Strategic Investments (SEED)

Overview of the Strategic Investments (SEED) program:

The Strategic Investments Program (SIP), delivered by the Department of Industry, Tourism and Investment (ITI) of the Government of the Northwest Territories (GNWT), is designed to strengthen and diversify the NWT economy through flexible, strategic financial contributions. This program funds initiatives that support economic development in sectors such as agriculture, tourism, manufacturing, Indigenous business, knowledge economy, and renewable energy. SIP promotes long-term regional development and provides funding for projects with the potential to create jobs, enhance community capacity, or foster innovation in underserved or rural areas. Funding is available to individuals, businesses, non-profits, Indigenous organizations, and municipalities who are engaged in advancing the economic interests of the territory. While there is no standardized intake window, applications are accepted on an ongoing basis and are reviewed in alignment with GNWT strategic priorities. Projects must demonstrate clear economic outcomes and fall within eligible categories such as capital investments, capacity building, research, feasibility studies, or pilot initiatives. The program emphasizes alignment with broader economic goals such as food security, green economy, local manufacturing, and community-led development. Priority is given to projects that foster partnerships, benefit multiple communities, or serve underrepresented groups. All funding is discretionary and based on budget availability, project merit, and alignment with territorial strategies like the NWT Economic Development Strategy and the Agriculture Strategy.

Benefits of the Strategic Investments (SEED) program:

• Financial support for economic diversification and innovation.
• Flexible, responsive program structure tailored to community needs.
• Supports both small-scale local projects and large regional initiatives.
• Encourages the development of agriculture, renewable energy, tourism, and Indigenous business.
• Promotes community empowerment and sustainability.
• Can be used for capital investment, training, feasibility studies, or business development.
• Enhances regional employment and infrastructure.
• Enables long-term alignment with NWT strategic priorities.

Eligibility criteria of the Strategic Investments (SEED) program:

• Eligible applicants include:
• Businesses, including Indigenous and community-owned businesses
• Non-profit organizations
• Municipal and Indigenous governments
• Individuals (for specific eligible economic activities)
• Applicants must demonstrate:
• A well-defined business case or project plan
• Alignment with NWT strategic goals (e.g., Economic Development Strategy, Agriculture Strategy)
• Economic impact such as job creation, innovation, or regional benefit
• Financial contributions or cost-sharing, unless waived for strategic reasons
• Capability to manage and deliver the project
• Projects must be located in the Northwest Territories and show tangible benefits to the territorys economy or communities.