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Funding

“Providing information and facilitating access to various provincial and federal programming.”

There are many funding programs that support northern Ontario entrepreneurs and businesses during all stages of development. While the PIC strives to keep this list updated and relevant, we do not guarantee this, nor is this list exhaustive. We recommend you contact The Business Enterprise Centre, Timmins Economic Development Corporation, and other regional partners for information on other potential programs.

Northern Ontario Heritage Fund Corporation (NOHFC)

The Northern Ontario Heritage Fund Corporation (NOHFC) is a crown corporation and development agency of the Ontario government that invests in northern businesses and municipalities through conditional contributions, forgivable performance loans, incentive term loans and loan guarantees.

  • Northern Innovation Program – Applied Research & Technology Development Projects
    The Northern Innovation Program supports the vision of the Growth Plan for Northern Ontario by supporting the development and commercialization of new technologies that will contribute to future prosperity in Northern Ontario, and by fostering collaboration and partnerships among the private sector, academic institutions and research institutes.
  • Northern Innovation Program – Pilot Demonstration & Commercialization Projects
    The Northern Innovation Program supports the vision of the Growth Plan for Northern Ontario by supporting the development and commercialization of new technologies that will contribute to future prosperity in Northern Ontario, and by fostering collaboration and partnerships among the private sector, academic institutions and research institutes.
  • Northern Business Opportunity Program – Business Expansion Projects
    The Northern Business Opportunity Program supports the vision of the Growth Plan for Northern Ontario by encouraging business productivity and expansion, and global investment in northern communities.
  • Northern Business Opportunity Program – Small Business Start-up Projects
    The Northern Business Opportunity Program supports the vision of the Growth Plan for Northern Ontario by encouraging business productivity and expansion, and global investment in northern communities.
  • Northern Ontario Internship Program
    The intent of the Northern Ontario Internship Program is to strengthen Northern Ontario’s competitive advantage and build economic development capacity by attracting and retaining graduates in the North. The program provides recent graduates who are interested in launching and building their careers in Northern Ontario access to internships.
  • Northern Community Capacity Building Program – Event Partnership
    The Community Capacity-Building Program helps northern communities to develop the capacity to promote, attract, and support economic growth in the existing and emerging priority economic sectors identified in the Growth Plan for Northern Ontario.
  • Northern Innovation Program – Industrial Research Chairs
    The Northern Innovation Program supports the vision of the Growth Plan for Northern Ontario by supporting the development and commercialization of new technologies that will contribute to future prosperity in Northern Ontario, and by fostering collaboration and partnerships among the private sector, academic institutions and research institutes.
  • Northern Innovation Program – Opportunity Assessment Projects
    The Northern Innovation Program supports the vision of the Growth Plan for Northern Ontario by supporting the development and commercialization of new technologies that will contribute to future prosperity in Northern Ontario, and by fostering collaboration and partnerships among the private sector, academic institutions and research institutes.
  • Strategic Economic Infrastructure Program
    This program supports infrastructure projects that best align with the vision of the Growth Plan for Northern Ontario to help create jobs and build capacity in our northern communities.

FedNor

FedNor is the Government of Canada’s economic development organization for Northern Ontario. Through its programs and services, and through its financial support of projects that lead to job creation and economic growth, FedNor works with businesses and community partners to build a stronger Northern Ontario.

Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA)

Growing Forward 2
Growing Forward 2 (GF2) is a federal-provincial initiative that encourages innovation, competitiveness and market development in Canada’s agri-food and agri products sector. Whether you are starting out, or have been in business a long time, GF2 can help you reach your goals.

Summer Experience Program (SEP)

The summer employment positions must focus on critical activities supporting key sectors within the ministries.

Summer Job Service

$2.00 wage subsidy for employers for summer students.
Summer Job Service is delivered in Northern Ontario by the Ministry of Northern Development & Mines office.

Canada Summer Jobs

Canada Summer Jobs is a Government of Canada initiative that provides funding to help employers create summer job opportunities for students.

Crowdfunding

Crowdfunding is the raising of funds through the collection of small contributions from the general public (known as the crowd) using the Internet and social media.

Mentor Works – Canadian Government Funding

Build in Canada Innovation Program (BCIP)

BCIP was created by the Government of Canada to help kickstart businesses and get their innovative products and services from the lab to the marketplace.

NSERC

  • Engage – Supports post-secondary researchers to launch new research collaboration with an industrial partner through a short-term R&D project that applies their expertise to address a company challenge.
  • Collaborative Research and Development Grants – Initiative aims to enable technology development between post-secondary institutions and industry partners for the reduction of greenhouse gas emissions.

Ontario Exporters Fund

The Ontario Exporters Fund is a grant program designed to assist Ontario businesses exporting for the first time or searching for a way to take their international business to the next level.

Export Access Market (EMA)

The EMA grant program is designed to assist Ontario exporters looking to expand growth in international markets.

AgriMarketing Program

The AgriMarketing Program helps farmers and food processors compete in markets at home and abroad. It supports the agriculture industry by creating and maintaining access to markets and taking advantage of market opportunities.

NEOnet

  • Broadband for E-business and Marketing Program (BEAM)
    The Broadband for E-business and Marketing Program (BEAM) helps alleviate some of the associated costs of establishing your business online or for the costs associated with implementing or upgrading E-business applications.
  • Small Business Assessment Monitoring and Planning (STAMP)
    The Small Business Assessment Monitoring and Planning (STAMP) project assists businesses ICT implementation obstacles, such as a lack of IT knowledge and/or capital for internal technological assessments. Businesses have an opportunity to have their ICT assessed by a qualified consultant.

North Claybelt CFDC

Entrepreneurs Francophones PLUS
The project allows Francophone private sector entrepreneurs to benefit from additional funds available through 2 programs: Vision + and Youth Internship.

CanExport

Provides incorporated or limited liability partnership companies with up to 50% funding to a maximum of $100,000 to help establish sales in new markets that the company has not exported to within the last 24 months. A company can submit an application for each new fiscal year.

Canada-Ontario Job Grant

Provides grant funding support to employers for eligible employee training and skill development.

Find additional government funding with The Funding Portal

The Funding Portal
The Funding Portal aggregates information on more than 7,000 sources of funding providing unique data analytics products.

Concierge Service
Concierge Service provides a single access point where SMEs can find high-quality, timely advice to help them innovate and accelerate their growth.

The Productivity & Innovation Centre is not responsible for the content or data provided by the Funding Portal, Concierge Service or any linked websites.