AAA Advisory Logo

CNBSC – Kivalliq, Nunavut

Up to $1,000,000,000
Type
EXPERT ADVICE
Application Difficulty
MEDIUM
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

Hello,

The Canada Nunavut Business Service Centre (CNBSC) is a fantastic opportunity for your business. Why is this program for you? It's designed to support businesses in Nunavut, offering a range of services tailored to your needs. Whether you're starting fresh or planning to expand, you'll find the guidance and resources you need right here.

What's in it for you? Access to funding resources, expert advice, and mentorship programs. Plus, the CNBSC provides a workspace with a computer and printer, perfect for drafting business plans or managing your operations. How does this help? It simplifies your business tasks, from accounting to tax-related matters, thanks to additional services like Commissioner for Oaths and a Volunteer Income Tax program. Is it easy to qualify? Absolutely. There are no restrictions on company size or revenue, making it accessible to all businesses in Nunavut.

By tapping into these resources, you'll streamline your operations and focus on what matters most—growing your business. This program offers a unique blend of support and convenience, making it a valuable asset for any business owner in Nunavut.

Financing Details

This program offers a Grant, meaning you do not need to repay the funds provided. This is particularly advantageous for your business as it reduces financial risk and does not burden your cash flow.

Eligible Expenses:

  • The grant can be used towards operational costs such as salaries, rent, utilities, and marketing.
  • It also covers costs associated with professional services like accounting and legal advice, which are crucial for business management and expansion.

Non-Eligible Expenses:

  • The funds cannot be used for purchasing real estate or making investments unrelated to the direct activities of your business.
  • It also excludes personal expenses or anything not directly linked to business operations.

Fees:

  • There are no application or processing fees associated with this grant. This makes it a cost-effective option for securing additional funding for your business operations.

Qualifications

  • Business must be located in Nunavut, Canada.
  • Business should be seeking information on government services.
  • Business must be interested in accessing reports and library resources.
  • No specific revenue or number of employees required.
  • No disqualifications mentioned in the context.

Description

The Canada Nunavut Business Service Centre (CNBSC) is here to support your business journey. You can access a range of business support services—from funding resources to expert advice and mentorship programs. Whether you're starting a new venture or looking to expand, this program is designed to provide the guidance you need.

Located in Nunavut, the CNBSC offers a small library and desk space equipped with a computer and printer. These resources are available for your use, whether you're drafting business plans, seeking funding, or even updating your resume. You can also get help with accounting software and other business tools, making it easier to manage and grow your business.

In addition to business support, the CNBSC provides services like Commissioner for Oaths and a Volunteer Income Tax program. These services are especially beneficial if you're looking to streamline your business operations or need assistance with tax-related matters. With no restrictions on company size or revenue, this program is open to all businesses in Nunavut, making it a valuable resource for your entrepreneurial needs.

Program Steps

  1. Gather Required Documentation
    Prepare the following documents for your application:

    • Business plan
    • Financial statements
    • Identification (e.g., driver's license or passport)
    • Tax information (if applicable)
  2. Visit the Canada Nunavut Business Service Centre (CNBSC)
    Go to the CNBSC location to access resources and support.

  3. Utilize Available Resources
    Use the computer and printer to draft your application and any necessary documents.

  4. Complete the Application Form
    Fill out the application form provided by the CNBSC. Ensure all sections are completed accurately.

  5. Submit Your Application
    Submit your completed application along with the required documentation to the CNBSC staff.

  6. Follow Up
    Check in with the CNBSC to confirm receipt of your application and inquire about the next steps.

  7. Prepare for Guidance and Support
    Be ready to receive expert advice and mentorship from the CNBSC as you move forward with your business journey.

Visit Program Website