Closed
CANtrade™
Flexible financing supporting Northumberland business growth and market expansion
Last Update: March 6, 2026
Funding available
$ 5,000 - $ 150,000
Timeline
- Open Date : June 1, 2024
- Closing date : October 31, 2025
Location
Northumberland, Ontario, Canada
Overview
CANtrade™ offers flexible business loans up to $150,000 to support companies in Northumberland seeking growth amid economic challenges. Eligible activities include market expansion, supply chain diversification, production capacity enhancement, investment in technology, and applied R&D with commercialization potential.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop strategic partnerships
- Develop a new product or service
Eligible Funding
- Maximum amount : 150,000 $
- Minimum amount : 5,000 $
Timeline
- Open Date : June 1, 2024
- Closing date : October 31, 2025
Eligible candidates
Eligible Industries
- All industries
Location
- Northumberland
- Ontario
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Expansion into new markets within Canada and internationally.
- Diversification and strengthening of supply chains.
- Increasing production capacity to meet new or growing demand.
- Implementing business development and marketing initiatives.
- Enhancing operational efficiency and competitiveness in the face of economic change.
Eligibility
Who is eligible?
- For-profit businesses based and operating in Northumberland, Ontario
- Existing and viable enterprises (not subsidiaries of foreign entities)
Who is not eligible
- Subsidiaries of foreign entities.
- Non-profit organizations (however, they may be eligible under a different program, not CANtrade™).
- Companies not located or operating in Northumberland.
Eligible expenses
- Diversification of supply chain costs.
- Expenses related to expansion into new Canadian or international markets.
- Investments to increase production capacity to meet new demand.
- Costs to improve operational efficiency and achieve cost savings.
- Professional services fees (consulting) that support eligible business objectives.
- Investments in localization, such as certification, legal requirements, labeling, testing, and adaptation of content, products, or services to specific languages and cultures.
- Expenses related to applied research and development (R&D) with short-term commercialization potential.
Eligible geographic areas
- Northumberland County, Ontario
- Renfrew County, Ontario (through SADC of Renfrew County)
- Peterborough, Ontario (through SADC of Peterborough)
Additional information
- Existing clients in good standing may be considered for similar flexibility on a case-by-case basis.
- If approved, a 1% loan management fee is applied.
- General liability and property insurance must be maintained for the duration of the loan and proof provided if requested.
- Funding decisions are made at the sole discretion of Nventure and are subject to competitive assessment and industry-standard due diligence.
Contacts
Frequently Asked Questions about the CANtrade™ Program
Here are answers to the most common questions about the CANtrade™. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the CANtrade™?
CANtrade™ offers flexible business loans up to $150,000 to support companies in Northumberland seeking growth amid economic challenges. Eligible activities include market expansion, supply chain diversification, production capacity enhancement, investment in technology, and applied R&D with commercialization potential.
How much funding can be received?
CANtrade™ Funds up to $150,000 of admissible expenses.
What is the deadline to apply?
The application deadline for this grant program was October 31, 2025.
Who is eligible for the CANtrade™ program?
To be eligible for the CANtrade™ program, you must:
For-profit business, not a subsidiary of a foreign entity
Existing and viable business located and operating in Northumberland
Can normally provide operational/financial statements for past three years
What expenses are eligible under CANtrade™?
Expansion into new markets within Canada and internationally.
Diversification and strengthening of supply chains.
Increasing production capacity to meet new or growing demand.
Implementing business development and marketing initiatives.
Enhancing operational efficiency and competitiveness in the face of economic change.
Who can I contact for more information about the CANtrade™?
You can contact Nventure or by phone at 1-888-670-1191.
Where is the CANtrade™ available?
The CANtrade™ program is available Northumberland, Ontario.
More programs like this
Expanded Energy Management ProgramMax $250,00050%
Southwestern Ontario Development Fund (SWODF) — Business project loans$500,000-$500,00015%- Eastern Ontario Development Fund (EODF) — Business project loans$500,000-$500,00015%
