseling services for individuals starting or expanding a business.
Wage subsidies for unemployed individuals starting a new business.
Access to Canada Business NWT Internet sites and business information services.
Who can I contact for more information about the Community Futures Program Northwest Territories?
You can contact Northwest Territories Community Futures Association (NWTCFA) or by phone at 867-587-7171.
Where is the Community Futures Program Northwest Territories available?
The Community Futures Program Northwest Territories program is available the province of Northwest Territories, Nunavut, Yukon.
Is the Community Futures Program Northwest Territories a grant, loan, or tax credit?
Community Futures Program Northwest Territories is a Expert Advice