Updated June 2026 · Verified against Government of Nunavut — Department of Economic Development and Transportation guidelines
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Nunavut Strategic Investments Program — Business Investment Fund

Government of Nunavut — Department of Economic Development and Transportation
Maximum Funding
$50,000 to $150,000
Ongoing
Visit Official Program →
Difficulty
Moderate
Payment
Reimbursement
Trend
Stable
First-Timers
Friendly ✓
Co-Funding
75%
Nunavut Strategic Investments Program — Business Investment Fund provides up to $50,000 to $150,000. Non-repayable territorial grants of $50,000–$150,000 for Nunavut-resident-majority-owned businesses to start up or expand in strategic sectors. Applications are accepted on an ongoing basis. Approval odds: ~50–70% (GrantCompass analysis)
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Eligibility & Details

What this program funds and who can apply

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Program Description

Non-repayable territorial grants of $50,000–$150,000 for Nunavut-resident-majority-owned businesses to start up or expand in strategic sectors. Covers business planning, training, marketing, and capital investments yielding measurable economic benefits for Nunavut communities.

Eligibility Requirements

  • Business must be majority-owned by residents of Nunavut
  • Must be operating in Nunavut
  • Eligible: for-profit businesses, municipalities, non-profit corporations
  • Must demonstrate predictable economic development outcomes
  • No outstanding obligations with EDT department
Provinces
Nunavut
Industries
All
Business Stage
Startup Growth Expansion

Quick Assessment

Difficulty
Moderate
Competition
Moderate
First-Timer
Friendly

Funding Details

Amount
$50,000 to $150,000
Type
Grant
Level
Territorial
Co-Funding
Up to 75% of eligible costs
Deadline
Ongoing

Program Scorecard

Competition, effort, and approval at a glance

Competition
Moderate
Deadline
Ongoing
Approval
Moderate
Approval Rate
~50–70%
Accessibility
--/5
Competition
--/5
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How to Win

Insider tips, common pitfalls, and what successful applicants look like

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Insider Tip

Start with preliminary consultation at your regional EDT office.

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Success Profile

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Evaluation Criteria

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Application Playbook

Step-by-step process, required documents, and expenses

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Application Steps

1 Preliminary consultation with regional EDT office Mandatory in practice. EDT officers help shape applications. Contact: Kitikmeot toll-free 1-844-475-1166, Kivalliq toll-free 1-844-737-8627, Qikiqtaaluk/Baffin (867) 975-7800, main EDT: 1-888-975-5999 / [email protected]

Required Documents 6

✓ Application form from regional EDT office
✓ Project plan with milestones

Eligible Expenses 7

Ineligible Expenses 7

Intake Periods

Deadline Notes

Ineligible Organizations

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Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

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Compatible Programs

CanNor IDEANorth Kakivak Association Grants Kivalliq Partners Nunavut Business Credit Corporation (NBCC) Loans CBDC Northern Loans
Combined Funding Potential See your total funding potential

Clawback Risk

Medium Risk
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How Nunavut Strategic Investments Program — Bu... Compares

Side-by-side with similar programs

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Program Amount Difficulty Payment Deadline
Nunavut Strategic Investments Program... $50,000 to $150,000 Moderate Reimbursement Ongoing
CanNor IDEANorth (Inclusive Diversifi... $50,000 to $6,000,000 Moderate Reimbursement Between EOI windows —...
Kivalliq Partners in Development — Bu... Up to $25,000 Easy Reimbursement Open
Nunavut Business Credit Corporation (... up to $5,000,000 Hard Loan No application deadline....
Canadian Northern Economic Developmen... Varies Moderate Mixed (Advance + Reimb.) Main EOI for 2026-27...

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Frequently Asked Questions

Quick answers to the questions founders most often ask about Nunavut Strategic Investments Program — Bu...

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Can sole proprietors apply?
Yes, sole proprietors qualify if they're Nunavut residents and majority-owned. Must demonstrate economic outcomes like local hiring or community spending. Not eligible if not resident-owned.
What's the typical award amount?
Most grants are $50,000–$100,000. The $150k max is rare; applications exceeding $100k face stricter scrutiny on economic impact.
How long does approval take?
Rolling intake means decisions within 4–8 weeks after submission. Faster if regional office consults early. Delays occur if economic outcomes aren't clearly tied to Nunavut communities.
Do I need matching funds?
No matching required. Funds are non-repayable grants. However, applicants must show how the grant will generate measurable economic benefits for Nunavut.
Can I stack with other programs?
Yes: pair with CanNor IDEANorth for larger projects or Kakivak/Kivalliq for regional support. NBCC loans fill gaps for capital not covered by the grant.

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