Starting a Small Business in the Northwest Territories
Starting a Small Business in the Northwest Territories
The steps it takes to become a small business owner in the Northwest Territories
Deciding on starting a small business in the Northwest Territories can be a difficult decision to make. To help you decide here are some statistics that show why starting a small business in the Northwest Territories is a great idea:
Population: 44,520
Registered small businesses: 1,294
Funding Programs Potentially Available for the Northwest Territories:
303 Grant Programs / 147 Loan Programs /231 Assistance Programs
Find out if you may be eligible using this tool.
Before you get into business, there are a few important things to know about starting a small business in the Northwest Territories:
Is starting a small business in the Northwest Territories right for you?
Do you have the tools and the resources to start your small business?
Do you have the funding your small business in the Northwest Territories will need?
What are the next steps to help you startup?
Do you need help getting your business started?
As a small business entrepreneur you have a lot of step to go though. Canada Startups is here to help you each step of the way. Not only do we guide you step by step, but we help you startup, assist you with your business plan, help you find funding programs that can get you funding for your Northwest Territories business. And more.
Starting a Small Business in the Northwest Territories
Is it right for you?
Starting a small business in the Northwest Territories is an excellent choice. The Northwest Territories, fast growing as a Canadian province and one of the top spots in Canada where small business and entrepreneurship is booming. Currently over 1,200 small businesses are taking advantage of this. Who wouldn't want to take part.
If you're ready to start your own small business, consider contacting one of our small business advisors to get started. It takes a minute. You can also call them right now at 1-800-288-9691.
Before you move forward:
Prior to moving forward with starting a small business in the Northwest Territories, be sure that you have the following ready:
☑️ Do you know what your business is going to be? If not, check out some of these top 10 business ideas.
☑️ Have you created your business plan? Get it reviewed by an expert. If no, time to create one right now!
☑️ Do you know which funding programs are available in the Northwest Territories? Funds are available to help startup, to hire staff, pay for marketing, tools/equipment and more.
$9,150 Government Loan for Small Business Owner in the Northwest Territories
There are several programs available via the government for business owners in the Northwest Territories but they are very hard to apply to unless you know what to include. CanadaStartups helped guide us the entire way.
Tools/Resources For a Small Business in the Northwest Territories
There are a ton of tools and resources to help small business owners in the Northwest Territories to successfully startup. Accessing these tools and resources is critical to the success of your small business.
Do you know what tools and resources you need to make sure your Northwest Territories based business finds success?
Business Plan Builder Tool
Use the Business Plan Builder Tool to quickly and effectively develop a business plan for your new or existing small business in the Northwest Territories.
Personalized Investor PitchDeck
The simple to use PitchDeck gives you the opportunity to build the perfect presentation to use when pitching your small business to potential investors.
Funding Program Database
Find the funding programs your small business in the Northwest Territories deserves with full access to 1,500+ programs available in our Funding Database.
Funding for your Small Business in the Northwest Territories
When starting a small business in the Northwest Territories, funding is critical. Finding the funding that may be available for your small business is important very early on. So don't wait until you need the funds - search for funding right now.
Small businesses in the Northwest Territories are lucky since the the NT government greatly support entrepreneurship. This means that are are many different government funding programs in the Northwest Territories for small business owners to take advantage from..
Want to see what funding in the Northwest Territories may be available for?
What are the next steps?
The steps of starting a small business in the Northwest Territories are simple.
☑️ Get the business idea.
☑️ Create a business plan.
☑️ Have the business plan checked.
☑️ Start your funding search.
☑️ Apply for funding.
☑️ Launch your small business
If you are ready to start your business in the Northwest Territories, don't wait any longer. Get more information on how to start your small business, how to get your business plan done and how to get funding.
The first step, call 1-800-288-9691 for one of our the Northwest Territories small business specialists to assist and guide you.
Get Help and Start Your Small Business in the Northwest Territories
Get help with starting a small business in the Northwest Territories!
There is no need to be the business plan expert, the funding researcher, the website developer, accountant or the person who needs to know and do everything. That's why experts exist to help, so be sure to take advantage of it when available.
For example:
Experts at CanadaStartups are included with your membership to the Small Business Startup Portal.
That means that you can get help starting up, with your business plan, with the funding search since you would have access 24/7 and for the entire year so you can ask any questions and get as much help as you need to start your Northwest Territories business.
- Norman Wells Small Business Startup Centre
- Hay River Small Business Startup Centre
- Funding Database Walkthrough: Northwest Territories Business Grants and Funding
- Yellowknife Small Business Startup Centre
- 95+Northwest Territories Small Business Grants in 2025: Business Grants, Government Loans in the Northwest Territories