Kakivak Association — Economic Opportunity Fund

Tourism operators in Nunavut’s Qikiqtani Region often face unique costs when trying to start up or grow, from specialized equipment to the added expense of operating in remote communities. For businesses connected to local tourism near national parks, the Kakivak Association’s Economic Opportunity Fund offers targeted financial support to help turn opportunities into viable, income-generating projects. This fund is designed with the realities of northern tourism in mind, where safety, reliability, and strong marketing can make a critical difference.

The Economic Opportunity Fund provides non-repayable funding of up to around $10,000 to eligible tourism-based small and medium-sized businesses in communities such as Pangnirtung, Pond Inlet, Qikiqtarjuaq, Arctic Bay, Resolute Bay, and Grise Fiord. Funding can be used for practical investments like new or upgraded equipment, safety gear for tours and excursions, or marketing initiatives that help attract visitors. One of the program’s strengths is flexibility: businesses can apply on an ongoing basis, may be able to access support each year, and can combine this grant with other financing to support larger projects.

Delivered by the Kakivak Association, which also offers hands-on guidance through its business development team, this program is well suited for Inuit-owned tourism businesses looking to build capacity and operate sustainably. Reviewing the full program details can help determine how this funding might fit into your next stage of growth.