Small Business Support Program — Sustainable Livelihood Fund
NU, Canada
Funds for tourism, arts & crafts and harvesting sectors in Nunavut
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateNovember 1, 2021
- grant_single|closingDateMarch 31, 2022
- grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Retail trade
- Arts, entertainment and recreation
- Accommodation and food services
- Other services (except public administration)
- Public administration
grant_single|grantors
- Department of Economic Development and Transportation (NU)
- Government of Nunavut
grant_single|status
grant_card_status|closed
grant_single_labels|preview
Get a contribution of up to $5,000 per application, to a lifetime maximum of $10,000, for activities you undertake in your tourism, arts & crafts or harvesting business.
grant_single_labels|projects
The Sustainable Livelihood Fund aims to bolster the economic resilience of small enterprises in the tourism, arts & crafts, and harvesting sectors by supporting essential operational needs. This can involve addressing immediate legal or bookkeeping challenges, procuring necessary equipment, and covering important insurance costs.
- Assistance to overcome immediate legal or bookkeeping problems.
- Support for the purchase of tools and other minor capital items.
- Coverage for tourism operators' liability insurance expenses.
grant_single|admissibleProjectsExample
$ 5,000
Launch an eco-friendly craft store with reusable materials
$ 5,000
Expand local arts center to include a community gallery
$ 5,000
Establish a local heritage museum focusing on Indigenous culture
$ 5,000
Expand a family-owned harvesting business with new equipment
$ 5,000
Attract new tourists by creating guided walking tours
$ 5,000
Launch a sustainable tour guide service targeting eco-tourists
grant_single_labels|admissibility
This grant is aimed at supporting small businesses and entrepreneurs, with specific criteria defining eligibility.
- The applicant must be a business or entrepreneur with less than $500,000 in gross sales.
- The business must employ fewer than ten employees.
- Eligible applicants include those in sectors such as arts, crafts, retail, tourism, and harvesting.
- Applicants must be in good standing with no outstanding obligations to the Department of Economic Development and Transportation.
grant_eligibility_criteria|who_can_apply
Small businesses, community organizations, and individuals with less than $500,000 in gross sales or fewer than ten employees are eligible for the Small Business Support Program grant in Nunavut.
- Small businesses
- Community organizations
- Individuals
- Businesses from all sectors including artists, craftspeople, retail, tourism, and harvesters
grant_eligibility_criteria|who_cannot_apply
The eligibility criteria provided for the Small Business Support Program does not specify certain types of companies or industries that are excluded. However, businesses should meet the entry requirements described to qualify for the grant.
grant_eligibility_criteria|eligible_expenses
The grant covers specific business relief expenses.
- Insurance or licensing fees.
- Office rentals.
- Utilities.
- Non-refundable business expenses for goods that are unusable due to the pandemic.
grant_eligibility_criteria|zone
This grant can be applied to by businesses located in Nunavut. Local community economic development offices are available for submission of applications in specific regions within Nunavut.
- Kitikmeot region
- Kivalliq region
- North Baffin region
- South Baffin region
grant_single_labels|criteria
There are evaluation and selection criteria for the Small Business Support Program grant in Nunavut:
- Applicants must have less than $500,000 in gross sales or fewer than ten employees.
- Applicants must be in good standing and have no outstanding accounting or other contractual obligations with the Department of Economic Development and Transportation.
- Business relief funding is available for eligible expenses incurred between November 1, 2021, and March 31, 2022.
- The funding may not be used for lost income or revenue, tax remittances, or loan payments.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Review Eligibility Criteria
- Ensure your business or organization meets the eligibility criteria including gross sales and number of employees.
- Verify that you are in good standing without any outstanding obligations with the Department of Economic Development and Transportation.
- Check that your expenses fall within the eligible categories outlined.
- Step 2: Prepare Application Package
- Complete the Small Business Support Program Application form.
- Prepare a short explanation detailing how the pandemic has affected your business.
- Step 3: Submit Application Package
- Submit the completed application package to your local Community Economic Development Officer (if available) or the relevant Regional Community Operations Office.
- Ensure the submission is completed before the deadline of March 31, 2022.
- Step 4: Await Confirmation
- After submission, wait for confirmation of receipt from the Community Economic Development Office.
- Keep any communications for future reference.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- Funding may not cover tax remittances, loan payments, or owner drawings.
- There are additional funding opportunities available through the Grants and Contributions Policy, including funds specifically designed for the development of business and marketing plans, training, and the acquisition of minor capital items.
- Applications must be submitted by March 31, 2022, implying a strict application deadline.
- Applicants must utilize local Community Economic Development Officers or Regional Community Operations Offices for submission.
grant_single_labels|contact
867-982-7445
