Support for Entrepreneurs and Economic Development (SEED) — Strategic Investments

For Northwest Territories businesses planning a major step forward—whether that’s expanding capacity, adopting new technology, or launching a transformative project—access to meaningful capital can be the difference between an idea and real impact. The Support for Entrepreneurs and Economic Development (SEED) — Strategic Investments stream is designed to help established small and medium-sized businesses make larger investments that strengthen both their company and their local community.

Delivered by the Government of the Northwest Territories through the Department of Industry, Tourism and Investment, this program offers non-repayable funding of up to around $75,000 to support projects that drive economic activity and create employment in NWT communities. Projects are expected to align with regional economic development priorities and are strongest when they bring in additional funding from outside territorial programs. Investments that focus on technology, innovation, or productivity improvements may receive particular attention when applications are assessed. Businesses are also expected to contribute a portion of project costs themselves, with required equity levels varying by community.

The Strategic Investments stream is generally available on an annual basis and is suited to NWT businesses with clear growth plans and measurable community benefits. For entrepreneurs considering a significant expansion or upgrade, learning more about how this funding works could help determine whether it fits into your broader growth strategy.