Akaitcho Business Development Corporation (BDC) Business Loans

Amount:

$200,000.00

Type:

Loan

Description:

Akaitcho BDC administers an Investment Fund that is used to provide repayable loans to eligible businesses to a maximum of $200,000 per business.

Comments on Funding:

Funding is a loan of up to $200,000.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be new, existing, or expanding small businesses;
2. be creating new jobs for residents of the communities of Yellowknife, N’dilo, and Dettah;
3. be residents of N’Dilo, Dettah, and Yellowknife.

Application Steps:

Applicants must submit an online application.

Documentation Needed:

Applicants must provide the following:
1. Applicant Information;
2. A Business Plan;
3. Cash Flow Projections;
4. Financial Statements (if an existing business);
5. Personal tax returns for last 3 years, including current year.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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