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Support for Entrepreneurs and Economic Development (SEED) — Strategic Investments
Money for strategic projects in Northwest Territories
Last Update: March 6, 2026
Funding available
$ 75,000
Timeline
- Open Date : April 1, 2023
- Closing date : March 31, 2024
Location
Northwest Territories, Canada
Overview
Access up to $75,000 to make large investments in your company in order to expand and grow your business and partake in major economic development projects that meet established criteria.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase social or community impact
- Develop strategic partnerships
Eligible Funding
- Maximum amount : 75,000 $
- Up to 30% of project cost
Timeline
- Open Date : April 1, 2023
- Closing date : March 31, 2024
Eligible candidates
Eligible Industries
- All industries
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
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
The SEED — Strategic Investments grant assists NWT businesses in making significant investments to expand and grow by directly benefiting local communities. Eligible projects focus on increasing business activities and enhancing employment opportunities.
- Investments that directly increase business and economic activity in the local community or communities.
- Investments that directly result in increased employment outcomes in the local community or communities.
- Projects that leverage funding sources outside the Government of Northwest Territories (GNWT).
- Investments consistent with Department strategies and/or regional economic development plans.
Eligibility
Who is eligible?
The Strategic Investments program is specifically designed for businesses located in the Northwest Territories (NWT) of Canada. This program targets NWT businesses that seek to make significant investments to expand and grow their business operations.Eligible expenses
The Strategic Investments program supports large investments made by NWT businesses to boost economic activity and employment in local communities. Projects that prioritize technology and innovation are given precedence.
- Projects that directly increase the business and economic activity of the local community, or communities.
- Initiatives that directly result in increased employment outcomes in the local community, or communities.
- Investments that leverage funding sources outside the Government of Northwest Territories.
- Projects that align with Department strategies and/or regional economic development plans.
Eligible geographic areas
This grant is specifically available to businesses operating in the Northwest Territories (NWT). Eligibility is based on the business's location within this particular region.
- Yellowknife
- Hay River
- Fort Smith
- Inuvik
- All other communities within the Northwest Territories
Additional information
Here are additional relevant details for this grant:
- The application period starts on April 1 and ends on March 31 annually, allowing businesses to plan submissions within this timeframe.
- It is recommended to have a discussion with a regional Economic Development Officer, which may provide valuable insights and additional support.
- A minimum equity requirement varies by community, potentially affecting the overall project budget.
Contacts
Frequently Asked Questions about the Support for Entrepreneurs and Economic Development (SEED) — Strategic Investments Program
Here are answers to the most common questions about the Support for Entrepreneurs and Economic Development (SEED) — Strategic Investments. 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) — Strategic Investments?
Access up to $75,000 to make large investments in your company in order to expand and grow your business and partake in major economic development projects that meet established criteria.
How much funding can be received?
Support for Entrepreneurs and Economic Development (SEED) — Strategic Investments Funds up to 30% of admissible expenses, capped at $75,000 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) — Strategic Investments program?
To be eligible for the Support for Entrepreneurs and Economic Development (SEED) — Strategic Investments program, you must:
Applicants must be businesses located in the Northwest Territories (NWT).
Businesses should seek to make substantial investments to expand and grow.
What expenses are eligible under Support for Entrepreneurs and Economic Development (SEED) — Strategic Investments?
The SEED — Strategic Investments grant assists NWT businesses in making significant investments to expand and grow by directly benefiting local communities. Eligible projects focus on increasing business activities and enhancing employment opportunities. Investments that directly increase business and economic activity in the local community or communities.
Investments that directly result in increased employment outcomes in the local community or communities.
Projects that leverage funding sources outside the Government of Northwest Territories (GNWT).
Investments consistent with Department strategies and/or regional economic development plans.
Who can I contact for more information about the Support for Entrepreneurs and Economic Development (SEED) — Strategic Investments?
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) — Strategic Investments available?
The Support for Entrepreneurs and Economic Development (SEED) — Strategic Investments program is available the province of Northwest Territories.