INVEST North Program - Investment - Launch Stream

The Invest North Program is designed to boost economic growth in Northern Ontario by encouraging businesses to invest in transformative, strategic and complementary business development opportunities in Northern communities. The program will support productivity, innovation, business competitiveness, revenue growth, export capacity development, job creation and retention. The Launch stream is designed to assist with the launch of a new businesses in Northern Ontario.

Deadline not available

$200,000

Investment

All Sectors

For Profit

This grant is restricted to whole of Canada

This grant is age restricted from 18 to 100

Businesses starting-up operations in Northern Ontario.

Eligible projects, activities and associated costs include, but are not limited to:

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 (limited to a maximum of 20% of all other eligible project costs, or $75,000, whichever is less)
Training costs incurred with third parties (limited to a maximum of 20% of all other eligible project costs)

General Inquiry - 1-705-945-6700

Toll Free - 1-800-461-8329

Northern Ontario Heritage Fund Corporation

Roberta Bondar Place 70 Foster Drive, Suite 200

Sault Ste. Marie, ON

P6A 6V8

Canada

AskNOHFC@ontario.ca