Minister Dan Vandal announces funding to help support continued growth and innovation

Canadian Northern Economic Development Agency

Yellowknife, Northwest Territories - Canadian Northern Economic Development Agency (CanNor)

Small businesses and their workers are the backbone of the territorial economies and the heart of communities across the North and Arctic. They keep our economy running and the Government of Canada will continue to support small businesses ensuring that they have the resources and capacity to grow.

Today, the Honourable Dan Vandal, Minister of Northern Affairs, Minister for PrairiesCan and Minister for CanNor, announced an investment of $50,000, delivered by CanNor, for the Yellowknife Chamber of Commerce as they host two local business capacity development events in the Northwest Territories (NWT). The first is the Small Business Week Conference held during Small Business Week 2022, which runs October 16 - 22, and the second one is the Trailblazers Symposium to be held in March 2023.

Federal investment supports the Yellowknife Chamber of Commerce's Small Business Week programming and the Trailblazers Symposium

CanNor funding will support the Yellowknife Chamber of Commerce in presenting an expanded program during Small Business Week, including sessions with business, technology and motivational speakers. This project will improve the Chamber's ability to deliver quality professional development events that build skills and promote business development in the NWT. CanNor funds will support the facility and equipment rental fees, professional fees, advertising, promotion and other associated costs.

The Chamber, through CanNor's investment, will also host the Trailblazers Symposium on International Women's Day in March 2023, which will include an in-person lunch and a series of virtual events. This Symposium will provide an opportunity to celebrate the contribution of women in business, while also providing training and professional development opportunities for women entrepreneurs.

This funding from the Inclusive Diversification and Economic Advancement in the North (IDEANorth) program focuses key investments on helping to diversify the economy of the NWT. Continuing to support small businesses in moving beyond economic recovery to growth, innovation and a greater ability to adapt to changing market realities is a priority for the Government of Canada.

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