Support for Entrepreneurs and Economic Development (SEED) — Entrepreneur Support

For entrepreneurs in the Northwest Territories, early-stage costs and growth investments can be a major hurdle, especially in smaller or remote communities. The Support for Entrepreneurs and Economic Development (SEED) — Entrepreneur Support stream is designed to ease that pressure by helping startups and small businesses move from idea to operation, or from stability to growth. Delivered by the Government of the Northwest Territories through the Department of Industry, Tourism and Investment, the program offers non-repayable funding of up to roughly $25,000 to support practical, business-building activities.

SEED Entrepreneur Support is flexible in how funding can be used, which makes it appealing to a wide range of NWT businesses. Support may help cover planning and start-up costs, product or market development, and efforts to build internal skills and capacity. In certain communities, funding can also assist with the purchase of essential equipment or other capital items that improve efficiency, protect jobs, or help a business access new markets. Tourism operators, artists, makers, renewable resource businesses, and even film-related projects can find relevant support through this stream.

The program is generally available on an ongoing, annual basis and is best suited for businesses meeting certain requirements that are ready to invest in their next step. For NWT entrepreneurs considering expansion, recovery, or a new opportunity, learning more about how SEED Entrepreneur Support works could be an important part of your funding strategy.