Open
Kivalliq Business Development Centre
Financing and business guidance in the Kivalliq region
Last Update: March 24, 2026
Funding available
$ 150,000
Timeline
- Open continuously
Location
Nunavut, Canada
Overview
Access loan funds and assistance to develop your business activities and community-based projects.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Reduce environmental footprint
- Access new markets
- Launch or market a product/service
Eligible Funding
- Maximum amount : 150,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Nunavut
Legal structures
- For-profit business
- Social economy enterprise
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
The Kivalliq Business Development Centre offers financial assistance and support to businesses in the Kivalliq region in Nunavut. These initiatives aim to foster community economic development and enhance the business landscape through diverse support services.
- Provision of term loans for new and existing businesses.
- Issuance of guarantees and bid bonds for business projects.
- Startup funds to assist new businesses in their initial phase.
- Financing for inventory supply to support ongoing business operations.
- Access to capital funds for business expansion or development.
- Business counseling and technical assistance to enhance business capabilities.
- Business planning and monitoring assistance to ensure growth and compliance with goals.
- Line of Credit facilities for flexible financial management.
Eligibility
Who is eligible?
Eligible applicants for funding from the Kivalliq Business Development Centre must be businesses that demonstrate potential community and social benefits while supporting economic development in the Kivalliq Region.
Eligible expenses
Kivalliq Business Development Centre offers various funding programs for businesses in the Kivalliq region. The eligible projects and activities are focused on providing financial support and assistance to new and existing businesses for growth and community development.
- Obtaining term loans for business expansion and development.
- Accessing guarantees or bid bonds for commercial ventures.
- Securing startup funds for new business initiatives.
- Procuring inventory supply to support business operations.
- Acquiring capital funds for business infrastructure.
- Receiving business counseling and technical assistance.
- Engaging in business planning and monitoring support services.
- Utilizing a line of credit for financial flexibility.
Eligible geographic areas
This grant supports companies in the Kivalliq region to ensure economic development and stability. The eligible areas are selected based on their geographical location within this region.
- Baker Lake
- Coral Harbour
- Chesterfield Inlet
- Rankin Inlet
- Whale Cove
- Arviat
- Naujaat (Repulse Bay)
Frequently Asked Questions about the Kivalliq Business Development Centre Program
Here are answers to the most common questions about the Kivalliq Business Development Centre. 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 Kivalliq Business Development Centre?
Access loan funds and assistance to develop your business activities and community-based projects.
How much funding can be received?
Kivalliq Business Development Centre Funds up to $150,000 of admissible expenses.
Who is eligible for the Kivalliq Business Development Centre program?
To be eligible for the Kivalliq Business Development Centre program, you must:
The business must be located in the Kivalliq region, including Baker Lake, Coral Harbour, Chesterfield Inlet, Rankin Inlet, Whale Cove, Arviat, and Naujaat (Repulse Bay).
The business must demonstrate social and community benefits in addition to potential profits.
What expenses are eligible under Kivalliq Business Development Centre?
The Kivalliq Business Development Centre offers financial assistance and support to businesses in the Kivalliq region in Nunavut. These initiatives aim to foster community economic development and enhance the business landscape through diverse support services. Provision of term loans for new and existing businesses.
Issuance of guarantees and bid bonds for business projects.
Startup funds to assist new businesses in their initial phase.
Financing for inventory supply to support ongoing business operations.
Access to capital funds for business expansion or development.
Business counseling and technical assistance to enhance business capabilities.
Business planning and monitoring assistance to ensure growth and compliance with goals.
Line of Credit facilities for flexible financial management.
Who can I contact for more information about the Kivalliq Business Development Centre?
You can contact Kivalliq Business Development Centre (KBDC).
Where is the Kivalliq Business Development Centre available?
The Kivalliq Business Development Centre program is available the province of Nunavut.
Is the Kivalliq Business Development Centre a grant, loan, or tax credit?
Kivalliq Business Development Centre is a Expert Advice