Welcome! E-Mail: admin@nwtmddf.com, Local: 867-873-9341, Toll-Free: 1-888-554-6333

About Us

THE MÉTIS-DENE DEVELOPMENT FUND(MDDF) PROVIDES FINANCING TO HELP START, EXPAND OR RUN YOUR BUSINESS.

We also work hard to help you succeed by providing strategic advice when you need it while learning about your business. That’s because if you’re successful, we’re successful. We value good character and a strong work ethic.

For more than 25 years, we’ve been helping develop the NWT’s business capacity by loaning over $20 million to more than 300 businesses. We currently have roughly 75 clients in a variety of sectors, such as construction, oil and gas, tourism and many others.

Learn more about us in our annual report.

OUR SERVICES

Originally mandated to provide loans for Dene and Métis businesses, the fund now supports all businesses across the NWT. Some of the services offered include:

Irrevocable Letters of Credit/Loan Guarantees

This is a guarantee made by the MDDF on a business’s behalf, often with larger projects for clients such as the Government of the Northwest Territories, and is offered in lieu of bonding.

The letters of credit the MDDF now offers are particularly important for its clients and required significant work to become recognized by the GNWT and managers of other large projects.

They’re important because they allow businesses to take on projects they might otherwise not have the capacity to handle.

Working Capital Loans/Lines of Credit

Money used to cover daily operating costs until accounts receivable are paid.

Term Loans

Money to pay for a start-up or expansion, paid back over a specific length of time

Business Advisory Services

Friendly day-to-day advice and planning for existing clients

Contributions

MDDF is also the service delivery agent for the Entrepreneurship and Business Development Fund. Visit our EBD Guidelines page for more information.