Inclusive Diversification and Economic Advancement in the North — For-Profit

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: Who is eligible for the Inclusive Diversification and Economic Advancement in the North — For-Profit program?

To be eligible for the Inclusive Diversification and Economic Advancement in the North — For-Profit program, you must: • The applicant must be a business or public/private organization. • Priority is given to entities demonstrating proven capacity for project delivery in the North. • Entities should show interest or engagement in territorial economic development.

Q: Who can I contact for more information about the Inclusive Diversification and Economic Advancement in the North — For-Profit?

You can contact Canadian Northern Economic Development Agency (CanNor) by email at operations@cannor.gc.ca.

Q: Where is the Inclusive Diversification and Economic Advancement in the North — For-Profit available?

The Inclusive Diversification and Economic Advancement in the North — For-Profit program is available the province of NU.

Q: Are women eligible for the Inclusive Diversification and Economic Advancement in the North — For-Profit program?

Yes, women are eligible to apply for the Inclusive Diversification and Economic Advancement in the North — For-Profit program.

Q: Are youth (under 40) eligible for the Inclusive Diversification and Economic Advancement in the North — For-Profit program?

Yes, youth under 40 are eligible to apply for the Inclusive Diversification and Economic Advancement in the North — For-Profit program.

Last Update: July 22, 2025

NU, Canada

Funding for innovative projects in Northern Canada

At a glance

Eligible Funding

No Condition

Timeline

Unspecified

Financing Type

Grant and Funding

Eligible Industries

All industries

Funds Providers

Unspecified

Program status

Open

Overview

Get funding for projects that contribute to diversifying Canada's northern economy and promoting economic growth.

Financing terms and conditions

This grant ensures equitable access to funding aimed at bolstering economic infrastructure and sector development in Canada's North. However, specific financing modalities such as funding caps or disbursement mechanisms are not detailed in the provided information.

Activities funded

Eligible projects under this grant focus on enhancing the economic infrastructure and capacity in Northern Canada, aiming at fostering economic diversity and supporting innovation. The initiatives prioritize community growth, infrastructure development, and increasing productivity in different sectors.

Investment in economic growth and sector development initiatives.
Programs for business scale-up, productivity, and innovation enhancement.
Development of small-scale economic infrastructure projects.
Projects focused on foundational economic infrastructure enhancement.

Examples of admissible projects:

$ 210,000

Enhancing fishing industry productivity through modern equipment

$ 100,000

Enhancing digital literacy and skills development among Indigenous youth

$ 160,000

Building a small business incubator to support local entrepreneurs

$ 150,000

Establishing a community-based tourism program to promote local culture and economy

$ 200,000

Developing a renewable energy project to supply sustainable power

$ 130,000

Launching a small-scale aquaponics farm to improve food security

Eligibility

The eligibility criteria for the IDEANorth program are based on considerations related to the applicant's capacity and engagement with economic development in the North.

Applicants can be businesses or other public or private organizations.
Priority is given to underrepresented groups, including Indigenous people, women, and youth.
Applicants should demonstrate proven capacity to deliver projects in the North.
Applicants must show interest or engagement in territorial economic development.

Who is eligible?

This program supports businesses and other public or private organizations with an emphasis on ensuring equitable access to funding to underrepresented groups such as Indigenous people, women and youth. Investments will help strengthen existing economic sectors and develop new economic sectors with the goal of enhancing and diversifying economic activity throughout the territories. Priority will be given to recipients who can demonstrate proven capacity to deliver projects in the North and who can demonstrate interest/engagement in territorial economic development.

Who is not eligible

There are certain types of companies that may not be eligible for this grant:

Companies outside the defined territories of Canada's North
Companies that do not have a focus on economic development and sector advancement in the North

Eligible expenses

This grant supports projects and activities that enhance economic infrastructure and promote sector development in Northern Canada. The eligible initiatives aim to foster economic growth, improve business productivity, and support foundational infrastructure in the territories.

Investments in economic infrastructure to support community and business service extension.
Support for economic growth and sector development initiatives.
Business initiatives focused on scale-up, productivity, and innovation.
Development of small-scale economic infrastructure to strengthen local services.
Support for the early stages of large-scale economic infrastructure projects.

Eligible geographic areas

This grant focuses on supporting economic growth specifically in the Northern territories of Canada. Companies applying for this grant must be located in these regions to be eligible for funding.

Yukon.
Northwest Territories.
Nunavut.

Selection criteria

There are evaluation and selection criteria for the IDEANorth grant. The criteria include:

Proven capacity to deliver projects in the North
Interest/engagement in territorial economic development

How to apply

Review Program Guidelines

Visit the IDEANorth program webpage.
Download and read the IDEANorth program guidelines to understand the requirements and objectives.
Familiarize yourself with the application process and funding criteria.

Prepare Application Materials

Develop a comprehensive project proposal detailing the project’s objectives, expected outcomes, and alignment with IDEANorth’s priorities.
Gather any necessary supporting documents such as budgets, timelines, and organizational capacity statements.

Complete Application Form

Access the application form through the IDEANorth program guidelines or contact resources.
Fill out the application form with accurate and complete information regarding the project and organization.

Submit Application

Email the completed application form and supporting documents to Operations@cannor.gc.ca.
Alternatively, contact one of the IDEANorth regional offices to discuss application submission possibilities.

Contacts

operations@cannor.gc.ca

Apply to this program

Frequently Asked Questions about the Inclusive Diversification and Economic Advancement in the North — For-Profit Program

Here are answers to the most common questions about the Inclusive Diversification and Economic Advancement in the North — For-Profit. 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.