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

Funding for innovative projects in Northern Canada
Government of Canada
Last Update: March 3, 2026
Funding available
No Condition
Timeline
  • Open continuously
Location
Northwest Territories, Nunavut, Yukon, Canada

Overview

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

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Develop strategic partnerships
  • Develop a new product or service
Eligible Funding
  • No Condition
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • All industries
Location
  • Northwest Territories, Nunavut, Yukon
Legal structures
  • For-profit business
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Indigenous Peoples
  • Rural or Northern Residents
  • Youth (<40)
  • Women

Next steps

1
Determine your project
2
Validate your eligibility

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.

Eligibility

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.

Contacts

operations@cannor.gc.ca

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.

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

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

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.

What expenses are eligible under Inclusive Diversification and Economic Advancement in the North — For-Profit?

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.

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.

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 Northwest Territories, Nunavut, Yukon.

Is the Inclusive Diversification and Economic Advancement in the North — For-Profit a grant, loan, or tax credit?

Inclusive Diversification and Economic Advancement in the North — For-Profit is a Grant and Funding

Who are the financial supporters of the Inclusive Diversification and Economic Advancement in the North — For-Profit?

Inclusive Diversification and Economic Advancement in the North — For-Profit is funded by Canadian Northern Economic Development Agency (CanNor), Government of Canada

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