The Government of the Northwest Territories’ inaugural NWT Manufacturing Innovation and Technology Contribution has been awarded to Poison Graphics in Hay River.

The $100K investment will support the purchase of a HP R200 Latex Printer.

Introduced in the Northwest Territories Manufacturing, Strategy (2019), the contribution is designed to support manufacturers investing in technology aimed at reducing costs or improving productivity and resulting in increased local employment. This is the first year that the contribution has been awarded.

Northwest Territories (NWT) businesses can now apply to the Department of Industry, Tourism and Investment (ITI)’s Support for Entrepreneurs and Economic Development (SEED) Program for funding to get their financial books in order.

Up to $7,500.00 is available to individual businesses that need completed bookkeeping and/or financial statements to advance economic recovery or to apply for government funding. The total amount of funding available for this initiative is $400,000

For the first time in 15 years, the Great Slave Lake Winter Fishery opened yesterday.

It is anticipated that seven commercial fishing businesses will participate in this year’s winter fishery. They will be supported by a pilot program introduced by the Department of Industry, Tourism and Investment (ITI).

YELLOWKNIFE (December 21, 2020 ) – The Department of Industry, Tourism and Investment (ITI) has waived tourism insurance requirements and licensing fees for the 2021-22 fiscal year as COVID-19 impacts on tourism operators continue.

Under the Tourism Act, all tourism operators providing tourism services in the NWT are required to have a valid Tourism Operator Licence (TOL) with prescribed support documents including proof of insurance.

The Growth and Recovery by Investing in Tourism (GRIT) Fund will see approximately $3 million invested in the tourism industry in the NWT to help operators and businesses recover from the COVID-19 pandemic.

Funded in partnership with the Canadian Northern Economic Development Agency (CanNor), the GRIT Fund was introduced in August 2020 to respond specifically to the needs of the tourism industry post COVID-19.     

The fund was both extended and increased before closing in October.

An additional $100K is being invested in four exploration projects supported by the Mining Incentive Program (MIP).

The new funding is consistent with the Government of the Northwest Territories (GNWT)’s commitment to increase mining incentive programs by 50% over the next four years in order to attract and support both early-stage and advanced exploration projects.

Along with the new funding, $20K from an earlier-funded project which did not proceed has also been re-distributed.

The Government of the Northwest Territories is seeking proposals from Northwest Territories residents or companies for its pilot NWT Manufacturing Innovation and Technology Contribution.

Up to $100,000 will be made available to the strongest proposal for an investment in technology designed to reduce costs or improve productivity for an NWT business, while increasing local employment.

Proposals for this contribution can be received from members of the Northwest Territories Manufacturing Association as well as new businesses looking to become a manufacturer.

The Northwest Territories and Nunavut Geoscience Symposium begins today.

The free symposium will showcase approximately 60 research posters and pre-recorded oral presentations online at: www.geosympos.ca.

The symposium has been organized by the Northwest Territories Geological Survey (NTGS), and the NWT & Nunavut Chamber of Mines in place of the NWT/NU Geoscience Forum which was cancelled this year as a result of COVID-19 restrictions. 

Presentations are organized in the following themes:

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Members of the 19th Legislative Assembly, committed to “increase resource exploration and development” in the territory. This priority reflects the importance of the mineral resource sector to our economy both today and into the foreseeable future. 

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Mr. Speaker, one of our government’s guiding principles is to ensure that the expenditure of public funds maximizes economic benefits to Northerners and supports Northern business. This is consistent with our longstanding commitment to support Northwest Territories businesses and grow a strong, diversified economy.