Economic Impact & Employment

In 2024 Glooscap Ventures:

$1.2M

Total Distribution to GFN

$5,000

In Community Scholarships

$0.5M

Invested in Community Infrastructure

$20,000

In Community Donations

$42.4M

Direct Economic Benefit

220 tCO2e

In GHG Reduction

Reinvesting Profits for Community Growth

Our businesses don’t just create revenue—they create results. Profits earned from ventures like renewable energy, gaming, seafood, and commercial development are reinvested back into:

Community programs and services
Infrastructure projects
Education and training
Future business development
Direct Community Member Payments

We believe wealth generated on our land should stay on our land—and be used to lift everyone.

Total Distribution to GFN in 2024: ~$1,200,000

Total Distribution to GFN since our founding: ~$7,600,000

$2.4M invested in community infrastructure in 2023 & 2024

This includes the Mawi'omi Grounds and community solar array.

Creating Jobs for Glooscap Members

We’re one of the largest employers within Glooscap First Nation, with roles across diverse industries—many of them created through partnerships and new investments.

We prioritize:

Hiring GFN members whenever possible
Building pathways for youth employment
Training and promoting from within
Offering good jobs with long-term potential

We also support members working outside Glooscap by helping them gain skills, access resources, and build their own ventures.

50% of our employees at Glooscap Ventures are Indigenous

Economic Self-Sufficiency in Action

By generating revenue and creating employment, Glooscap Ventures helps reduce reliance on external funding. This gives our Nation the freedom to lead its own path—on our terms.

84% of GFN's revenue was generated from Glooscap Ventures.

Supporting our Community

At Glooscap Ventures, we are committed to strengthening our community by supporting local organizations, sponsoring events, and funding initiatives that have a lasting impact. Every year, we allocate over $20,000 to sponsor community member sports teams, local charities, and various events that enrich the lives of Glooscap First Nation members.

Organizations We Support

Glooscap Ventures proudly partners with a range of local organizations and initiatives, helping to improve the social, educational, and cultural fabric of our community. Some of the organizations we support include:

Big Brother Big Sisters of the Annapolis Valley
West Hants Search and Rescue
Royal Canadian Legion
PANS Crime Prevention
Rotary Club - Honoring Indigenous People
Annapolis Valley Chamber of Commerce Woman of Excellence Awards
Valley’s Best Award

Additionally, we support internal Glooscap community events, such as:

Glooscap Youth Snowboarding Team
Team Kespukwitk Summer Games
Glooscap Wije’wi Fun Run
Glooscap Mawi'omi
Orange Shirt Day

Each year, we contribute to sponsoring sports teams for Glooscap First Nation community members, ensuring our youth and athletes have the resources they need to excel.

Our Annual Soar Up Scholarship

To support the education and growth of our youth, we offer two annual Soar Up Scholarships, each valued at $2,500. These scholarships help students further their studies at post-secondary institutions and build a bright future. We encourage community members to apply and take advantage of this opportunity to invest in their education.

Apply for the Soar Up Scholarship

Sponsorships and Applications

We offer sponsorship opportunities for local teams, events, and initiatives that positively impact Glooscap First Nation. Whether it’s sports teams, community festivals, or charitable events, Glooscap Ventures is proud to help fund programs that benefit our people.

Apply for Sponsorship

$20,000 a year is dedicated to local sponsorships

220 tonnes of GHG reduction in 2024

Reducing Our Carbon Footprint

At Glooscap Ventures, sustainability is more than a commitment — it’s a responsibility. In 2024, we reduced greenhouse gas (GHG) emissions by 220 tonnes through targeted clean energy investments that benefit both our community and the environment.

Our 2024 GHG Reductions Came From:

Solar energy installation at Yarmouth Bar Fisheries
Solar system expansion at Glooscap Landing
Installation of 2 new electric vehicle (EV) chargers
Energy efficiency upgrades company wide

These initiatives help lower operating costs, reduce reliance on fossil fuels, and move us closer to energy independence—all while aligning with Net Zero goals and the stewardship values of Glooscap First Nation.

Equivalent to removing ~47 gas-powered vehicles off the road for a year.

Looking Ahead

We are building the next generation of prosperity—by growing our businesses, investing in our people, and creating a strong economic foundation for future generations.

If you’re a Glooscap member looking for work, interested in training, or want to explore business opportunities, we’re here to help.

📧 Contact us: admin@glooscapventures.com
📝 Explore Opportunities: Careers