The maximum available for any individual business under regular SEED programming in a given year is $25,000 and up to $30,000 with a Ministerial waiver. Applicants can apply for any type of support. The limit is on the total quantum. The one exception is for strategic initiatives, with up to $75,000 allowed. This was introduced as a pilot program two years ago, and the intention was to support larger projects that could have a real impact in terms of investments in local employment and communities. We had previously targeted two strategic investments per region at $75,000 apiece. This year, we are currently targeting one strategic investment per region in order to make as much funding available as possible to as many NWT businesses. However, as reflected in the guidelines released on May 11th, our approach is one of flexibility. I would encourage anyone who has been rejected under the SEED funding to follow up with my office and we will look at their application on a case-by-case basis.
Katrina Nokleby on Question 253-19(2): SEED Funding During COVID-19 Pandemic
In the Legislative Assembly on May 28th, 2020. See this statement in context.
Question 253-19(2): SEED Funding During COVID-19 Pandemic
Oral Questions
May 28th, 2020
Page 861
See context to find out what was said next.