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KCFI – Cambridge Bay, Nunavut - Nunavut - Canada
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KCFI – Cambridge Bay, Nunavut

Last Update: March 4, 2026
Nunavut, Canada
Advice and expertise for entrepreneurs in Kitikmeot/Cambridge Bay
Expert Advice

Overview

Access business information on government services, reports and library resources tailored to meet your business needs.

At a glance

Funding available
Financing goals
    Increasing community impact
    Develop employee skills
Eligible Funding
  • Maximum amount : 450,000 $
Timeline
  • Unspecified
Eligible candidates
Eligible Industries
  • All industries
Location
  • Nunavut
Legal structures
  • Non-profit
  • Public or Parapublic institution
  • For-profit business
  • Sole proprietorship
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Indigenous Peoples
  • Rural or Northern Residents
  • Startups
  • Women
Non-profit candidates
Sector of operation
  • Economic, Social and Community Development
  • Employment and Training
  • Business Associations
  • Diversity and Inclusion
Target groups
  • Indigenous peoples
  • Women & girls
  • Rural / Remote communities
  • Business owners / entrepreneurs
  • Nonprofits / charities
Revenue structures
  • All structures
Scope
  • Regional

Activities funded

This grant supports activities fostering community economic development and entrepreneurial support in the Kitikmeot Region. Eligible initiatives primarily focus on providing financial assistance, advisory services, and business support resources.

  • Provision of term loans, guarantees, and startup funds to businesses.
  • Offering inventory supply and capital funds to support business operations.
  • Delivering business counseling and technical assistance services.
  • Providing business planning and monitoring assistance.
  • Facilitating access to lines of credit for business growth.
  • Bookkeeping services for non-profits, community organizations, and small businesses.
  • Advisory and mentorship programs to foster business development.
  • Support programs aimed at reducing barriers for indigenous women in business.
Examples of admissible projects:
$ 200,000
Opening a new community art center with a focus on local artists
$ 270,000
Launching a mobile app to connect freelancers with local businesses
$ 180,000
Expanding organic vegetable farm production with new equipment and marketing strategies
$ 200,000
Development of an online learning platform for remote education
$ 200,000
Implementing a new customer management software to enhance client relations and service efficiency
$ 350,000
Creating a renewable energy initiative to install solar panels in residential buildings

Eligibility

Eligibility for this grant is determined by specific requirements related to the location and business focus.

  • The applicant's business must be located within the Kitikmeot Region, which includes Cambridge Bay, Kugluktuk, Gjoa Haven, Kugaaruk, Taloyoak, Bay Chimo, and Bathurst Inlet.
  • The applicant must be seeking support for community economic development within this region.
  • The business should fall within the categories of non-profit, small businesses, or community organizations.

Who is eligible?

The context provided does not specify any evaluation and selection criteria for projects under the grant offered by the Kitikmeot Community Futures Inc. (KCFI). Therefore, there are no details available about the criteria or point scores to be allocated.

Eligible expenses

The Canada Nunavut Business Service Centre offers various services and programs to support business development and community well-being in the Kitikmeot Region. Eligible activities focus on providing financial assistance, business planning, and support services to small businesses and non-profit organizations.

  • Access to term loans and startup funds up to $450,000.
  • Provision of business guarantees or bid bonds.
  • Supply inventory and capital funding for businesses.
  • Business counseling and technical assistance services.
  • Development of comprehensive business plans and monitoring assistance.
  • Support through the Catalyste+ Advisory and Mentorship Program.
  • Bookkeeping services for non-profit and community organizations.

Eligible geographic areas

This grant is available to companies located in specific geographical areas within the Kitikmeot Region of Nunavut. The eligible locations are targeted to support economic development and social well-being.

  • Cambridge Bay
  • Kugluktuk
  • Gjoa Haven
  • Kugaaruk
  • Taloyoak
  • Bay Chimo
  • Bathurst Inlet

Selection criteria

There are evaluation and selection criteria for this grant. Applications will be assessed based on the following criteria:

  • Demonstrated need for funding
  • Viability and sustainability of the proposed project
  • Potential impact on the community
  • Applicant's capacity to successfully carry out the project

How to apply

1

Download Application Form

  • Visit the official Kitikmeot Community Futures Inc. website or the specific section for grants and assistance.
  • Download the application form for the specific assistance you are applying for.
2

Complete Application Form

  • Fill out all required sections of the application form accurately with personal, business, and project details.
  • Ensure all entries are clear and legible, and all required fields are properly completed.
3

Prepare Supporting Documents

  • Gather any required supporting documents such as business plans, financial statements, and identification documents.
  • Follow any specific guidelines on document types and details that need to be included.
4

Review Application

  • Carefully review the completed application form and all supporting documents.
  • Ensure there are no errors, and that all required information is included.
5

Submit Application

  • Submit the application form and all supporting documents as instructed, either in person at the Kitikmeot Community Futures Inc. office or through email as specified in the application instructions.
  • Contact the office if submission methods are unclear or if you require assistance.
6

Confirmation

  • Await confirmation of receipt of your application.
  • Retain any confirmation details for your records and any future correspondence.

Additional information

Here are additional relevant details for this grant:

  • KCFI offers a range of services that could support grant applicants, such as bookkeeping services, advisory and mentorship programs, and resources for Indigenous women entrepreneurs.
  • The organization also provides substantial loan options, which could complement grant funding for business initiatives.
  • A Business Service Centre is available to assist with various administrative and business startup tasks.
  • KCFI hosts events such as the Annual General Meeting, which could be networking opportunities for grant applicants.

Contacts

mepp@kcfi.ca
867-983-7383
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Frequently Asked Questions about the KCFI – Cambridge Bay, Nunavut Program

Here are answers to the most common questions about the KCFI – Cambridge Bay, Nunavut. 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 KCFI – Cambridge Bay, Nunavut?

How much funding can be received?

Who is eligible for the KCFI – Cambridge Bay, Nunavut program?

What expenses are eligible under KCFI – Cambridge Bay, Nunavut?

Who can I contact for more information about the KCFI – Cambridge Bay, Nunavut?

Where is the KCFI – Cambridge Bay, Nunavut available?

Is the KCFI – Cambridge Bay, Nunavut a grant, loan, or tax credit?

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