Economic Development Fund — Tier 2

For Yukon organizations looking to move beyond small pilot ideas and into more meaningful growth initiatives, the Economic Development Fund — Tier 2 is designed to support projects with a broader economic impact. Delivered by the Government of Yukon’s Department of Economic Development, this funding stream focuses on strengthening the territory’s economy by helping organizations invest in innovation, long-term sustainability, and strategic planning. It’s particularly relevant in a northern business environment where scaling operations, accessing new markets, or improving resilience can require upfront investment.

Tier 2 funding supports a wide range of activities that contribute to economic diversification and competitiveness. Projects may involve expanding market reach, building internal capacity, adopting new technologies, or making capital investments that position an organization for future growth. Funding is non-repayable and typically provides larger contributions than entry-level programs, with support reaching up to around $100,000 for projects that demonstrate strong economic value for Yukon. Businesses and organizations meeting certain requirements, including Yukon-based enterprises and development entities, may be considered.

This program is well suited for established operations that have a clear plan and are ready to make a measurable impact within their sector or community. Applications are generally accepted on an ongoing basis, making timing more flexible for project planning. Exploring the full details can help determine how this funding aligns with your organization’s growth strategy and project goals.