grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|fromMinToMax
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
  • grant_single|allIndustries
grant_single|grantors
  • Department of Economic Development (YK)
  • Government of Yukon
grant_single|status
grant_card_status|open

grant_single_labels|preview

Get a loan guarantee of up to $100,000 to start or grow a business.

grant_single_labels|projects

New business start-ups and expansions of businesses in Yukon with less than $5 million in gross revenue and less than 100 employees are eligible for this grant.
  • New business start-ups
  • Expansions of businesses in Yukon with less than $5 million in gross revenue
  • Expansions of businesses in Yukon with less than 100 employees
grant_single|admissibleProjectsExample

$75,000

Whitehorse
Opening a new artisanal bakery with specialized equipment and initial inventory

$90,000

Watson Lake
Starting a new indigenous cultural center focusing on arts and crafts workshops

$40,000

Dawson City
Expanding an existing eco-friendly cleaning service with new equipment and marketing

$60,000

Carmacks
Expanding a local organic farm to increase production capacity and market reach

$85,000

Carcross
Launching a tech startup focused on app development and customer acquisition

$95,000

Whitehorse
Starting a new co-working space with comprehensive facilities

grant_single_labels|admissibility

  • New business start-ups; or
  • Expansions of businesses in Yukon that have less than $5 million in gross revenue and less than 100 employees.
  • Eligible businesses must be registered in Yukon and pay Yukon corporate taxes.

grant_eligibility_criteria|who_can_apply

New business start-ups and expansions of businesses in Yukon with less than $5 million in gross revenue and less than 100 employees are eligible for the Yukon Venture Loan Guarantee Program.
  • New business start-ups
  • Expansions of businesses in Yukon

grant_eligibility_criteria|who_cannot_apply

There are specific types of companies that are not eligible for the Yukon Venture Loan Guarantee Program:
  • Businesses with more than $5 million in gross revenue.
  • Businesses with more than 100 employees.

grant_eligibility_criteria|eligible_expenses

Eligible expenses for the Yukon Venture Loan Guarantee Program include:
  • Business start-up costs
  • Expansion expenses
  • Working capital
  • Equipment purchase
  • Inventory costs

grant_single_labels|criteria

There are evaluation and selection criteria for the Yukon Venture Loan Guarantee Program:
  • The viability of the business proposal
  • The applicant's ability to repay the loan
  • The potential economic benefits to Yukon
  • The management experience and skills of the applicant

grant_single_labels|register

  • Step 1: Confirm project qualification
    • Email ecdev@yukon.ca or call 867-456-3803 or 1-800-661-0408, ext. 3803 for inquiries.
  • Step 2: Approach participating financial institution
    • Visit a participating financial institution for detailed information and application process.
  • Step 3: Submit application
    • Complete and submit your application to the chosen financial institution.

grant_single_labels|contact

ecdev@yukon.ca
867-456-3803
Apply to this program