BBN Labs — Better Business Network

Business upgrades in Nunavut

BBN Labs helps Nunavut businesses turn funding into a real upgrade. The territory's programs include Kakivak Association's Sivummut Grants, up to $25,000 in non-repayable support for Inuit-owned businesses in the Qikiqtani region, plus the Strategic Investments Program's contributions of up to $250,000 through the Nunavut Business Investment Fund and loans up to $150,000 from the Kivalliq Business Development Centre. Most of our work reaches Nunavut remotely: websites, online stores, online ordering, local SEO and tourism marketing that bring in customers well beyond your own community. Check your funding fit and we build what the money pays for.

The local picture

Nunavut's small-business funding is concentrated in a few northern institutions we track closely. Kakivak Association serves Inuit-owned businesses in the Qikiqtani region with Sivummut Grants worth up to $25,000 in non-repayable support and Makigiaqvik term loans up to $50,000 at a fixed 8.5% over as much as seven years. Open to any Nunavut business, the Strategic Investments Program contributes $50,000 to $250,000 through the Nunavut Business Investment Fund, and the Kivalliq Business Development Centre lends up to $150,000.

Nunavut is a market where a strong website and online store matter more than a busy street. Kakivak's Economic Opportunity Fund puts up to $10,000 toward tourism marketing and equipment, and most funding here covers the digital side of a business plan. That is the work we ship north: websites, online ordering, local SEO, reviews and the tourism marketing that reach customers across the territory and beyond.

Verified local notes

  • Kakivak Association's Sivummut Grants give Inuit-owned businesses in the Qikiqtani region up to $5,000 for pre-start-up, up to $10,000 for start-up and up to $10,000 for expansion, to a maximum of $25,000 in total grants per business. source ↗
  • The Strategic Investments Program funds a minimum of $50,000 and a maximum of $250,000 through the Nunavut Business Investment Fund, capped at a 1:3 ratio of a project's required arm's-length debt or equity financing. source ↗
  • The Kivalliq Business Development Centre offers repayable loans of up to $150,000 to new and existing businesses across the Kivalliq region. source ↗

Notes reflect official sources as checked on July 5, 2026; programs change, so confirm with the administrator.

Programs

Funding records relevant to Nunavut

Every record shows its official source, what kind of help it is, and when we last checked it.

Check local availabilityGrant

Strategic Investments Program — Nunavut Business Investment Fund

Up to $250,000

The Nunavut Business Investment Fund helps local owners grow through the Strategic Investments Program. It provides financial contributions for…

Last verified July 3, 2026

Check local availabilityLoan

Nunavut Business Credit Corporation

Access a full suite of credit facilities including term loans, construction financing, and guarantees designed to help Nunavut businesses secure the…

Last verified July 2, 2026

Check local availabilityLoan

Kivalliq Business Development Centre

Up to $150,000

KBDC provides essential financing and expert business counselling to help new and existing enterprises thrive across the Kivalliq region. It is…

Last verified July 5, 2026

Check local availabilityLoan

Community Futures Network of Canada

Tap into a network of 267 non-profit offices across Canada that provide small business loans, training, and local support to help rural and remote…

Last verified July 2, 2026

Check local availabilityLoan

BDC Financing — Certified Green Building Loan

Up to 100% of costs

Secure the capital you need to buy, build, or renovate a property with the goal of earning top-tier environmental certifications like LEED or Zero…

Last verified July 2, 2026

Check local availabilityLoan

Canada Small Business Financing Program

Up to $1,000,000

This program makes it easier to get a business loan by having the government share the lending risk with your bank or credit union. You apply…

Last verified July 2, 2026

Check local availabilityLoan

BDC Financing — Small Business Loan

Up to $350,000

Access flexible online financing from Canada's federal Crown corporation bank. Use these funds to scale operations, hire staff, or upgrade equipment…

Last verified July 2, 2026

Check local availabilityLoan

BDC Financing — Commercial Real Estate Loan

This BDC commercial real estate loan helps established Canadian businesses acquire, expand, or renovate their premises. It also provides working…

Last verified July 2, 2026

Check local availabilityLoan

BDC Financing — Start-up

Up to $150,000

BDC Start-up Financing provides the capital you need to turn your business plan into reality. Use these funds to purchase essential assets, cover…

Last verified July 2, 2026

Solutions

What we deliver in Nunavut

Where a project includes physical work, it is completed by licensed contractors BBN coordinates.

Frequently asked questions

What funding is available for small businesses in Nunavut?

Quite a bit, most of it through northern institutions. Kakivak Association funds Inuit-owned businesses in the Qikiqtani region with Sivummut Grants up to $25,000 and Makigiaqvik loans up to $50,000. Open to any Nunavut business, the Strategic Investments Program contributes up to $250,000 through the Nunavut Business Investment Fund, the Kivalliq Business Development Centre lends up to $150,000, and the Nunavut Business Credit Corporation offers government-backed loans and guarantees. Check your funding fit and we will match you to the ones you qualify for.

Can BBN Labs help my business in Nunavut if you are not in the territory?

Yes. Websites, online stores, online ordering, local SEO, reviews and tourism marketing all ship to Nunavut remotely, and that digital work is exactly what most funding here helps pay for. When a project needs hands on the ground, like signage or equipment install, we design and coordinate it with local trades. Tell us your community and what you sell, and we build the upgrade the funding covers.

Also see: all verified funding in Nunavut, the full funding list and our guides.

Planning a project in Nunavut?

Tell us about your business and project. You get a practical plan, a clear quote, and an honest read on which programs may help pay. It's all free, with nothing to lose.

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Subject to program rules, available funding, and approval. Final decisions are made solely by each program administrator.