Territories Resources

Akaitcho Business Development Corporation (ABDC)

Office Locations	Yellowknife
Mailing Address	P.O. Box 427, Yellowknife, NT X1A 2N3
Phone Number	(867) 920-2505
Email	akaitcho@akaitchobdc.com
Fax Number	(867) 920-0363

Financial Offerings

1. Loan

   • Maximum loan amount of $200,000.

2. Indigenous Women Entrepreneurs Micro-Loan

   • This program provides repayable micro-loans up to $20,000 plus a non-repayable contribution (when available).

3. Women Entrepreneur Loan Fund

   • Maximum loan amount of $50,000.
   • Offered to Indigenous businesses that are over 50% women owned. 

 

Deh Cho Business Development Centre (DCBDC)

Office Locations	Fort Simpson
Mailing Address	P.O. Box 238, Fort Simpson, NT X0E 0N0
Phone Number	(867) 695-2441
Email	info@dcbdc.ca
Fax Number	(306) 695-2052

Financial Offerings

1. Loan Financing

   • Maximum loan amount of $200,000.
   • Loan term available is 5-10 years.
   • Provide at least 5% towards the cost of non-working capital project costs.

 

NWT Métis-Dene Development Fund (MDDF)

Office Locations	Yellowknife
Mailing Address	P.O. Box 1405, 4908 50th Street, Yellowknife, NT X1A 2P1
Phone Number	(867) 873-9341
Email	admin@mddf.ca

Financial Offerings

1. MDDF Repayable Term and Working Capital Loans

   • Maximum loan amount of $100,000.
   • Term loan of 5 years.

2. Indigenous Women in Entrepreneurship (IWE) Micro-loan program

   • Interest-bearing loans for large-scale business initiatives.

3. Women's Micro-Loan and Grant Program

   • Maximum loan amount of $20,000.
   • Must have a majority (51%) equity share in the ownership of the business.
   • Minimum of five percent (5%) cash equity or in-kind contribution.

To view the applications, click here. 

 

Sahtu Business Development Centre

Office Locations	Norman Wells
Mailing Address	301- 5109 48 Street, Yellowknife, NT X1A 1N5
Phone Number	(867) 587-2016
Email	sahtubdc@outlook.com
Fax Number	(867) 587-2407

Financial Offerings

1. The Sahtu Business Development Centre is funded through the Community Futures program. They provide business loans to qualified applicants, and provide small business counseling and advisory services.

Contact the office for more information. 

 

Thebacha Business Development Services (TBDS)

Office Locations	Fort Smith
Mailing Address	66 Portage Avenue P.O. Box 25, Fort Smith, NT
Phone Number	(867) 872-2795
Email	tbdsmanager@gmail.com

Financial Offerings

1. Small Business Loan

   • Maximum loan amount is $200,000.
   • Term loan is 5 years.
2. Investment Fund
   • Maximum loan amount is $75,000.

 

NWT Métis-Dene Development Fund (MDDF)

1. Entrepreneurship and Business Development (EBD) Contribution Program
   • Up to $99,999 is available.
   • Required to provide10% equity to the project.

Atuqtuarvik Corporation

Office Locations	Rankin Inlet
Mailing Address	102-61 Tupirvik Ave, Box 900, Rankin Inlet, NU X0C 0G0
Phone Number	(867) 645-5900   Toll-Free: (888) 645-5901
Email	contact@atuqtuarvik.com
Fax Number	(867) 645-5910

Financial Offerings

1. Loan

   • Loan amounts range from $150,000 to $3,000,000.
   • Loan amount depends on the percentage of Inuit ownership.
   • Loan term is 1-5 years.
   • Verification of Inuit Firm Status is required to be eligible. 
   • Must be Nunavut based to be eligible.

 

Baffin Business Development Corporation (BBDC)

Office Locations	Iqaluit
Mailing Address	1104 B Inuksugait Plaza II, Box 1480, Iqaluit, NU X0A 0H0
Phone Number	(867) 979-1303  Toll-Free: 1 (800) 263-2232
Email	info@baffinbdc.ca
Fax Number	(867) 979-1508

Financial Offerings

1. Financial Offerings

   • Provides loans for the purposes of business start-up, business expansion and business acquisition.
   • Eligible projects must be commercially viable, based in the Baffin region and create benefits such as jobs and increased business revenues and assets.

 

Kakivak Association

Office Locations	Iqualuit
Mailing Address	Parnaivik Building 924, P.O. Box 1419, Iqaluit, NU, X0A 0H0
Phone Number	(867) 979-0911  Toll-Free: 1 (800) 561-0911
Email	info@kakivak.ca
Fax Number	(867) 979-3707

Financial Offerings

1. Makigiaqvik Loans

   • Maximum loan amount of $50,000 in secured term loans with a fixed interest rate of 8.5%.
   • Repayment schedules up to 7 years.

 

Kitikmeot Community Futures Inc. (KCFI)

Office Locations	Cambridge Bay
Mailing Address	16 Koihok Maghagak PO Box 1331 Cambridge Bay, NU X0B 0C0
Phone Number	(867) 983-7383  Toll-Free: 1 (888) 886- 0260
Email	mepp@kcfi.ca
Fax Number	(867) 983-7380

Financial Offerings

1. Term Loans

   • Maximum loan amount of $450,000 for: 

     • Term loans
     • Guarantees/bid bonds
     • Startup funds
     • Inventory supply
     • Capital funds
     • Business counseling and technical assistance
     • Business planning and monitoring assistance
     • Line of Credit

2. Indigenous Women Entrepreneurshp (IWE) Micro-Loan Program

   • Combination of repayable and non-repayable contributions to start or grow your business.
   • Maximum loan amount of $20,000.

 

Kivalliq Business Development Centre

Office Locations	Rankin Inlet
Mailing Address	Box 328, Rankin Inlet, NU X0C0G0
Phone Number	(867) 645-4580
Email	dgibbons@kbdc.ca
Fax Number	(867) 645-4546

Financial Offerings

1. Business Loan

   • Up to $150,000 for:

     • Term loans
     • Guarantees/bid bonds
     • Startup funds
     • Inventory supply
     • Capital funds
     • Business counseling and technical assistance
     • Business planning and monitoring assistance
     • Line of Credit

Kakivak Association

1. Sivummut Grants to Small Businesses

   • Pre-startup: Up to $5,000.
   • Startup: Up to $10,000.
   • Expansion: Up to $10,000.
   • Total: Maximum of $25,000 per business.

2. Small Tool Grants

   • Carving Tools: Up to $1,000 (once every five years).
   • Sewing Machines: Up to $2,500 (once per lifetime).

3. Economic Opportunity Fund (EOF)

   • Up to $10,000 per eligible applicant and project.
   • Eligible communities: Grise Fiord, Resolute Bay, Arctic Bay, Pond Inlet, Qikiqtarjuaq, and Pangnirtung.
   • Projects: New equipment, safety gear, marketing initiatives.

For more information, click here.

Däna Näye Ventures

Office Location(s)	Whitehorse
Mailing Address	409 Black Street Whitehorse, Yukon, Y1A 2N2
Phone Number	(867) 668-6925  Toll-Free: 1 (800) 661-0448
Email	dnv@dananaye.com
Fax Number	(867) 668-3127

Financial Offerings

1. DNV Loan Funds

   • Administers various loan funds that are available to all qualified entrepreneurs in its lending territory (including Northern BC residents).

2. Yukon Micro Loan Program 

   • $4,000 for a first loan to individuals who want to start, maintain or expand small businesses.
   • Loan terms range from six months to three and a half years.

3. Indigenous Women Entrepreneur (IWE) 

   • IWE Provides support for all women who reside in Northern British Columbia or the Yukon who are of Indigenous descent are welcome to be apart of the program.

4. Entrepreneurship and Business Development Program

   • Provides financing for small and medium-sized individually-owned Indigenous businesses and for community-based projects.
   • Contributions of up $99,999 are available for individuals.
   • Cash equity requirement must be at least 10% of total project costs.

5. Yukon First Nations Implementation Fund 

   • The Fund makes investments between $5,000 and $100,000 in Yukon First Nation businesses.
   • The money may be used by approved applicants to help start, buy or expand businesses.