How much funding can be received?

Associations, band and community councils can apply for up to $25,000 in financial assistance for feasibility plans, infrastructure development, industry strategic plans, events and more.

grant_single_labels|terms_and_conditions

This grant provides financial assistance to support various economic development activities within local communities, ensuring that key initiatives receive adequate funding to promote regional growth.

Funding up to $25,000 is available for feasibility studies, strategic plans, evaluations, and planning costs related to economic opportunities.
Support for the purchase or development of physical infrastructure where its absence restricts business growth.
Funding for activities that improve access to business information.
Financial assistance to host and promote community-based festivals and events that showcase NWT products or talent, supporting economic development.
Equity requirements vary by community group, with Group 1 communities needing a 30% contribution of project costs and Group 2 communities requiring a 20% contribution.

grant_single_labels|projects

This grant supports community-focused projects designed to stimulate local economies and promote regional development. Eligible activities focus on strategic planning, infrastructure improvement, and hosting events that boost economic opportunities.

Conducting feasibility studies, strategic plans, evaluations, and planning initiatives that explore economic prospects and utilize existing community resources.
Development or acquisition of physical infrastructure to address constraints on business development due to lack of facilities.
Enhancing community access to business information to empower local economic decision-making.
Organizing and promoting community festivals and events that showcase Northwest Territories (NWT) products or talents and serve as key drivers for local economic development.

grant_single|admissibleProjectsExample

$ 22,000

Host a community-based festival highlighting Indigenous culture

$ 23,000

Purchase and develop physical infrastructure for a community center

$ 22,000

Improve access to business information for entrepreneurs

$ 24,000

Conduct an evaluation of the economic impact of the tech sector

$ 20,000

Develop an industry strategic plan for the renewable energy sector

$ 22,000

Conduct a feasibility study for developing a sustainable tourism sector

grant_single_labels|admissibility

Eligibility for this grant is open to specific organizations based in the Northwest Territories (NWT).

The applicant must be an NWT-based association.
The applicant can be a municipality within the NWT.
The applicant may be an Indigenous organization operating in the NWT.

grant_eligibility_criteria|who_can_apply

NWT-based associations, municipalities, and Indigenous organizations are encouraged to apply for funding under the Community Economic Development program.

grant_eligibility_criteria|eligible_expenses

The grant program aims to nurture local economies by investing in projects that leverage community resources and promote regional development. It supports a variety of activities essential for economic growth and community engagement.

Feasibility studies, strategic plans, evaluations, and planning costs that explore economic opportunities and enhance community resources.
The acquisition or enhancement of physical infrastructure where the absence of such assets limits business development.
Initiatives to improve access to business information, aiding communities in making informed economic decisions.
Planning and hosting of community-based events that showcase local products or talents and drive economic development in the region.

grant_eligibility_criteria|zone

This grant is available to NWT-based associations, municipalities, and Indigenous organizations. The eligible areas include specific communities as outlined by the funding body's regional focus in the Northwest Territories.

Yellowknife
Hay River
Fort Smith
Inuvik
All other communities within the Northwest Territories (NWT)

grant_single_labels|criteria

There are evaluation and selection criteria for this grant. The evaluation criteria include feasibility studies, infrastructure development, access to business information, and community-based events, while the selection criteria vary based on community grouping.

Feasibility studies, strategic plans, evaluations, and planning costs
Purchase or further development of physical infrastructure
Improving access to business information
Hosting and promoting community-based festivals and events

grant_single_labels|apply

grant_single_labels|otherInfo

Here are additional relevant details for this grant:

It is advised to contact your regional Economic Development Officer to discuss your project idea before drafting your proposal, which can be crucial for guidance and support.