Business Loans

By mmuise
Description:

The Nunavut Community Futures Development Corporations provide financial assistance for business start-up, business expansion and business acquisition.


Comments on Funding:

Funding takes the form of loans of up to $250,000 from BBDC; while $450,000 from KCFI.

Deadline: Continuous Intake
Eligibility:

Eligible projects must be commercially viable, based in the Baffin region and create benefits such as jobs and increased business revenues and assets.

Application Steps:

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Documentation Needed:

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Other Things to Note:

The Nunavut Community Futures Development Corporations are:
1. Baffin Business Development Corporation (BBDC) is a not-for-profit corporation and the Community Futures organization for the Qikiqtaaluk region of Nunavut. Website: https://www.baffinbdc.ca/programs/
2. Kitikmeot Community Futures Inc. (KCFI) contributes to the social and economic well being of the Kitikmeot Region which includes Cambridge Bay, Kugluktuk, Gjoa Haven, Kugaaruk, Taloyoak, Bay Chimo and Bathurst Inlet. Website: https://kcfi.ca/our-services/term-loans/

About the author
mmuise