Community Economic Development - Industry, Tourism and Investment

This program offers funding to local communities and organizations aiming to boost their economies, support regional economic development projects, or invest in events that promote economic opportunities.
  • Government of Northern Territories
Overview of the Community Economic Development - Industry, Tourism and Investment program:

These funds can help organizations looking to advance regional economic development initiatives by investing in planning, infrastructure, information campaigns, and events promoting economic opportunities.

Benefits of the Community Economic Development - Industry, Tourism and Investment program:
  • The Community Economic Development program offers up to $25,000 in support for various projects:
  • Feasibility Studies and Planning:
  • Funding for strategic plans, evaluations, and planning costs to explore economic opportunities and utilize community resources.
  • Infrastructure Development:
  • Funds for purchasing or improving physical infrastructure (capital assets) essential for business development.
  • Business Information Access:
  • Support for projects that enhance access to business information.
  • Community Festivals and Events:
  • Funding for organizing and promoting festivals and events that showcase local products or talent, crucial for economic growth.
Eligibility criteria of the Community Economic Development - Industry, Tourism and Investment program:
  • NWT-based associations, municipalities, and Indigenous organizations are encouraged to apply.
  • Equity Requirements:
  • Group 1 Communities: (Yellowknife, Hay River, Fort Smith, Inuvik) must cover 30% of project costs.
  • Group 2 Communities: (All other NWT communities) must cover 20% of project costs.
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