Arctic Energy Alliance (AEA) has energy experts and rebate funding available to help your business conserve energy and improve its energy efficiency. If you own a business and are interested in saving money by reducing the amount of heating fuel, electricity and water used, or want to reduce your greenhouse gas emissions, the Commercial Energy Conservation and Efficiency Program is for you.
Contact the AEA for funding and advice for energy efficiency upgrades to your business.
1 Mackenzie Dr., Unit 3 PO Box 332
Norman Wells, NT X0E 0V0
Tel: 867.587.2354 Fax: 867.873.0303
Website: www.aea.nt.ca
Email: sahtu@aea.nt.ca
The BDIC established on April 1, 2005 by the Northwest Territories Business Development and Investment Act, is a Crown Corporation of the Government of the Northwest Territories. The BDIC provides a range of programs and services to help northern business succeed.
The BDIC supports the economic objectives of the Government of the Northwest Territories by:
The BDIC promotes financial independence, assists communities in capturing economic development opportunities, and helps develop a diverse and viable northern economy. The BDIC’s role in promoting and maintaining economic development and employment has both economic and social aspects.
Visit the BDIC website for more information – http://www.bdic.ca
The Center is a gateway to government information for business. They provide a very broad range of information on government services, programs and regulations; they also provide several useful services to business operators.
For more info visit – http://canadabusiness.ca/
Serving the communities of: Colville Lake, Deline, Fort Good Hope, Norman Wells, Tulita.
PO Box 149
1A Raven Road, 2nd floor Edward G. Hodgson Building, Norman Wells, NT X0E 0V0
Tel: (867) 587-7166
Fax: (867) 587-3018
Several programs are available through ITI; there is a local office in Norman Wells that provides support and program information. The following programs may be of interest:
Support for Entrepreneur and Economic Development (SEED) Policy — Consists of five categories with multiple elements to each. The program may help fund areas of business development such as business planning, start-up funding, expansion, business skills, and others.
Applications are available at the ITI office in Norman Wells, or please contact your local Economic Development Officer at busanalyst@theedgenw.ca or call 867-587-2016 at the Sahtu Business Development Centre.
See ITI’s Investment and Economic Analysis website for more information: http://www.iti.gov.nt.ca
The Norman Wells Financial Corporation is the financial arm of the Norman Wells Land Corporation. The NWFC collects funds from the regional land claims and manages the NWLC account. The NWFC is primarily focused on providing funding to benefit members, such as funding for permitted activities, scholarships and bursaries, as well as funding the operations of the Norman Wells Land Corporation. Click here for more information.
MDDF is an Indigenous owned (50% First Nations / 50% Metis) Access to Capital Corporation. We provide capital direct to client in a number of different ways (Term Loans, Working Capital Loan, Lines of Credit, Irrevocable Letters of Credit and others) as well as delivering CanNor’s EBD nonrepayable contribution program. We have no lower or upper limit on the amount we lend, EBD has a max per application of $99,999.00 (depend on qualifications). For lending there is no requirement to be Metis or Dene as we work with both Indigenous and non-Indigenous clients. The CanNor Contribution program does require clients to be majority Indigenous owned and controlled. Website is www.mddf.ca and inquiries can be made via email admin@mddf.ca or by phone at 867-873-9341 or by fax 867-766-3745. Applications are also PDF fillable on our website.
In addition MDDF owns G L Services Ltd. a business services company offer a number of business services and tax services to both business and individuals throughout the NWT. G L’s website is www.glservicesnwt.com
The Sahtu Business Development Centre is funded through the Community Futures program. They provide business loans to qualified applicants, and provide small business counseling and advisory services.
This local Centre can be reached by contacting:
Jenna Gauthier
Box 307
Ph: (867) 587-2016
Fax: (867) 587-2407
Email: sahtubdc@outlook.com
Economic Development and Tourism Officer
PO Box 5, 3 Mackenzie Drive
Norman Wells, NT X0E OV0
Tel: (867) 686-0737
Norman Wells’ community is characterized by its diversity. People from all around the world and families from the other northern communities are established in town. As a result, different cultures and languages coexist, including the Dene and the Metis. Norman Wells also contains a significant pan-Canadian and international immigrant population, such as approximately 30 Filipino people currently living in town. These immigrants were attracted by the work opportunities Norman Wells and the North in general have to offer. According to the Prince of Wales, Northern Heritage Centre, the Northwest Territories “is the only political region in Canada which recognizes 11 official languages”. In the Sahtu region, English, North Slavey and French are the most spoken languages.
The Economic Development and Tourism Committee (EDTC) is made up of seven members of the community whom are appointed by Council and two members from Council.
The mandate of the Norman Wells Economic Development and Tourism Committee is to support and expand the Community Economic Development initiatives to support, stakeholders from the community, business and industry within the municipality of Norman Wells and to encourage community development that enhances the quality of life of people working and living in the community, as well as future residents.
The Committee is currently in the process of implementing their top ten suggestions for Council to focus on regarding Community Economic Development initiatives, listed in the 2021-2026 Economic Development Strategic Plan.
The Town of Norman Wells is committed to engaging our residents and businesses in growing and developing our community. Send us your economic development suggestions by filling out the form below.
