Business Development Project Fund (BDPF)
The Business Development Project Fund (BDPF) is a contribution program to help fund start-up expenses, expansion, raw materials (for arts and crafts production) and short-term projects that create employment. The maximum in any 5 year period is $10,000 ($20,000 for businesses in level II communities).
BDPF Aftercare Funding
The BDPF Aftercare Funding can provide businesses with contribution funding to purchase accounting software, take an accredited business or accounting course, obtain succession planning advice, or for travel costs to attend educational seminars promoted by the BDIC. The lifetime maximum for BDPF Aftercare Funding is $2,500 ($5,000 for businesses in level II communities).
Level I communities include Yellowknife (including N’Dilo), Hay River, Fort Smith & Inuvik. All other NWT communities are considered level II.