Accelerate Digital Adoption Projects for Tomorrow (ADAPT) Fund

Overview of the Accelerate Digital Adoption Projects for Tomorrow (ADAPT) Fund program:

The Adapt Fund – Accelerate Digital Adoption Projects of Tomorrow is an initiative from Prosper NWT aimed at helping small businesses across the Northwest Territories adopt digital technologies and processes. This funding program supports digital modernization projects that improve productivity, market reach, customer engagement, and operational efficiency. This fund targets businesses that may lack the financial resources or in-house expertise to explore digital solutions. It’s especially relevant for small businesses in remote or underserved regions that want to digitize operations, improve their online presence, or integrate software tools for internal efficiency. Eligible projects can include launching e-commerce websites, integrating point-of-sale (POS) systems, improving cybersecurity, digitizing inventory, implementing online booking systems, social media integration, and more. The Adapt Fund covers eligible costs related to software subscriptions, hardware, consultant fees, and digital implementation support. Approved businesses receive a non-repayable grant of up to $2,600, which must be used within the project period. The fund is designed to be accessible and easy to apply for, with a streamlined process to support rapid uptake. It plays a key role in helping NWT businesses prepare for the future economy by embracing digital transformation. Prosper NWT also provides additional support services and coaching to help entrepreneurs identify the best tools for their needs and ensure sustainable technology adoption.

Benefits of the Accelerate Digital Adoption Projects for Tomorrow (ADAPT) Fund program:

• Free funding for digital adoption projects (up to $2,600)
• Helps small businesses build websites, e-commerce platforms, or digital systems
• Covers hardware, software, consultant services, or training related to digital tools
• Boosts competitiveness, customer service, and operational efficiency
• Enables long-term resilience through technology integration
• Connects applicants to additional coaching and business support
• Encourages participation from Indigenous, remote, and women-owned businesses

Eligibility criteria of the Accelerate Digital Adoption Projects for Tomorrow (ADAPT) Fund program:

• Eligible applicants must:
• Be a registered small business operating in the Northwest Territories
• Demonstrate the need for digital enhancement or modernization
• Have a valid NWT business license and be in good standing
• Submit a clear project plan outlining how the funding will be used
• Apply for eligible expenses such as:
• Website development or upgrades
• E-commerce platforms
• Software and apps for inventory, customer management, or booking
• Training for digital tools
• Hardware required to support software (e.g., POS systems)
• Ineligible expenses include:
• Ongoing operational costs not tied to digital adoption
• Projects not aligned with technology integration goals
• Work completed before receiving approval