Program Contact Details
Contact@atuqtuarvik.com
888-645-5901
What is this funding for?
Financing for Inuit businesses in Nunavut
Program Description
Atuqtuarvik Corporation provides loans and equity investments to Inuit-owned businesses between the range of $150,000 and $3,000,000. For the purposes of business start-up, expansion, and acquisition. Eligible projects must be commercially viable, Nunavut-based and create benefits for Inuit in the areas of jobs, training, and social improvements.
Steps to Apply
1. Review eligibility criteria to ensure the project is Nunavut-based, Inuit-owned, commercially viable, and benefits Inuit communities
2. Prepare required documentation, including verification of Inuit Firm Status, resumes for key individuals, ownership and management structure, business licenses, proof of insurance, WSCC coverage, proof of enrollment under the Nunavut Agreement, description of proposed business activity, investment request, market analysis, financial projections and history, details of proposed financing from all sources, strategic and project implementation plans, letters of intent or regulatory approvals, anticipated benefits to Inuit, environmental assessments if applicable, and a completed Personal Net Worth Statement
3. Provide written authorization for Atuqtuarvik Corporation to verify information through direct contact with bankers, accountants, creditors, employers, credit bureaus, etc.
4. Authorize Atuqtuarvik Corporation to access your CRA account for verification purposes
5. Pay the required administrative fee prior to the due diligence process
6. Submit the completed application package with all supporting documentation to Atuqtuarvik Corporation