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Support for Entrepreneurs and Economic Development (SEED) — Community Economic Development
NT, Canada
Funding for economic initiatives in the Northwest Territories
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateApril 1, 2024
- grant_single|closingDateMarch 31, 2025
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Minister of Industry, Tourism and Investment (NWT)
- Government of the Northwest Territories
grant_single|status
grant_card_status|open
grant_single_labels|preview
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|register
- Step 1: Preliminary Discussion
- Contact your regional Economic Development Officer to discuss your project idea.
- Receive guidance on proposal development and eligibility criteria.
- Step 2: Complete Application Form
- Download and complete the SEED Application Form available on the program's website.
- Prepare all supporting documents as specified in the application checklist.
- Step 3: Submitting the Application
- Submit the completed application form along with all required documents to your regional office.
- Ensure submission is made before the funding period closes on March 31st.
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.
grant_single_labels|contact
867-587-7171