The event will be taking place at the Yukon Arts Centre and $2.6 million dollars will be given away in prize money to support Northern initiatives.
The Arctic Inspiration Prize 7th annual Awards Ceremony is quickly approaching tomorrow at 6:30pm at the Yukon Arts Centre.
2.6 million dollars will be awarded to projects aiming to better the lives of Northerners in all three territories, and three categories will make up the award ceremony.
Arctic Inspiration Prize Executive Director Marti Ford says there has been quite the process leading up to the awards ceremony tomorrow.
"The deadline this year was October 15th for proposals to be in. After that, we go into the selection process and we have a selection committee in Yukon, Northwest Territories and Nunavut. Each of those selection committee chooses finalists in each of their regions and then we have a national selection committee that took place December 17th. They make the decision as to who the final winners will be."
The National Selection Committee to make the final choices are also based from three three territorial regions, including youth, industry and and business stakeholders.
Ford says the prizes given out all help local northern initiatives.
"It's available to anyone in the Arctic to apply for a prize. We look for partnership so that organizations come together to find something that will improve the lives of people who live in the North. Last year for example, our million dollar winner was in Yellowknife to end homelessness and support people (there) who were living on the streets."
Local artists such a Northwest Territory artist Leela Gilday, Yukon artist Diyet and artist Elisapie from Northern Quebec will also be collaborating together and performing at the event tomorrow.
Anyone still interested in tickets to see the ceremony can go to the Arctic Indigenous Investment Conference website to purchase tickets.

Teslin RCMP arrest two following search warrant
CYFN's Moccasin Mobile Outreach Program receives national recognition for harm reduction efforts
Winter Games Wednesday with Nancy Thompson - Wednesday 25th February (Audio)
Tr’ondëk Hwëch’in and Yukon Government partner on Dawson land planning initiative
Yukon University strike averted as union reaches tentative agreement
Yukon Government seeks input on new École Whitehorse Elementary School location
Whitehorse 2026 Arctic Winter Games schedule unveiled
Jeremy Harper elected as Chief of Selkirk First Nation
Yukon government pauses implementation of Health Authority, considering repealing Health Authority Act
Yukon University withdraws from AWG
$300,000 fund boosts student attendance initiatives in Yukon schools
Whitehorse to host 2026 Broomball World Championships
Harper to run for SFN chief
Helicopters head to Alaska for exercise
First Nations warn of increased scrutiny at US border, citing ICE actions
Art brings hope to Whitehorse Shelter amidst challenging times
Yukon Schools to benefit from national School food program
Yukon Liberal Party shuffles leadership