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10TuesdayOctober212014October20th-26thSmallBusinessWeekTheDepartmentofIndustryTourismInvestmentcelebratesPowerUpYourBusiness.Invest.Innovate.Grow.StartingabusinessintheNorthwestTerritoriesWecanhelp...SupportforEntrepreneursEconomicDevelopmentInvestinginPeopleBusinessandOurFuture.TheDepartmentofIndustryTourismandInvestmentworksinpartnershipwithotherstoprovidequalityprogramsandservicesthatpromoteandsupportNorth-westTerritorieseconomicprosperityandcommunityself-reliance.FundingprogramscreatedbytheDepartmentofIndustryTourismInvestmenteachoftheSEEDPolicyProgramsisgearedtoprovidingbasiccontributionsforstartingyourbusinessimprovingcapacityorskillsorhelpingsmallcommunitiestoexpandeconomically.BusinessSupportApplicantsunderthiscategoryareeligibleforupto15000.Thiscategoryisforstart-upfundingcapitalassistanceop-erationalsupportandmarketproductdevelopment.SectorSupportThisnewapproachprovidesaborrowingincentiveupto15000ayearfordesignatedsectorsinterestreductionforupto2years.Forsectorresearchorinvestigationofnewopportunitiesthereisassistanceavailableupto25000.CommunityEconomicDevelopmentThisprogramprovidessupportofupto25000forarangeofbroadbasedcommunityeconomicdevelopmentinitiatives.MicroBusinessThiselementoftheSEEDpolicyismeanttoreplaceGrantstoSmallBusinesswithcontributionsofupto5000forself-employmentactivitiesaimedattraditionaleconomyartsBusinessIntelligenceNetworkingWherebusinesstripcostsexceeds1500assistancemaybeprovidedtoamaximumof3000.Eachapplicantmustcontrib-uteaminimumof1000towardstheeligiblecostsofeachtrip.ForfurtherinformationonanyoralloftheseexcitingprogramspleasecontactyourlocalEnergyNorthprovidesbiomasssolutiontogasshortagesCadillacofpelletboilersoffers50percentenergysavingsSMALLBUSINESSWEEK2014ByMEAGANWOHLBERGWithnaturalgassuppliesdryingupinNor-manWellsandInuvikandrisingcostsoffuelacrosstheNWToneNortherncompanyissteppingintoofferabiomassalternativetoheatingthroughoutthethermalcommuni-tiesandbeyond.EnergyNorthaGwichincompanybasedintheNWTistherstintheNorthtopro-videresidentsbusinessesandgovernmentaccesstothehighefciencyMaineEnergySystemskofenpelletboilerscapableofcut-tingannualheatingcostsinhalfandreduc-ingNorthernersdependencyonfossilfuels.TheNorthwestTerritoriesactuallycon-sumesover20percentofallthepelletssoldinCanada.ThisisquiteanamazingnumberreallysaidJanLarssonwhostartedthecompanyalongwithhisdaughterNinainEuropebeforebringingittoCanada.WhenIlearnedthatthiscompanydidnthavearepresentationinNorthernCanadarightawayIsaidtoNinaLetsgetgoinghere.IsawtheneedforituphereLarssonsaid.SinceitsinceptionsixyearsagoEnergyNorthhassuppliedover60woodpelletboilerstobusinessesgovernmentandhomeownersinNormanWellsInuvikandFortSimpsonandisnowmovingintoHayRiver.Thehigh-qualitymodelscomewithanum-berofuser-friendlyfeaturesincludingtheoptionofafullyautomatedfeedingsystemandautomaticashremovalandcleaning.Theboilersalsohavethecapacitytolinktogetherinwhatiscalledacascadesystemprovidinggreaterheatingcapacityforlargerbuildingswhenrequiredwhileusinglessenergythanotherindustrial-sizedboilersystemsespeciallyinthespringandfall.Itsonelinethatyoucancascadeto-gethertomakeonelargeboilersaidBrianLickochwhoteamedupwiththeLarssonstwoyearsagotosupplypelletsfortheop-erationinNormanWells.Theselargecas-cadesystemsareusuallyanywherefromtwotofourboilersandtheyonlystartupwhentheyrerequired-notallfourstartupatthesametime.Thebeneficialpartofthatistheyregoodintheshoulderseasonslikeinthefallandthespringtimewhentheweathersnotrealcoldandnotwarmingupyet.Thelargeboilersfromsomeothercompaniesdontworkefficientlyintheseshoulderseasons.Usingasmallboileryoudonthavethatproblem.homeownerbusinessoranythinginNor-manWellssothatskindofthereasonwhyIgotintobiomasstwoandahalfyearsagoLickochsaid.Itsacleanfuelcar-bonneutralandsubstantiallycheaperthanusingoilsotheresalotofbenefitstoit.ThoughGreenEnergyspelletdistri-butionislimitedtoNormanWellsatthemomentLickochsaidheslookingtoex-pandintotherestoftheSahtuandhasalsohelpedpeopleinInuvikstartuptheirownbulksupply.EnergyNorthalsohasplanstointro-duceanewproductinthespringspecifi-callywithYellowknifeinmindthatwillofferawoodpelletfurnacetohomeown-erstohelpcutdownontheirpowerbills.AlongwiththeboilersEnergyNorthalsoprovidesinstallationtrainingforthesys-temsinthecommunities.ThemostrecenttrainingtookplacelastwinterinNormanWellsbutmoreislikelytooccurinthespringeitherintheNWTorbysendinginterestedinstallerssouthfortheircourses.Sofar17peoplehavegonethroughthetwo-daycertificationcoursesthatallowthemtoinstallandsignoffontheMainesystems.Thoughtheunitsarepricey-15000forsmall-scale-Larssonsaidthepaybacktimeaveragesfourtosixyearsandthesystemswhichqualifyforrebatesareguaranteedalongevitynotprovidedbytheircompetitors.UpintheNorthwestTerritoriesourinstallationsrunatleast4500hoursayearingeneralbecausewehaveninemonthsofwinterinthesouththeyrun2200hours.ItputsalotofstressontheinstallationsoyouwanttobuysomethingwhichisreallywellmadeanddesignedsoyoucanrelyonthisforthelongrunLarssonsaid.HeandLickochinviteanyoneinterestedintheboilersystemstocheckoutEnergyNorthswebsiteandtrytheonlinesavingscalculatortoseejusthowmuchmoneycouldbeknockedofftheirbills.OurproductsalittleexpensivebutwecallittheCadillacofpelletboilers.Youpaymorefortheproductyougetandev-erybodyshappywiththemLickochsaid.Visitthecompanyspageonlineatwww.energynorth.caItsacleanfuelcarbonneutralandsubstantiallycheaperthanusingoilsotheresalotofbenetstoit.BrianLickochGreenEnergyNWTPhotoscourtesyofEnergyNorthAninstallationinFortSimpsonincludestheautomaticpelletfeederandstoragesystem.AsiloofpelletsconnectstoanoutdoorboilerroominNormanWells.LickochscompanyGreenEnergyNWTbringsin1000tonnesofpelletseachsum-merbybargesupplying43boilersinNor-manWells-includingthreegovernmentsystems-alongwithbaggedpelletsforresidentswithpelletstoves.BrianhasthelargestpelletstorageintheterritoryLarssonsaidandhesshow-casedwithhisownmoneywhatanybodyiscapableofdoingifyouwanttostoreandserveacommunitythesizeofNor-manWellssuccessfully.LickochseizedanopportunityaftertheoilsectorwhichhasdrilledinNor-manWellsforover70yearsnotifiedthetownthatthenaturalgasbyproductfromitsoperationswouldbedryingupbythefallof2014.In15daysorwhatevertherellbenomorenaturalgasavailableforany