Canada and Yukon Announce Funding to Advance Private Capital Investments in Yukon Businesses
Whitehorse, Yukon – January 24, 2025
The Government of Canada and the Government of Yukon have announced a joint investment of $10 million to support private capital investments in Yukon businesses. The funding will be delivered through the Yukon Investment Fund, a new initiative designed to attract and support private capital investment in Yukon.
“Our government is committed to supporting the growth of businesses in the Yukon,” said the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development. “This investment will help create jobs, drive innovation, and strengthen the Yukon economy.”
“The Yukon Investment Fund will provide critical support to Yukon businesses looking to access private capital,” said the Honourable Ranj Pillai, Minister of Economic Development for Yukon. “This funding will help businesses grow, expand, and create jobs for Yukoners.”
The Yukon Investment Fund will be administered by Invest Yukon, a Crown corporation responsible for promoting and supporting business investment in Yukon. The fund will invest in a range of Yukon businesses, including startups, small businesses, and large-scale projects.
“The Yukon Investment Fund is a game-changer for Yukon businesses,” said Dale Roberts, CEO of Invest Yukon. “This funding will help businesses access the capital they need to grow and succeed.”
The Yukon Investment Fund is part of the Government of Canada’s Regional Economic Growth through Innovation (REGI) program. REGI is a $950 million fund that supports economic growth in regions across Canada.
About the Yukon Investment Fund
The Yukon Investment Fund is a $10 million fund that will support private capital investments in Yukon businesses. The fund will be administered by Invest Yukon and will invest in a range of Yukon businesses, including startups, small businesses, and large-scale projects.
About Invest Yukon
Invest Yukon is a Crown corporation responsible for promoting and supporting business investment in Yukon. Invest Yukon provides a range of services to businesses, including:
- Business advisory services
- Access to financing
- Market research
- Site selection
About the Government of Canada
The Government of Canada is committed to supporting the growth of businesses in the Yukon. Through programs like REGI, the Government of Canada is providing businesses with the resources they need to succeed.
About the Government of Yukon
The Government of Yukon is committed to creating a strong and diversified economy for Yukon. Through programs like the Yukon Investment Fund, the Government of Yukon is supporting businesses and creating jobs for Yukoners.
Canada and Yukon to announce funding to advance private capital investments in Yukon businesses
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