Sivummut Grants to Small Business
To provide residents of the Baffin region of Nunavut to start or grow a business. Funding will be provided for a business plan, licences, legal fees, renovations, machinery, supplies, and related business items.
- Kakivak Association
Overview of the Sivummut Grants to Small Business program:
Sivummut Grants are available to eligible Inuit owned businesses to support the establishment or expansion of their business. Our Business Development Officers will work with you to find the best financing available for your business development project, including a combination of grant contributions and a Makigiaqvik Loan.
Benefits of the Sivummut Grants to Small Business program:
- Up to $5,000 for business pre-start up
- Up to $10,000 for business start-up
- Up to $10,000 for business expansion
- Maximum of $25,000 in total grants per business
- Additional support available to help train you to run your business
Eligibility criteria of the Sivummut Grants to Small Business program:
- Applicant Eligibility:
- For EITHER (individual, partnership, or corporation)
- The individual applying is Inuk and has lived in Baffin Region for 6 months or more.
- The partnership applying is at least 51% Inuit-owned and controlled.
- The corporation applying is at least 51% Inuit-owned and controlled.
- The corporation applying is an Inuit firm certified by Nunavut Tunngavik Inc.
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