Digital Funding for NWT Businesses: The ADAPT Fund
Understanding this opportunity
The Accelerate Digital Adoption Projects for Tomorrow (ADAPT) Fund, part of Prosper NWT’s Digital Support Program, provides financial support to help Northwest Territories businesses invest in digital tools and strategies. Eligible NWT-registered businesses can receive up to $2,600 through the ADAPT Fund to support digital adoption projects.
The program is designed to
- Enable businesses to implement websites, e-commerce systems, booking platforms, and related digital services
- Reduce the financial barrier for small businesses investing in their digital capabilities
- Support projects that help businesses establish or improve their online presence
- Help NWT businesses operate more efficiently and reach customers online
are you ELIGIBLE?
Not every business qualifies, but if you meet these requirements, you can apply for the ADAPT Fund. Funding for this program is distributed on a first-come, first-served basis.
- Be registered in the NWT;
- Be operational for three months or more;
- Be consumer-facing;
- Employ at least one person or generate $10,000 in annual gross revenue (past year or projected); and
- Must commit to maintaining a digital adoption strategy for a minimum of six months (in the case of a new website, it simply means keeping it online)
who isINELIGIBLE?
The following types of businesses are ineligible:
- Corporate chains, franchises, and licensed brands
- Registered charities and not-for profit organizations
- Representatives of multi-level marketing companies
- Brokerage firms and their agents (real estate, investment, insurance, etc.)
- Businesses engaging in online reselling or drop-shipping reliant third-party suppliers
Eligible Expenses
ADAPT funding may be used for:
- Developing a new e-commerce website or adding e-commerce functionality to an existing site
- Installing an e-commerce platform, including subscription fees
- Digital marketing for an e-commerce store
- Implementing online payment systems
- Setting up inventory tracking and sales management systems
- Up to 50% or $2,600 (whichever is less) of related hardware/software costs
- Professional fees to assist with eligible digital projects
how to apply
check if you qualify:
Confirm your eligibility.
Fill Out the Online Form:
Visit Prosper NWT’s website and complete the online application form.
Get Approved:
Applications are reviewed on a first-come, first-served basis. Approval times vary.
Complete your project:
Once approved, work with your chosen service provider to complete the digital project. After completion, submit your invoice and project report to Prosper NWT for reimbursement of eligible costs.
For complete program details, eligibility criteria, and application requirements, visit Prosper NWT’s official website.
At Oi Marketing, we help Northwest Territories businesses develop and implement digital strategies that meet funding requirements and achieve business goals. From website development to e-commerce solutions, we work with business owners to build an effective online presence.
If you’re considering applying for ADAPT funding and want to discuss your digital project needs, reach out to learn how we can help.
*This article is for informational purposes only and is not affiliated with or endorsed by Prosper NWT or the ADAPT program. For official program information and applications, please visit Prosper NWT directly.*