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Kakivak Association — Economic Opportunity Fund
Last Update: March 4, 2026
Nunavut, Canada
Supports tourism businesses in Qikiqtani Region communities
Grant and Funding
Overview
The Kakivak Association’s Economic Opportunity Fund provides up to $10,000 in grant funding annually for eligible tourism-based businesses in six Qikiqtani Region communities. The program supports the purchase of new equipment, safety gear, and marketing initiatives to foster business development.
At a glance
Funding available
Financing goals
- Marketing a product
Eligible Funding
- Maximum amount : 10,000 $
Timeline
- Open Date : July 9, 2024
Eligible candidates
Eligible Industries
- Retail trade
- Arts, entertainment and recreation
- Accommodation and food services
- Other services (except public administration)
Location
- Nunavut
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
Activities funded
- Launching or expanding tourism-based businesses in communities adjacent to National Parks in the Qikiqtani Region.
- Acquiring new equipment to support tourism activities.
- Purchasing safety gear for tourism-related operations.
- Implementing marketing initiatives to promote tourism offerings.
Examples of admissible projects:
$ 10,000
Purchase new adventure sports equipment to expand service offerings for EcoTour Tours
$ 10,000
Set up a cultural heritage center with interactive exhibits
$ 10,000
Implement a specialized culinary tourism program
$ 9,000
Non-profit to upgrade office equipment for tourism information center
$ 10,000
Develop a strategic business plan for Arctic Adventure Co to attract international tourists
Eligibility
- The applicant must be a tourism-based business.
- The business must operate in one of the following Qikiqtani Region communities: Grise Fiord, Resolute Bay, Arctic Bay, Pond Inlet, Qikiqtarjuaq, or Pangnirtung.
- The project must relate to new equipment, safety gear, or marketing initiatives.
Who is eligible?
- Tourism-based businesses operating in the six communities adjacent to the National Parks in the Qikiqtani Region (Grise Fiord, Resolute Bay, Arctic Bay, Pond Inlet, Qikiqtarjuaq, Pangnirtung)
Who is not eligible
- Businesses that are not tourism-based or not operating in one of the six specified communities adjacent to the National Parks in the Qikiqtani Region (Grise Fiord, Resolute Bay, Arctic Bay, Pond Inlet, Qikiqtarjuaq, Pangnirtung).
Eligible expenses
- Purchase of new equipment for tourism-based businesses.
- Acquisition of safety gear required for business operations.
- Marketing initiatives related to business activities.
Eligible geographic areas
- Tourism-based businesses operating in Grise Fiord, Nunavut
- Tourism-based businesses operating in Resolute Bay, Nunavut
- Tourism-based businesses operating in Arctic Bay, Nunavut
- Tourism-based businesses operating in Pond Inlet, Nunavut
- Tourism-based businesses operating in Qikiqtarjuaq, Nunavut
- Tourism-based businesses operating in Pangnirtung, Nunavut
Selection criteria
The evaluation and selection criteria for this grant are not explicitly mentioned in the application document.
How to apply
1
Determine Eligibility
- Review the grant programs offered by Kakivak to ensure eligibility.
- Identify which program suits your business needs (e.g., Sivummut Grants, Makigiaqvik Loans, Small Tool Grants, Economic Opportunity Fund).
2
Prepare Documentation
- Gather necessary documents such as business plans, financial statements, and any other supporting information needed for your selected program.
- Download the PDF application form relevant to your program from Kakivak's website.
3
Complete Application Form
- Fill out the application form carefully, ensuring all sections are completed accurately.
- Make sure to include detailed information about your business, the intended use of funds, and expected outcomes.
4
Contact Business Development Officer
- Schedule an appointment or call Kakivak to consult with a Business Development Officer.
- Seek advice or support on finalizing your application if needed.
5
Submit Application
- Submit the completed application form along with all required documentation to Kakivak.
- Ensure submission is done before any specified deadlines and in the format required.
6
Follow-Up
- Wait for confirmation from Kakivak regarding the receipt of your application.
- Follow up with your Business Development Officer for any updates or further information required.
Additional information
- Annual grants are available, meaning applicants can reapply each year.
- Grant funding may be combined with other sources to support larger initiatives.
Contacts
867-979-0911
