Kativik Regional Government (KRG)

A. Kativik Regional Government (KRG)

i. Inuit Business Development Fund, Contributions towards (IBDF)

1. Research & Development
2. Establishment of businesses
3. Economic development projects

ii. Business Equity Fund

1. Complement promoter’s equity to assist in undertaking business projects by
   leveraging other KRG/KLDC and other funding/financing programs.

iii. Consolidated Makigiarutiit I & II Fund

1. Improve economic environment in the community/region through
   economic activities
2. The fund serves the business and social enterprise communities as well as
   specific economic sectors and community projects listed in the local
   employment and development plans.
3. This made-in-Nunavik policy responds to specific financial needs of
   economic sectors and community projects that other regional and provincial
   programs cannot provide support to.

iv. Makigiarutiit Fund III

1. Establish the conditions promoting the emergence of economic development (including assistance for the expansion of businesses)
2. Create and/or develop businesses
3. Create and/or consolidate jobs
4. Foster entrepreneurship among women and young people

v. Territories Development Fund (further info. to follow)

1. Type of projects: Social, cultural, tourism, economic, environmental,
   technological or others.

vi. Entrepreneurship Support Measure Fund

1. Provide technical assistance to support entrepreneurs

vii. Support Measures for Emerging Enterprises Support Measure Fund

1. Provide technical assistance to support emerging enterprises

viii. Agro food development

1. Participate in the development of the agro food sector

ix. Social Economy

1. Improve and consolidate the social economy