Governments of Canada and Yukon Announce Funding to Support Private Investment in Yukon Businesses
Whitehorse, Yukon, January 28, 2025 – The Governments of Canada and Yukon today announced a new funding program to support private investment in Yukon businesses. The program, called the Yukon Investment Fund, will provide up to $20 million in funding to support projects that create jobs, drive economic growth, and enhance the competitiveness of Yukon businesses.
The Yukon Investment Fund will be administered by the Yukon Development Corporation (YDC), a Crown corporation of the Government of Yukon. YDC will provide loans, equity investments, and guarantees to Yukon businesses that are looking to expand, innovate, or create new jobs.
“The Yukon Investment Fund is a great opportunity for Yukon businesses to access the capital they need to grow and succeed,” said the Honourable Dan Vandal, Minister of Northern Affairs, Prairies and Economic Development. “This fund will help to create jobs, drive economic growth, and enhance the competitiveness of Yukon businesses.”
“Our government is committed to supporting the growth of the Yukon economy,” said the Honourable John Streicker, Premier of Yukon. “The Yukon Investment Fund will provide Yukon businesses with the financial support they need to innovate, expand, and create jobs.”
The Yukon Investment Fund is open to businesses of all sizes and sectors. Businesses can apply for funding for projects that will create jobs, drive economic growth, and enhance the competitiveness of Yukon businesses.
“The Yukon Investment Fund is a welcome addition to the suite of programs and services that YDC offers to Yukon businesses,” said Kristy McPherson, CEO of YDC. “This fund will help to fill a gap in the financing market and provide Yukon businesses with the capital they need to grow and succeed.”
Businesses interested in applying for funding from the Yukon Investment Fund can contact YDC at 1-800-661-0408 or visit the YDC website at www.ydc.ca.
Contact Information:
Media Relations Yukon Development Corporation 1-800-661-0408 media@ydc.ca
Governments of Canada and Yukon announce funding to support private investment in Yukon businesses
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