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Dehcho Business Development Centre - Business Financing
Business loans for Dehcho small businesses
Last Update: June 5, 2026
Funding available
$ 200,000
Timeline
- Receipt of requests is now closed
Location
Fort Simpson, Northwest Territories, Canada
Overview
The Dehcho Business Development Centre provides business loans of up to $200,000 for small businesses in the Dehcho region. Financing supports start-ups, business expansion, working capital, and other business-related needs.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Strengthen organizational capacity
Eligible Funding
- Maximum amount : 200,000 $
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- All industries
Location
- Fort Simpson
- Northwest Territories
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Canadians
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Starting a business
- Expanding an existing business
- Maintaining current operations
- Proceeding with business projects
Documents Needed
- DBDC Loan Application
- Personal Net Worth Statement
- Business license
- Project cost quotations
- Recent GST, payroll, and income tax filings; financial statements for existing businesses
Official resources
Eligibility
Who is eligible?
- Small businesses
- New businesses
- Existing businesses
- Businesses in the Dehcho region
Eligible expenses
- Purchase of buildings or equipment
- Working capital and cash flow needs
- Start-up costs
Eligible geographic areas
- Dehcho region
- Fort Simpson
- Wrigley
- Jean Marie River
- Nahanni Butte
- Sambaa K’e
- Fort Liard
Selection criteria
- Creditworthiness of the applicant and owners
- Expected success of the business idea
- Collateral offered
- Impact on the community and region
- Competition and market disruption
How to apply
- Step 1: Obtain the application form
- Get the form at the Fort Simpson office or online.
- Step 2: Prepare supporting information
- Complete the loan application and personal net worth statement.
- Gather the business license, project cost quotations, and financial documents if the business already exists.
- Step 3: Submit the application
- Submit the completed application and supporting documents to DBDC.
- Step 4: Review and decision
- Staff review the file and, for larger loans, present it to the Investment Review Committee for a final decision.
Processing and Agreement
- Applications are reviewed quickly, with smaller loans sometimes processed in 1 to 2 days.
- Applications may be assessed by staff or by the Investment Review Committee, depending on the loan amount.
- Approval is based on factors such as credit history, loan purpose, collateral, business idea, and community impact.
- The committee makes the final decision on larger applications.
Additional information
- Applications are available at the Fort Simpson office and online.
- Staff can help with business plans and other funding applications.
- The centre also provides counselling, training, and technical support.
Contacts
Frequently Asked Questions about the Dehcho Business Development Centre - Business Financing Program
What is the Dehcho Business Development Centre - Business Financing?
The Dehcho Business Development Centre provides business loans of up to $200,000 for small businesses in the Dehcho region. Financing supports start-ups, business expansion, working capital, and other business-related needs.
How much funding can be received?
Dehcho Business Development Centre - Business Financing Funds up to $200,000 of admissible expenses.
Who is eligible for the Dehcho Business Development Centre - Business Financing program?
To be eligible for the Dehcho Business Development Centre - Business Financing program, you must:
Based in the Dehcho region
Resident in Deh Cho for 1+ year
Reasonable chance of success
What expenses are eligible under Dehcho Business Development Centre - Business Financing?
Starting a business
Expanding an existing business
Maintaining current operations
Proceeding with business projects
Who can I contact for more information about the Dehcho Business Development Centre - Business Financing?
You can contact Dehcho Business Development Centre (DCBDC) by email at info@dcbdc.ca or by phone at 867-695-2441.
Where is the Dehcho Business Development Centre - Business Financing available?
The Dehcho Business Development Centre - Business Financing program is available the province of Northwest Territories.
Is the Dehcho Business Development Centre - Business Financing a grant, loan, or tax credit?
Dehcho Business Development Centre - Business Financing is a Expert Advice