The Kitikmeot Business Assistance Program provides contributions up to $5,000 to pay for work such as feasibility studies, pilot projects, business creation or expansion activities, marketing initiatives and business skills development. Contributions usually don't have to be paid back. Applications to quarry and sell carving stone are taken only from organizations such as carvers' societies or arts and crafts associations, not from individuals.

Contributions under the Nunavut Sivummut Program, which the Kitikmeot Economic Development Commission (KEDC) carries out for NTI in the Kitikmeot, go up to $3,000. Again, contributions don't usually have to be repaid.

Funding for young business-minded Inuit in the Kitikmeot is available through the National Aboriginal Credit Corporation Association. Loans and contributions range up to $3,000.

Application forms for the Kitikmeot Business Assistance Program and Nunvaut Sivummut Program can be downloaded from KEDC's web site, where you can also learn about loans offered by KEDC.

For further information, contact:

George Bohlender
Business Development Officer
Kitikmeot Economic Development Corporation
P.O. Box 18
Cambridge Bay NU X0E 0C0

Phone: (867) 983-2458 ext. 234
Fax: (867) 983-2075
Website: www.polarnet.ca/kedc
Email: gwbcedo@polarnet.ca