Business owners who are taking a hit to their bottom line during ongoing public health restrictions in the territory may now apply for one-time relief funding, the Business Development and Investment Corporation announced in news release, Sept. 28.
The Business Development Project Fund (BDPF) Aftercare Relief will give affected businesses up to $2,500 in Ndilo, Yellowknife, Fort Smith, Hay River, and Inuvik and up to $3,500 in every other community in the NWT.
The funding is separate from the investment corporationSA¹ú¼ÊÓ°ÊÓ´«Ã½™s existing BDFP Aftercare program, and distributed funds will not count towards the original programSA¹ú¼ÊÓ°ÊÓ´«Ã½™s lifetime maximums, the release reads.
The fund is capped at $100,000 and will remain available either until March 2022 or until all the money has been spent.
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