Atuqtuarvik Corporation is a 100% Inuit owned investment company that was created by Nunavut Tunngavik Incorporated (NTI) and Nunavut Trust to help ensure direct Inuit participation in major economic opportunities.
Atuqtuarvik Corporation is a 100% Inuit owned investment company that was created by Nunavut Tunngavik Incorporated (NTI) and Nunavut Trust to help ensure direct Inuit participation in major economic opportunities.
Atuqtuarvik Corporation provides loans and equity investments to Inuit-owned businesses between the range of $150,000 and $3,000,000. For the purposes of business start-up, expansion, and acquisition. Eligible projects must be commercially viable, Nunavut-based and create benefits for Inuit in the areas of jobs, training, and social improvements.
Four criteria form the basis upon which individual applications for financing are evaluated. They are:
If you are interested in pursuing an application with Atuqtuarvik Corporation, we would require several items accompanying your signed application to complete our due diligence process:
The applicant must provide Atuqtuarvik Corporation with written authorization to verify information provided in the application through direct contact with the applicant’s bankers, accountants, creditors, employers, credit bureaus, etc.
Atuqtuarvik Corporation will need authorization on your CRA account. You can find this information at the CRA website https://www.canada.ca/en/revenue-agency.html All applications are subject to an administrative fee which is required prior to us completing our due diligence process. For more information: on Atuqtuarvik Corporation please visit our website at www.atuqtuarvik.com or reach us by phone at 867-645-5900 or Toll-free at 888-645-5901 or via email at Contact@atuqtuarvik.com
Upon receipt of a completed application package, and all supporting documentation, the Credit Department will complete the necessary due diligence process in order to make a recommendation to the Board of Directors. Once the Board of Directors make a decision on the application, the applicant will be advised of the outcome.