Uncover a wide range of Funding Opportunities: Instantly Access the Funding Database and Connect with Over 800 Government Grants, Loans, and Tax Credits in Nova Scotia. Additionally, Tap into a Network of 862 Private Investors, Providing a Significant Funding Pool of Over 700k.
See what your Nunavut small business funding eligibility
Starting a business without proper funding often stands as a major obstacle, causing many new businesses to falter during their development stage. Even the most promising business ideas can struggle without the necessary financial support to launch and thrive.
Small business funding is available for Nunavut small businesses in the form of grants, government loans, tax credits, and private investments. Find out exactly how much funding is available in your industry and take advantage of our Ask an Expert program where we help find funding programs for you in our personalized funding report and review your funding applications before submission!
4 Easy Steps to the Funding Database
If you haven’t yet completed your business plan, you’ll need to complete it before applying for funding, by following the startup timeline, your business will be on track with completing each step into securing government funding.
With your business plan, projected financials, and access to experts each step of the way, you can access:
Government grants
Government loans
Private investments
Funding assistance programs
As a member of NunavutStartups.org, you get instant access to the small business funding database. Our database contains over 1,500 funding sources of government grants, loans, and private investments to help small business startups succeed.
Along with the Funding Database, members have instant access to the Business Plan Builder and the PitchDeck Tool. These tools are designed to help you fund your business.
The process is simple. Determine how much funding you need, and what you need it for, research the available sources and apply.
When launching a small business, there are upfront expenses that need to be addressed even before generating revenue. This is where funding plays a vital role, particularly in acquiring the necessary equipment, carrying out renovations, and initiating advertising campaigns.
Obtaining funding for your small business, whether through traditional financial institutions, private investors, or government programs, becomes a crucial factor in determining the outcome of your business. Access to funding during the early stages of your business provides essential opportunities for growth and expansion, enabling you to establish a solid foundation and increase your chances of long-term success.
Nunavut small business owners have a favorable advantage as the provincial government allocates significant funding each year to support businesses in the region. This funding support originates from various levels of government, including local, provincial, and federal entities, and typically takes the form of government grants, low-interest or interest-free loans, tax credits, or financial contributions.
With 413 grant programs, 197 loan programs, and 310 assistance programs at your disposal, you have a wide array of options to choose from. The funding amounts available within these programs vary from $1,000 to well beyond $5 million. This diverse range of funding sizes provides substantial financial opportunities for small business owners across various industries and scales of operation throughout the province of Nunavut.
Private funding serves as a valuable source of capital to propel your business forward.
Similar to government funding, private funding sources support businesses across various industries throughout Nunavut and for a multitude of purposes. In certain cases, private funding can offer distinct advantages that may not be available when seeking government funding. Taking the time to familiarize yourself with private funding opportunities can unveil potential benefits that align with your small business goals.
Explore the possibilities of private funding and discover how it can fuel the realization of your business ambitions. With our extensive Small Business Funding Database, you can tap into a wealth of private funding sources, broaden your funding prospects, and unlock greater opportunities for your small business.
Funding applications can be daunting but we’re here to help! Through our Ask an Expert program, you can have one of our dedicated funding experts review your applications before you submit them.
It doesn’t take long but it could mean the difference between success and failure getting funded.
NunavutStartups.org provides its members with access to the Small Business Startup Platform. Powered by Canada Startups, an industry leader in business plan and funding assistance across Canada
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