A contribution program to help fund start-up expenses, expansion, raw materials (for arts and crafts production) and short-term projects that create employment. The maximum in any 5 year period is $10,000 ($20,000 for businesses in level II communities).
Canada Business NWT offers small businesses with a number of free services including a business library, seminars, workstations, online services and information.
The BDIC invests in businesses in return for cumulative redeemable preferred shares carrying annual dividends. The amount of dividend reflects the premium for the investment risk. These investments are long term in nature.