Business Incentive Policy | Government of Northwest Territories

Overview

The GNWT is committed to building a diversified, sustainable territorial economy by providing support for business and economic development throughout the NWT.

Purpose

The GNWT spends over $260 million annually on products and services. The purpose of Business Incentive Policy (BIP) is to give preference on government procurement to businesses that are owned and operated within the NWT. It is designed to promote economic growth and capacity within NWT Businesses and the economy.

Advantages of registering your company

Companies registered with BIP can receive a favourable bid adjustment over non-BIP companies. The bid adjustment is based on the value of the contract.

For contracts up to $1 million

15% NWT and 5% local adjustment

For contracts over $1 million

15% NWT and 5% local adjustment for the first $ 1million and 1.5% NWT and 0.5% local adjustment for the amount over $1 million.

Register your company

Eligibility

The registration requirement for BIP is majority ownership within the NWT (51%).
You must have been a resident within the NWT for the past 12 months.
Information such as: copy of driver’s license or T2222 Northern residency tax form will be required.

Forms

To register with the Business Incentive Policy, download and submit the application form.

Business Incentive Policy (BIP) Application Form

PDF • 667.02KB • Issued May 1, 2026

Download

Business Incentive Policy Application Appendix E - Statutory Declaration.pdf

PDF • 299.78KB • Issued April 30, 2024

Download

Applying BIP to your bids

Fillable versions of the forms for substantiating BIP content as well as examples of how to complete these forms can be found on the Policies, procedures, forms and templates page.

Registry of businesses

Visit the official registry of all approved northern businesses under the Business Incentive Policy. You can search by keyword, category, region and community.