
Northern Indigenous Economic Opportunities Program (NIEOP) — Entrepreneurship and Business Development
- Open continuously
Overview
Get a financial contribution to cover up to 90% of eligible costs when your Indigenous-led organization undertakes a project to expand your business in one of the 3 northern territories.
At a glance
Funding available
- Develop strategic partnerships
- No Condition
- Open continuously
Eligible candidates
- All industries
- Northwest Territories, Nunavut, Yukon
- For-profit business
- Sole proprietorship
- All revenue ranges
- All organization sizes
- Indigenous Peoples
- Rural or Northern Residents
Next steps
Activities funded
This program is aimed at supporting Indigenous entrepreneurs and businesses to establish or grow their operations. It focuses on enhancing economic opportunities and access to capital in Indigenous communities across the Northern territories.
- Support for business plan development and strategic planning initiatives.
- Provision of funding for business expansion and startup costs.
- Facilitation of market research and feasibility studies for new business ventures.
- Access to mentorship and advisory services to strengthen business acumen.
- Development of training programs tailored to Indigenous business needs and skills enhancement.
Eligibility
Who is eligible?
Indigenous entrepreneurs and Indigenous businesses seeking to establish or grow their operations, with support from regional Service Delivery Partners (SDPs) to facilitate access to capital and local economic opportunities in the northern territories of Canada.Who is not eligible
Some types of companies may not be eligible for this grant:
- Non-Indigenous businesses
- Companies operating outside of the territories (Nunavut, Northwest Territories, Yukon)
- Businesses not focused on Indigenous entrepreneurship or development
Eligible expenses
The Entrepreneurship and Business Development (EBD) Program aims to support the growth and establishment of Indigenous businesses. Activities eligible for this grant focus on enhancing business capacity and facilitating economic opportunities.
- Business planning and management skills development.
- Marketing and market development initiatives.
- Access to business financing and capital resources.
- Support for business infrastructure and technology adoption.
- Training and mentorship programs for Indigenous entrepreneurs.
Eligible geographic areas
This grant is available to companies located in the territories served by CanNor's regional Service Delivery Partners (SDPs). It focuses on enhancing Indigenous entrepreneurship across specific Northern regions.
- Businesses located in Nunavut (Qikiqtaaluk) under the Kakivak Association.
- Enterprises in Nunavut (Kivalliq) within the Kivalliq Inuit Association region.
- Companies based in the Northwest Territories served by the Metis Dene Development Fund.
- Organizations in Yukon affiliated with däna Näye Ventures.
Additional information
Here are additional relevant details for potential applicants of the Entrepreneurship and Business Development (EBD) Program:
- The program may be delivered by regional Service Delivery Partners (SDPs), thereby increasing local and regional access to the program.
- Applicants should connect with one of the CanNor approved SDPs for assistance with their project funding applications.
Contacts
Frequently Asked Questions about the Northern Indigenous Economic Opportunities Program (NIEOP) — Entrepreneurship and Business Development Program
What is the Northern Indigenous Economic Opportunities Program (NIEOP) — Entrepreneurship and Business Development?
Who is eligible for the Northern Indigenous Economic Opportunities Program (NIEOP) — Entrepreneurship and Business Development program?
What expenses are eligible under Northern Indigenous Economic Opportunities Program (NIEOP) — Entrepreneurship and Business Development?
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Is the Northern Indigenous Economic Opportunities Program (NIEOP) — Entrepreneurship and Business Development a grant, loan, or tax credit?
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