grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
  • Construction
  • Manufacturing
  • Information and cultural industries
  • Professional, scientific and technical services
  • Other services (except public administration)
grant_single|grantors
  • Government of Ontario
  • Northern Ontario Heritage Fund Corporation (NOHFC)
grant_single|status
grant_card_status|closed

grant_single_labels|preview

If you are expanding your existing business operations in Northern Ontario, you can apply for funding in the form of a contribution up to $400,000 to cover 20% of the project costs, with an optional term loan of up to $600,000 to cover an additional 30% o

grant_single_labels|projects

Eligible projects and activities for this grant include:
  • Capital construction
  • Leasehold improvements
  • New or used equipment including capital leases
  • Land servicing costs
  • Information & communications technology (ICT) investments
  • Marketing for new products and business initiatives
  • Training costs incurred with third parties
grant_single|admissibleProjectsExample

$40,000

Thunder Bay
Expansion of office space with leasehold improvements in Thunder Bay.

$100,000

Sudbury
Purchase of new CNC machinery for wood manufacturing in Sudbury.

$60,000

North Bay
Implementing a new ICT system for service provision in North Bay.

$50,000

Sault Ste. Marie
Developing a marketing campaign for a new product in Sault Ste. Marie.

$80,000

Timmins
Land servicing for a new agricultural facility in Timmins.

$30,000

Kenora
Training program for new software implementation in Kenora.

grant_single_labels|admissibility

Eligibility Criteria:
  • Businesses expanding existing operations in Northern Ontario.
  • Projects must include job creation, secure investment from other sources, have a detailed business plan, and provide net economic benefits for Northern Ontario.
  • Additional business activities that benefit Northern Ontario may be considered.
  • Exceptions may be made for projects addressing priority economic needs in Northern Ontario.

grant_eligibility_criteria|who_can_apply

Yes, professional service businesses expanding operations to small communities with no existing full-time service provider or creating new services, processes, or products that do not exist in Northern Ontario are eligible for funding under the Invest North Program – Grow Stream.
  • Professional service businesses expanding to underserved small communities
  • Professional service businesses introducing new services, processes, or products in Northern Ontario

grant_eligibility_criteria|who_cannot_apply

There are specific types of companies that are not eligible for this grant. Beverage alcohol manufacturing companies, including spirit distilleries, breweries, wineries, and cideries are not considered eligible under the NOHFC’s INVEST North Program – Launch, Grow, or Locate Streams.
  • Retail and consumer service businesses
  • Accommodation & food service businesses
  • Businesses primarily involved in wholesale activities
  • Businesses focused on research and development
  • Mineral exploration, mine development, and milling operations
  • Electricity generation projects

grant_eligibility_criteria|eligible_expenses

Eligible expenses for this grant include capital construction, leasehold improvements, new or used equipment, land servicing costs, information & communications technology investments, marketing for new products, business initiatives, and training costs incurred with third parties.
  • Capital construction
  • Leasehold improvements
  • New or used equipment including capital leases
  • Land servicing costs
  • Information & communications technology (ICT) investments
  • Marketing for new products and business initiatives
  • Training costs incurred with third parties

grant_eligibility_criteria|zone

Many types of companies are not eligible for this grant, including retail and consumer service businesses, businesses primarily involved in wholesale activities, and businesses in the accommodation and food service sector.
  • Retail and consumer service businesses
  • Businesses primarily involved in wholesale activities
  • Accommodation and food service businesses

grant_single_labels|criteria

There are evaluation and selection criteria for this grant. The criteria include factors such as job creation, investment leverage, strength of the business plan, and net economic benefits for Northern Ontario.
  • Job creation
  • Level of investment leverage from other sources
  • Strength of the applicant's detailed business plan
  • Impact on existing Northern Ontario businesses
  • Net economic benefits for Northern Ontario
  • Other strategic activities that provide economic development advantage for Northern Ontario may be considered

grant_single_labels|register

  • Prepare a detailed business plan that meets the requirements outlined in the NOHFC's Invest North - Grow stream guidelines.
    • The business plan should clearly articulate the project goals, financial information, job creation plans, and other relevant details.
    • Ensure the business plan aligns with the evaluation criteria set by the NOHFC.
  • Submit the detailed business plan by the deadline of the relevant application intake round.
    • Round 1: Deadline of April 30
    • Round 2: Deadline of July 31
    • Round 3: Deadline of October 31
    • Round 4: Deadline of January 31
  • Wait for the evaluation of the application by the NOHFC Board of Directors.
    • Factors such as job creation, investment from other sources, and the strength of the business plan will be considered.
    • The Board may also assess the economic benefits for Northern Ontario and the potential advantage for economic development.

grant_single_labels|contact

807-475-1648
Apply to this program