Programs & Services

From Start-Up to Scale-Up: Our Role in Business Growth

The Baffin Business Development Corporation (BBDC) is dedicated to facilitating the progress and expansion of businesses in the Qikiqtani region. As a business service, lending, and counseling agency, we strive to fulfill our mandate of supporting the development and growth of enterprises.

BBDC remains steadfast in its mission to support Inuit businesses and the broader Nunavut entrepreneurial community. By providing the tools, capital, and guidance necessary for early business development, we empower clients to grow, adapt, and thrive—ultimately contributing to a stronger, more resilient territorial economy.

Have Questions?

We are here to help.
Give us a call at
1-800-263-2232 or email:
info@baffinbdc.ca

Programs & Services

The Baffin Business Development Corporation is dedicated to facilitating the progress and expansion of businesses in the Qikiqtani region.

We offer the following programs and services:

Business Development Loans and Guarantees

We offer repayable loans and loan guarantees of up to $250,000 to support the development and growth of small businesses.

Business Support and Counseling

We facilitate connections with other funding agencies and Economic Development Officers to ensure clients receive comprehensive support.

Youth Entrepreneurship Support

We deliver targeted training programs to equip our clients with the skills and knowledge necessary for business success.

Indigenous Women Entrepreneurship (IWE) Program

The Indigenous Women Entrepreneur (IWE) Micro-Loan Fund is designed to help Inuit, First Nations, and Métis women start, expand, or enhance their businesses. This fund provides accessible, flexible financing and support to empower Indigenous women in building strong, sustainable enterprises that strengthen their communities.

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Referrals and Liaison Services

We are committed to fostering youth entrepreneurship by providing mentoring and support to young business owners.

Business Policy Development and Advocacy

We actively engage in policy development, lobbying, advocacy, and networking to support a thriving business environment across our communities.

Training Programs for Business Clients

Our team provides assistance in developing business ideas, launching start-ups, expanding existing enterprises, and overcoming business challenges.

Indigenous Women Entrepreneur (IWE) Micro-Loan Fund

Empowering Indigenous Women in Business

The Indigenous Women Entrepreneur (IWE) Micro-Loan Fund is designed to help Inuit, First Nations, and Métis women start, expand, or enhance their businesses. This fund provides accessible, flexible financing and support to empower Indigenous women in building strong, sustainable enterprises that strengthen their communities.

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Fund Overview
  • Maximum Loan Amount: Up to $25,000
  • Grant Portion: 35% non-repayable
  • Loan Portion: 65% repayable at 5% interest
  • Equity Requirement: Minimum 5% of total project costs contributed by the applicant
  • Term: Up to 4 years (flexible repayment schedules available)
  • Eligible Uses: Business start-up or expansion, equipment, tools, technology, marketing, training, or inventory

What You’ll Need to Apply

  • Completed Application Form
  • Short Business Plan OR the IWE Business Planning Guide to outline your business concept, goals, financial projections and how the funds will be used
  • Quotes or Estimates for all major purchases (required for items over $1,000)
  • 5% Cash Equity Contribution of total project costs
  • Supporting Documents such as: proof of Indigenous ancestry, ID, resume, business license, insurance, and financial statements for existing businesses

BBDC will work with you on your application and provide guidance on completing your business plan and cash-flow forecast.

Who Can Apply
  • Indigenous women (Inuit, First Nations, Métis) aged 18+
  • Individuals starting or expanding a business in Nunavut
  • Applicants who can contribute a small amount of equity and demonstrate a viable business idea
Business Support and Mentorship

In addition to financial assistance, participants gain access to:

  • Business planning tools and templates
  • Advisory and aftercare services
  • Training workshops and peer networks
  • Financial literacy resources
Why Apply
  • Combines loan and grant funding for greater flexibility
  • Tailored to Indigenous women’s unique business needs
  • Offers local, personalized support from experienced development officers
  • Builds entrepreneurship capacity and strengthens local economies
How to Apply

Contact BBDC for the application and initial meeting session:

Tel: (867) 979-1303
Toll Free: 1-800-263-2232
Email: info@baffinbdc.ca

We’re here to help you start strong and grow confidently — one step, one business, one woman at a time.

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