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Support for Entrepreneurs and Economic Development (SEED) — Micro-business
Funding for NWT micro-business projects
Last Update: March 6, 2026
Funding available
$ 6,000
Timeline
- Open Date : April 1, 2023
- Closing date : March 31, 2024
Location
Northwest Territories, Canada
Overview
Micro-businesses in the Northwest Territories can receive up to $6,000 over three years. Funding supports tools, equipment, prospecting supplies, and other self-employment activities.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Reduce environmental footprint
Eligible Funding
- Maximum amount : 6,000 $
- Up to 30% of project cost
Timeline
- Open Date : April 1, 2023
- Closing date : March 31, 2024
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Arts, entertainment and recreation
Location
- Northwest Territories
Legal structures
- For-profit business
- 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
- Traditional harvesting activities
- Prospecting activities
- Other self-employment activities
Documents Needed
- Completed application form
- Project proposal or business plan
- Project cost quotations
- Financial statements or equivalent
- Proof of six months residency
Eligibility
Who is eligible?
- NWT residents
- Entrepreneurs
- Small businesses
- Commercial renewable resource harvesters
Eligible expenses
- Tools and equipment for traditional economy production
- Raw materials for traditional arts and crafts
- Filmmaking equipment
- Prospecting supplies and equipment
- Other expenses directly related to prospecting or self-employment
Eligible geographic areas
- Northwest Territories
- Yellowknife
- Hay River
- Fort Smith
- Inuvik
Processing and Agreement
- Applicants are encouraged to discuss the idea with the regional Economic Development Officer before applying.
- The completed application must be submitted to the regional office.
Additional information
There are specific considerations and potential benefits associated with the Micro Business program grant.
- A maximum of $6,000 can be provided, which can be drawn over a period of three years.
- The grant can cover four key categories related to production and equipment purchase.
- Equity requirements vary by community group, demonstrating flexibility for communities with differing economic standings.
- The program accepts sweat equity in certain circumstances, adding flexibility for applicants.
Contacts
Frequently Asked Questions about the Support for Entrepreneurs and Economic Development (SEED) — Micro-business Program
Here are answers to the most common questions about the Support for Entrepreneurs and Economic Development (SEED) — Micro-business. 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 Support for Entrepreneurs and Economic Development (SEED) — Micro-business?
Micro-businesses in the Northwest Territories can receive up to $6,000 over three years. Funding supports tools, equipment, prospecting supplies, and other self-employment activities.
How much funding can be received?
Support for Entrepreneurs and Economic Development (SEED) — Micro-business Funds up to 30% of admissible expenses, capped at $6,000 per project.
What is the deadline to apply?
The application deadline for this grant program was March 31, 2024.
Who is eligible for the Support for Entrepreneurs and Economic Development (SEED) — Micro-business program?
To be eligible for the Support for Entrepreneurs and Economic Development (SEED) — Micro-business program, you must:
NWT resident applicants
Entrepreneurs and small businesses
Traditional harvesting or self-employment
What expenses are eligible under Support for Entrepreneurs and Economic Development (SEED) — Micro-business?
Traditional harvesting activities
Prospecting activities
Other self-employment activities
Who can I contact for more information about the Support for Entrepreneurs and Economic Development (SEED) — Micro-business?
You can contact Government of the Northwest Territories (GNWT) or by phone at 867-587-7171.
Where is the Support for Entrepreneurs and Economic Development (SEED) — Micro-business available?
The Support for Entrepreneurs and Economic Development (SEED) — Micro-business program is available the province of Northwest Territories.