This program is currently between intakes. Annual cycle. Applications due April 30 (11:59 MDT). Confirm on the official site ↗
Updated August 2026 · Verified against Northwest Territories Geological Survey guidelines
▲ Growing Reimbursement
Grant Territorial Between Intakes

NWT Mining Incentive Program (MIP)

Northwest Territories Geological Survey
Maximum Funding
Up to $240,000
Annual April 30 deadline - the 2026-27 intake closed April 30, 2026; no 2027-...
Visit Official Program →
Difficulty
Hard
Payment
Reimbursement
Trend
Growing
First-Timers
Co-Funding
60%
NWT Mining Incentive Program (MIP) provides Up to $240,000 (Corporate stream); Up to $25,000 (Prospector stream). Funding for prospectors and exploration companies to support mineral exploration projects in the NWT. The program covers up to 60% of eligible costs. Annual April 30 deadline - the 2026-27 intake closed April 30, 2026; no 2027-28 date has been published.
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Eligibility & Details

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Program Description

Funding for prospectors and exploration companies to support mineral exploration projects in the NWT. Corporate stream up to $240,000 (60% of costs); Prospector stream up to $25,000.

Eligibility Requirements

  • Must hold the legal right (mineral claim, lease, or permit) to conduct mineral exploration in the Northwest Territories
  • Eligible applicants: exploration companies (Corporate stream) or individual prospectors (Prospector stream)
  • Must be conducting or planning mineral exploration activities in the NWT
  • Corporate stream: up to $240,000 (60% of eligible costs); Prospector stream: up to $25,000
Provinces
Industries
Natural Resources
Business Stage
Startup Growth Expansion

Quick Assessment

Difficulty
Hard
Competition
Moderate
First-Timer
Not rated

Funding Details

Amount
Up to $240,000 (Corporate stream); Up to $25,000 (Prospector stream)
Type
Grant
Level
Territorial
Co-Funding
Up to 60% of eligible costs
Deadline
Annual April 30 deadline - the 2026-27 intake closed April 30, 2026; no 2027-28 date has been published

Program Scorecard

Competition, effort, and approval at a glance

Competition
Moderate
Deadline
Between Intakes
Approval
Moderate
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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What's in this Playbook

Everything you need to win MIP

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How to Win

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

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Insider Tip

Procurement from NWT-registered businesses is the single biggest scoring lever — explicitly calculate and maximize the percentage of eligible expenses (excluding wages) flowing to NWT suppliers.

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Rejection Pitfalls 6

  • Late submission (April 30 deadline is absolute — no exceptions)
+5 more pitfalls
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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 Verify mineral claim and legal exploration right Confirm you hold a valid registered mineral claim, lease, or exploration permit for the proposed NWT project area. Obtain a copy to attach to your application.

Required Documents 8

Completed MIP application form
Project proposal (max 15 pages) including geological rationale, work program, and budget

Eligible Expenses 7

Ineligible Expenses 6

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

SR&ED (if exploration involves experimental scientific work CanNor SEDP (Socio-Economic Development Program NRCan Geoscience programs
Combined Funding Potential See your total funding potential

Clawback Risk

Medium Risk

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How MIP Compares

Side-by-side with similar programs

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Program Amount Difficulty Payment Deadline
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Frequently Asked Questions

Quick answers to the questions founders most often ask about MIP

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Can sole proprietors apply as prospectors?
Yes, individual prospectors qualify for the Prospector stream ($15k-$25k). Must hold a valid mineral claim in NWT and source 30%+ of non-wage costs from NWT businesses. No incorporation required.
What's the typical award amount?
Corporate stream: $80k-$200k (60% of costs). Prospector stream: $15k-$25k. Partial awards common — budget for 40-50% of requested amount.
When are decisions made?
Decisions made by July 15 after April 30 deadline. Interim reports due Oct 1; final reports April 1 of next year. No exceptions for late submissions.
Why do applications get rejected?
Most common: insufficient NWT procurement (below 30% of non-wage costs), expired mineral claims, or vague technical proposals. No bank account = automatic rejection.
Can I combine with SR&ED?
Yes, SR&ED is compatible if exploration involves experimental work. Consult tax advisor on cost overlap — MIP funds 60% of costs, SR&ED covers 35% of R&D wages.

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