Shining Bright in Business Opportunities in Northwest Territories (NWT)
Did you know that the Northwest Territories is the world’s third-largest producer of diamonds? Beyond the glittering diamonds, the territory is renowned for its mesmerizing aurora borealis sightings. The Business Stream beckons individuals with entrepreneurial aspirations, offering avenues to start, invest, and operate businesses within the stunning landscapes of NWT. To embark on the Business Stream journey, applicants must commit a minimum equity of $300,000 CAD for launching or purchasing a business within Yellowknife, NWT’s corporate boundaries, or $150,000 CAD for ventures beyond Yellowknife. They should demonstrate ownership of at least 33.3% of the business, exhibit language proficiency at CLB 4 in English or an equivalent level in French, showcase a reasonable understanding of the Northwest Territories and its economic landscape, and possess the requisite experience and education to successfully implement the proposed business plan. Successful applicants will explore the business brilliance of Northwest Territories, guided by MAPDAT’s expertise!