Mining Incentive Program (MIP): Corporate Mining Incentive Program
“Northwest Territories. Industry, Tourism and Investment”
$240,000.00
Maximum Eligible Amount
Government Grant
Fund Type
Mineral exploration is vital to a healthy, sustained and productive mining industry. The Corporate module of the Northwest Territories (NWT) Mining Incentive Program (MIP) provides funding to exploration companies who propose new exploration projects or are already carrying out NWT mineral exploration work.
- The MIP is intended to stimulate and sustain mineral exploration activities throughout the NWT and reduce the risk associated with grassroots mineral exploration.
- The MIP is an initiative of the Northwest Territories Mineral Development Strategy (MDS) and was developed in response to the findings of the Stakeholders Engagement Panel. The MIP is modeled after successful incentive programs offered by other Canadian jurisdictions.