About Us
Baffin Business Development Corporation
The Baffin Business Development Corporation 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.
Our Principles
At Baffin Business Development Corporation, we are guided by the following principles:
Empowering individuals and businesses to achieve self-reliance and success through our unwavering support.
Acknowledging the significance of both traditional and non-traditional economies, as well as community involvement in enhancing the quality of life for Qikiqtani residents.
Embracing a higher level of risk compared to commercial financial institutions to enable entrepreneurial endeavors.
Collaborating with partner organizations to proactively identify emerging business opportunities and positioning ourselves to respond effectively.
Recognizing that individuals play a crucial role in the prosperous development of businesses.
Honoring and preserving the confidentiality and security of our clients’ information while maintaining utmost respect for them.
Respecting the cultural values specific to the Qikiqtani region.
Conducting our operations in a transparent, accountable, and professional manner.
Board of Directors
The backbone of BBDC is our regionally based, six-member Board of Directors. These dedicated volunteers bring a deep understanding of business, and the unique challenges faced by the Qikiqtani region, guiding our organization toward continued success.
Governance
There are six board positions, each serving staggered three-year terms.
Director – Pangnirtung
Secretary/Treasurer – Iqaluit
Chair – Iqaluit
Vice-Chair – Arctic Bay
Director – Iqaluit
Director – Sanirajak
Staff
Our staff is committed to providing exceptional support and ensuring that our clients receive the resources they need to thrive in their business endeavors.
- Valerie Kosmenko, Chief Executive Officer
- Carol Tootoo, Office Administrator
- Missy Ellsworth, Officer Manager/Corporate Secretary