Funding for small businesses: Northern Canada

A view of a city in Northern Canada where buildings sit alongside a bay

Check out all the grants and subsidies available for small and medium-sized businesses in Yukon, Northwest Territories and Nunavut.

Northwest Territories Business Development Project Fund (BDPF)


There are two programs for small business:

1) Core BDPF

  • maximum in any 5 year period is $10,000 - $20,000 depending on your community. 
  • Only businesses with $500,000 or less in annual revenues are eligible to apply.​​​​​​

2) BDPF Aftercare

  • The BDPF Aftercare can provide businesses with contribution funding to purchase accounting software or services, succession planning and business training programs.
  • The lifetime maximum for BDPF Aftercare Funding is $3,000 ($5,000 for businesses in level II communities). Level I communities include Yellowknife (including N’Dilo), Hay River, Fort Smith and Inuvik. All other NWT communities are considered level II.
Who can apply (eligibility): Only businesses with $500,000 or less in annual revenues are eligible to apply

For full guidelines and details, visit the Northwest Territories BDIC website.

How to apply: Download the appropriate forms on the fund's Northwest Territories BDIC website
Application due date: Ongoing

Nunavut Small Business Support Program

Amount: Amount varies
Who can apply (eligibility):

This program is primarily focused on providing up-and-coming small businesses, community organizations and individuals with support to grow. Program eligibility is limited to Nunavut Residents and business majority owned by Nunavut Residents. It contains three funds:

1) Small Business Opportunities Fund

  • aims to help business start-ups and expansions
  • includes support for developing business and marketing plans
  • also supports new pilot projects, and business and "wind-down"

2) Entrepreneur Development Fund

  • assists business through training and skill development
  • eligible training includes accounting, bookkeeping, business start-up, and tourism safety and risk management
  • also assists in the establishment of business aftercare programs

3) Sustainable Livelihood Fund

  • supports activity in the tourism, arts & crafts and harvesting sectors
  • assistance to overcome immediate legal or bookkeeping problems
  • support the purchase of tools and other minor capital items
  • helps pay for tourism operators' liability insurance

Eligible applicants must have reported a minimum of $10,000 in gross business sales to Canada Customs and Revenue Agency in at least one of the last three tax years or be considered a new entrant.

How to apply: Download and submit application forms found on the Government of Nunavut website.
Application due date: Ongoing