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Akaitcho BDC Small Business Investment Loan

Akaitcho BDC provides repayable loans of up to $200,000 for new, existing, and expanding small businesses in Yellowknife, N'dilo, and Dettah.

About this program

Akaitcho Business Development Corporation administers an investment fund that provides repayable loans to eligible businesses in Yellowknife, N'dilo, and Dettah. The financing supports new, existing, and expanding small businesses that create or maintain jobs for residents of the local service area. Applicants work with Akaitcho BDC through its business lending and advisory process.

Eligibility

New, existing, and expanding small businesses located in Yellowknife, N'dilo, or Dettah may apply for eligible business financing.

Requirements

  • Business must be located in Yellowknife, N'dilo, or Dettah.
  • Applicant must be starting, operating, or expanding an eligible small business.
  • Applicant must submit a business plan or loan application to Akaitcho BDC.