Special Edition Small Business Week
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1257+:(677(55,725,(6 Sacred Heart victims honoured Volume 74 Issue 26 MONDAY, OCTOBER 21, 2019 $.95 (plus GST) Entrepreneurs shine Business owners and experts offer their advice on succeeding North of 60 Special edition Small Business Week Reform founder talks resources Families continue search for fishermen Hurrying hard with Inuvik kids Dayna King, left, and Nikki Ashton – the co-owners of La Dee Dah Boutique in Hay River expanded with a second location in Yellowknife at the end of 2018. They're just the sort of merchants celebrated during Small Business Week, Oct. 20 to 26. Paul Bickford/NNSL photo Publication mail Contract #40012157 "Have a mentor. Don't try and do it all yourself and wear it all yourself." 7 71605 00200 2 – Bill Kellett of Kellett Communications, just one business owner who offers his advice to budding entrepreneurs this issue, page 5. 2 NEWS/NORTH NWT, Monday, October 21, 2019 small business week NEWS/NORTH NWT, Monday, October 21, 2019 3 Did we get it wrong? News/North is committed to getting facts and names right. With that goes a commitment to acknowledge mistakes and run corrections. If you spot an error in News/North, call (867) 873-4031 and ask to speak to an editor, or email editorial@ nnsl.com. We'll get a correction or clarification in as soon as we can. NEWS Briefs How to vote today NWT Federal election polls will be open from 7:30 a.m. to 7:30 p.m. today, Monday Oct. 21. There are three ways to verify your identity and cast a vote. First, show one piece of govern- ment ID with your photo, name and current address, or your driver's license. Second, you could show two pieces of ID, both with your name and at least one with your address. These could include your voter information card, and a bank statement, a utility bill and a student ID card, or any of the approved ID forms listed on the Elections Canada website. Third, failing all of that, you can still vote if you declare your identity and address in writing and have someone who knows you and who is assigned to your polling station vouch for you. NNSL file photo The voucher must be able to prove their The Northern Farm Training Institute is a shining example of a successful small business in the Northwest Territor- identity and address. A person can vouch for ies. Pictured in one of their greenhouses is Sheldon Nicholson, site supervisor for holistic management and only one person (except in long-term care insti- Jackie Milne, right, president. tutions). Visit elections.ca and click on "where do I vote?" to find your polling station location. – Craig Gilbert How to start a business in the NWT The Chambers are calling Resources are still important, but for startups, diversity is king NWT/Nunavut by James O'Connor The GNWT has also developed an former clients in 2017-18. Fresh off of the Opportunities North con- Northern News Services Agriculture strategy to encourage local The $204,000 Business Development ference in the capital, the NWT and Nunavut Small-and medium-sized businesses food production "and shepherd the sector Project Fund was divvied up among 40 Chamber of Mines and the NWT Chamber of make up about 90 per cent of all businesses towards commercial viability." applicants in 2017-18, as previously reported Commerce are holding a meet and greet for the in the Northwest Territories. Efforts are also underway to revitalize in News/North. new crop of MLAs just sworn in. The GNWT states that those businesses the Great Slave Lake commercial fishery, That funding aids business start-ups and But only one of them – R.J. Simpson – has provide employment opportunities, provide with a new fish processing plant in Hay expansions and allows artists and craft- RSVP'd. products and services and help to offset River. makers to buy raw materials. Since 2005- In fact Yellowknife MLAs Julie Green and "peaks and valleys of our resource-based A revamped NWT Arts website now 06, the BDIC has approved 338 applica- Kevin O'Reilly are holding their own event the economy." includes a Where to Buy feature, which tions for a total of $2.4 million in Business same night, seeking feedback from constituents And the GNWT offers several programs connects regional, national, and inter- Development Project Fund money. on their choices for cabinet and premier (they to assist individuals, entrepreneurs, busi- national customers to NWT-made art. The GNWT is attempting to support advertised it in Yellowknifer this week). nesses and groups. The territory's film industry has also economic diversification with investments The dinner is scheduled for 6-8:30 p.m. Oct. In 2017-2018, $17.6 million in grants and seen GNWT help. Eleven film projects in agriculture, arts, commercial fishing, 22. contributions was provided to more than have received support under the NWT manufacturing, tourism, traditional har- "We appreciate that many of you spoke 500 individuals, entrepreneurs, businesses Film Rebate Program since the program vesting and the knowledge economy. during your campaigns ... to the importance and groups in the territory. launched in 2015, states the GNWT. Those The Support for Entrepreneurs and Eco- of a responsible and healthy mineral industry," "The Government of the Northwest rebates have leveraged around $1.5 million nomic Development Policy (SEED) is one an open letter from Mines chamber president Territories works every day to support in economic investment by film projects in of those programs. Gary Vivian and NWT chamber president Jenni entrepreneurs, Indigenous and community the NWT. Funding is available in six categories: Bruce. governments, and other organizations in Through the department of ITI, the • Entrepreneur Support – Craig Gilbert driving economic development across our GNWT develops, promotes and sustains • Sector Support territory," outgoing Minister of Industry, "an environment in which NWT entre- • Community Economic Development Aklavik man hurt Tourism and Investment (ITI) Wally Schu- preneurs and small business owners are • Micro Business mann stated earlier this year in a news empowered to invest, take risks and pros- • Business Intelligence and Networking in assault release. per," stated ITI information. • Strategic Investments Aklavik "While our economy relies on the "We do so with targeted policies, pro- Regional Economic Development Offi- A man sustained life-threatening injuries resource sector as its foundation, our gov- grams and funding initiatives – and in cers help with navigating the application following a serious assault in Aklavik earlier ernment has committed to fostering an partnership with organizations such as the process and provide guidance as business this month, say RCMP. economic environment where our residents Business Development and Investment Cor- owners move forward with their projects. Police responded to a residence in the com- can find success across a variety of sec- poration and Community Futures Organ- Keep in mind that the SEED Policy munity at around 4:40 p.m. Sunday, Oct. 6. tors," Schumann told the NWT Legislative izations. When businesses succeed, NWT Application Form is an application only and where they located a 36-year-old man who was Assembly earlier this year. residents have access to more opportunities, additional documentation may be required laying on the ground with serious injuries. "And while our economy relies on the and our communities grow more vibrant." to assess eligibility, notes the department. The injured man was medevaced to Yellow- resource sector as its foundation, our gov- The NWT Business Development and Completion of the application form does knife, and then to hospital in Edmonton. ernment has committed to fostering an Investment Corporation (BDIC) disbursed not guarantee funding for the proposed A 28-year-old man has been arrested in con- economic environment where our residents $7.7 million in new loans, subsidies and project. nection with the assault. can find success across a variety of sectors. contributions in 2017-18. That raised the Interested parties should contact the – Brendan Burke "But it is also this government's view BDIC's total loans to $46 million. regional office to set up an appointment. that true economic diversity for the NWT As previously reported by News/North, As previously reported by News/North. also means getting the most out of second- the largest clients in 2017-18 were in The SEED program is budgeted at $3.9 mil- Rescue tech tested near Tuk ary industries arising from our diamond the construction industry ($3.2 million); lion in 2019-20, just a touch more than the Tuktoyaktuk sector, while also working to branch out finance, insurance, real estate and leasing $3.8 million allocated last year. In a rescue scenario last month, RCMP and encourage the responsible development ($2.2 million); and retail trade ($1.1 mil- Another resource for businesses is Can- tested a marine vessel tracking system that led of new resources." lion). Then followed the South Slave ($3.5 ada Business NWT (CBNWT). them to the assistance of two fictional hunters One growing area is the tourism sec- million), followed by the Beaufort Delta A member of the Canada Business Net- outside of Tuktoyaktuk, an Oct. 10 news release tor. GNWT statistics show that in 2017-18, ($1.6 million), the Sahtu ($1.4 million) and work, CBNWT provides a wide range of said. visitors spent more than $203 million in the the Deh Cho ($616,500). In total, 93 per information on services, programs and regu- The exercise was designed to test the "Auto- Northwest Territories – more than $36 mil- cent of the loans went to clients outside of lations and will help to answer questions matic Identification System (AIS), (which) is a lion in gains since 2015.