Support for Entrepreneurs and Economic Development (SEED) — Sector Research Support
NT, Canada
Funding for strategic sector research in the Northwest Territories
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateApril 1, 2023
- grant_single|closingDateMarch 31, 2024
- grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Utilities
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Arts, entertainment and recreation
- Accommodation and food services
grant_single|grantors
- Minister of Industry, Tourism and Investment (NT)
- Government of the Northwest Territories
grant_single|status
grant_card_status|closed
grant_single_labels|preview
Receive up to $25,000 to develop new products or packages, or to work on enhancing your organization's strategic advantage in priority sectors.
grant_single_labels|terms_and_conditions
This grant offers support for sector-specific initiatives by providing financial assistance to enhance industry understanding and development potential. The funding approach ensures that research and marketing efforts are well-backed to foster sector advancements.
- Provision of up to $25,000 for sector-specific research or planning that aids in the sector's growth or attractiveness to investors.
- Financial support for investment in sector-specific product development and marketing campaigns.
- Funding is distributed based on a cost-sharing model with equity requirements set at 30% for Group 1 communities and 20% for Group 2 communities.
- The grant period spans from April 1 to March 31 each year.
grant_single_labels|projects
This grant provides financial assistance to business associations and communities in the NWT to support research and expansion activities that enhance their presence in specific sectors. Eligible projects aim to leverage sector-specific knowledge and marketing initiatives to attract investment and boost sector development.
- Conducting sector-specific research or planning to provide critical information for sector development and investment attraction.
- Investing in product development and related packaging materials tailored to a specific sector.
- Implementing sector-specific marketing campaigns to increase visibility and attract investment.
grant_single|admissibleProjectsExample
$ 25,000
Research on the impact of tech startups in local economy
$ 25,000
Development of a new tourism package focusing on eco-adventures
$ 25,000
Enhancing renewable energy capacity for a small-town grid
$ 25,000
Investment in post-production facilities for the local film industry
$ 25,000
Modernizing fishing equipment for sustainable operations
$ 25,000
Developing an advanced irrigation system for sustainable agriculture
grant_single_labels|admissibility
Eligibility for this grant is determined by specific criteria related to the applicant's sector involvement and organizational type.
- The applicant must be a business, Indigenous organization, business association, or municipality located in the Northwest Territories (NWT).
- Applicants for the Capital Expansion Incentive category must be NWT businesses.
- Applicants for the Sector Research Support category must be Indigenous organizations, business associations, or municipalities.
- All applicants must be involved in one of the following sectors: Agriculture, Energy, Film, Fishing, Knowledge Economy, Tourism, or Value-added Manufacturing.
grant_eligibility_criteria|who_can_apply
NWT Businesses can apply to the Capital Expansion Incentive category while Indigenous organizations, business associations, and municipalities can apply to the Sector Research Support category.
grant_eligibility_criteria|eligible_expenses
The grant program offers sector-specific funding for businesses and associations in the Northwest Territories to enhance their capital infrastructure and support sector-oriented research. Eligible projects involve expanding facilities, purchasing new equipment, and conducting vital sector research or marketing initiatives.
- Investment in new or expanded facilities and equipment for NWT businesses as part of the Capital Expansion Incentive.
- Offsetting loan interest associated with new capital purchases aimed at business expansion.
- Conducting sector-specific research or planning to aid business development and attract investments within a sector.
- Investments in sector-specific product development, including packaging materials and sector-specific marketing campaigns.
grant_eligibility_criteria|zone
This grant primarily supports businesses, associations, and municipalities within the Northwest Territories (NWT). Eligible locations include communities within the specified geographical divisions of NWT.
- Group 1 communities: Yellowknife, Hay River, Fort Smith, and Inuvik.
- Group 2 encompasses all other NWT communities.
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. Applicants will be assessed based on the following criteria:
- Alignment with designated sectors
- Demonstrated need for funding
- Potential impact on the sector
- Equity requirements
- Completeness of application
grant_single_labels|register
- Step 1: Initial Consultation
- Contact your regional Economic Development Officer to discuss your project idea.
- Seek advice and ensure your project aligns with the sector support criteria.
- Step 2: Prepare Application Documents
- Download the SEED Application Form from the official website.
- Review the SEED Policy to understand the terms and guidelines.
- Check the application checklist to collect all necessary documents and information.
- Step 3: Complete Application Form
- Fill in the application form with detailed information about your project.
- Attach all required documents as per the checklist.
- Step 4: Submit Application
- Submit the completed application form and documents to your regional office.
- Ensure you meet the deadline for annual submissions, from April 1 to March 31st.
grant_single_labels|otherInfo
Additional relevant details for this grant are not specified in the given context.
grant_single_labels|contact
867-687-8023
