NTI putting Inuit businesses under microscope

Nunavut Tunngavik’s main lending agency, Atuqtuarvik Corp., will soon create a snapshot of Inuit-run business, showing their strengths and weaknesses.

Atuqtuarvik staff hope to complete a survey of at least half of all companies listed on the territorial government’s Inuit firm registry by next month.

The survey will show what Inuit businesses are doing in various industries, and identify their financial downfalls, with hopes of developing an investment plan for the next five years.

The survey was ordered at NTI’s annual general meeting in Sanikiluaq last year.