It's an exciting time for businesses involved in mineral exploration in Nunavut. The program offers up to $8,000 each year to support essential project-related expenses, which can significantly help your operations. This grant gives you the financial freedom to focus on mineral discovery without the burden of repayment. It's an excellent avenue to boost your business and contribute positively to the local economy.

This funding is specifically tailored for locals in the mineral exploration sector, making it accessible regardless of your business size or experience. The lack of strict criteria means that whether you are just starting or a seasoned pro, you can apply with ease. Qualifying for this program is straightforward, allowing you to channel your resources into advancing your exploration initiatives rather than worrying about financing hurdles.

Taking advantage of this opportunity means more resources for your projects, leading to potential discoveries that may transform your business. The funding not only eases financial pressures but also empowers you to explore new possibilities in the rich mineral landscape of Nunavut. Act now to secure your grant and propel your ventures forward.

The financing provided is a grant, offering up to $8,000 per year to qualified prospectors.

Repayment Terms

• No repayment required. Since this is a grant, you won’t have to pay it back.
• Interest rates: There are no interest rates involved, as there’s no loan or financial obligation.

Eligible Expenses

Funds can be used for essential project-related expenses associated with mineral exploration. This may include:

• Equipment costs
• Travel expenses
• Permitting and consultation fees

Restrictions and Fees

• Prohibited uses: Funds cannot be used for unrelated business expenses or personal costs.
• Fees: There are no fees associated with applying for or receiving the grant.

This grant is designed to support you in your exploration efforts without the burden of repayment.

• Must be a resident of Nunavut.
• Up to $8,000 available per year for mineral exploration expenses.
• No minimum or maximum number of employees required.
• No minimum or maximum company revenue qualifications.
• All legal structures are eligible.
• All profit structures are eligible.

Disqualifications:

• Must not be based outside of Nunavut.

This program provides up to $8,000 each year to support your mineral exploration projects in Nunavut. If you’re working in this field, this funding can cover essential expenses related to your exploration efforts. It’s a great way to help boost your business while contributing to local mineral discovery.

There are no specific requirements for your business, so whether you're just starting or have been in the game for years, you can benefit from this financial support. This program opens doors for all local residents interested in promoting mineral exploration, making it easier for you to pursue your projects without overwhelming costs.

The money you receive is a grant, meaning you won’t have to pay it back. This is an excellent chance to invest in your business and further enhance your exploration initiatives in Nunavut.