Nunavummi Nangminiqaqtunik Ikajuuti Procurement
Highlights
This program is designed specifically for businesses like yours in Nunavut. By registering with the NNI Secretariat, you can gain a significant advantage when bidding on Government of Nunavut contracts. You will receive a 5% bid adjustment, which can make a big difference in winning contracts and growing your business.
Key Benefits:
- 5% bid adjustment on Government of Nunavut contracts
- No fee for registration or renewal
- Additional bid adjustments if your business is an Inuit Firm registered with NTI
This program offers a straightforward and cost-free way to enhance your business opportunities. By being approved, you can increase your chances of securing government contracts, which can lead to more revenue and growth for your business. The registration process is simple, making it easy for you to qualify and start benefiting right away.
Financing Details
Type of Financing: Grant
Repayment Terms:
- No repayment required.
Eligible Expenses:
- Business development and expansion.
- Equipment purchases.
- Marketing and promotional activities.
- Training and skill development for employees.
Use of Funds:
- Funds can be used for operational costs, such as salaries, rent, and utilities.
- Funds cannot be used for personal expenses or non-business-related activities.
Fees:
- No fees associated with the application or receipt of the grant.
Qualifications
- Must be registered as a Nunavut Business with the NNI Secretariat.
- Must renew the registration when required.
If an Inuit Firm, must be registered with Nunavut Tunngavik Incorporated (NTI).
Disqualifications:
- Businesses not registered with the NNI Secretariat.
- Inuit Firms not registered with NTI.
Description
This program offers your business a 5% bid adjustment when you bid on Government of Nunavut contracts. This means you have a better chance of winning contracts, giving you a competitive edge.
If your business is an Inuit Firm registered with Nunavut Tunngavik Incorporated (NTI), you can receive additional bid adjustments. This further increases your chances of securing government contracts, which can lead to more business opportunities and growth.
There is no fee to register or renew your NNI Registration. This makes it easy and cost-effective to take advantage of the program's benefits.
Program Steps
Register Your Business:
- Visit the NNI Secretariat website.
- Complete the business registration form.
Prepare Documentation:
- Gather necessary documents, including:
- Proof of Nunavut business registration.
- Inuit Firm registration (if applicable).
- Business financial statements.
- Business plan.
- Any additional documents requested in the application form.
- Gather necessary documents, including:
Complete the NNI Application:
- Download the NNI Application 2024 from the website.
- Fill out all required fields accurately.
Submit the Application:
- Submit the completed application form along with the required documentation to the NNI Secretariat.
- Ensure all documents are properly attached and labeled.
Review and Confirmation:
- Wait for confirmation from the NNI Secretariat.
- Respond promptly to any requests for additional information or clarification.
Renew Registration:
- Keep track of your registration expiry date.
- Renew your registration as required to maintain eligibility for the bid adjustment benefits.