BDIC and SBDC sign MOA

A memorandum of Agreement between the Sahtu Business Development Centre (SBDC) and the Northwest Territories Business Development and Investment Corporation (BDIC) was signed today.

The SBDC and the BDIC offer a range of credit and venture capital financing options to their clients.

The Agreement establishes a partnership that will improve the financial support available to NWT businesses, helping to fulfill the mandates of the organizations.

The purpose of the Agreement is to provide for joint client transactions in order to enhance the financing options offered to clients. This will also enable the SBDC to entertain loan applications for amounts exceeding its lending limit.

For more information, please contact:

Harold McGregor
General Manager
Sahtu Business Development Centre
867-587-2016

Brad Poulter
Manager, Communications and Board Support
Business Development and Investment Corporation
Phone: (867) 920-6452