Open
KCFI – Cambridge Bay, Nunavut
Business financing and support in Kitikmeot
Last Update: March 4, 2026
Funding available
$ 450,000
Timeline
- Open continuously
Location
Nunavut, Canada
Overview
Loans of up to $450,000 are available to support business development in the Kitikmeot Region. Funding can be used for term loans, guarantees, startup funds, inventory supply, capital funds, business counseling, business planning and monitoring, and lines of credit.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Develop workforce skills
- Start a business
Eligible Funding
- Maximum amount : 450,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Nunavut
Legal structures
- Non-profit
- Sole proprietorship
- Public or Parapublic institution
- For-profit business
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
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Term loan, guarantee, startup fund, and line of credit financing.
- Business counseling, technical assistance, planning, and monitoring support.
- Bookkeeping services for small businesses and community organizations.
- Advisory and mentorship support for entrepreneurs.
Documents Needed
- Completed loan application form.
- Business plan.
- Declaration of applicant.
- Application information and ownership details.
Eligibility
Who is eligible?
- Small businesses.
- Non-profit organizations.
- Community organizations.
Eligible expenses
- Term loans, startup funds, inventory supply, and capital funds.
- Guarantees and bid bonds.
- Business counseling, technical assistance, planning, and monitoring.
- Line of credit support.
Eligible geographic areas
- Cambridge Bay
- Kugluktuk
- Gjoa Haven
- Kugaaruk
- Taloyoak
- Bay Chimo
- Bathurst Inlet
Processing and Agreement
- The application must be completed and submitted for review.
- KCFI may inspect books, accounts, records, and project premises to evaluate the application.
- Applicants must provide information needed for credit checks and assessment.
- Applicants may be asked to confirm that the project complies with applicable laws.
Additional information
- KCFI offers bookkeeping, advisory, and mentorship services.
- A Business Service Centre is available for business support and administrative tasks.
- Application forms and a business plan template are available for download.
Contacts
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?
Loans of up to $450,000 are available to support business development in the Kitikmeot Region. Funding can be used for term loans, guarantees, startup funds, inventory supply, capital funds, business counseling, business planning and monitoring, and lines of credit.
How much funding can be received?
KCFI – Cambridge Bay, Nunavut Funds up to $450,000 of admissible expenses.
Who is eligible for the KCFI – Cambridge Bay, Nunavut program?
To be eligible for the KCFI – Cambridge Bay, Nunavut program, you must:
Business in the Kitikmeot Region.
For community economic development.
Non-profits, small businesses, and community organizations.
What expenses are eligible under KCFI – Cambridge Bay, Nunavut?
Term loan, guarantee, startup fund, and line of credit financing.
Business counseling, technical assistance, planning, and monitoring support.
Bookkeeping services for small businesses and community organizations.
Advisory and mentorship support for entrepreneurs.
Who can I contact for more information about the KCFI – Cambridge Bay, Nunavut?
You can contact Kitikmeot Community Futures Incorporated (KCFI) by email at mepp@kcfi.ca or by phone at 867-983-7383.
Where is the KCFI – Cambridge Bay, Nunavut available?
The KCFI – Cambridge Bay, Nunavut program is available the province of Nunavut.
Is the KCFI – Cambridge Bay, Nunavut a grant, loan, or tax credit?
KCFI – Cambridge Bay, Nunavut is a Expert Advice