Next Level Program

If you are a business with an innovative product or service and looking to expand, Next Level can help. Oftentimes, businesses have difficulty accessing funding for growth and get stuck doing the same old thing. This program is designed to help businesses capitalize on market opportunities, expand, and grow. The purpose of the Next Level program funding is to assist with innovative business growth. This support may be applicable to contracted expertise, services or direct costs in any of the following areas. IS YOUR BUSINESS LOOKING TO: - Purchase New Equipment - Expand to New Markets - Attend Conference & Tradeshows Costs ($1,000 max) - Complete Training & Certification Next Level will cover up to 50% funding, up to $10,000 in assistance towards approved costs in the above categories.

Grant Deadline

Deadline not available

Funding Amount

$10,000

Type of Grant

Grant, Funding

Sectors

Agri-Food, Agriculture, Biotechnology, Clean Energy, Clean Tech, Environmental Sustainability, Healthcare, Manufacturing, Technology, All Sectors, Media

Demographics

Incorporation

For Profit

Perks

Networking, Demoday, Coaching

Region Restriction

This grant is restricted to whole of Canada

Keywords

Age Restriction

This grant is age restricted from 18 to 100

Eligibility and Requirements

Who is Eligible?

Revenue producing, innovative companies located within Northwestern Ontario. Funds for this program are limited therefore applications will be weighed on the following criteria:

• Registered business
• An innovative product that is manufacturing or technology-based that you have developed and own
• At revenue or have confirmed purchase orders and has a demonstrated growth rate of 10%
• Operating full time with at least one full-time employee
• Located in Northwestern Ontario
• Sales outside of Northwestern Ontario or can demonstrate the potential to expand sales outside of NWO.
• A business model and strategy that validates forecasted sales and employment growth
• Next Level Funding is not intended for businesses operating as distributors or resellers.

Innovative companies are defined for the purposes of the Next Level program as focusing on technology or manufacturing. Companies that fall outside of these categories but derive a significant portion of sales and profits from products or services recently introduced to the market may also be deemed eligible.

The following sectors are the preferred sectors for this program.

• Advanced Manufacturing
• Agri-Food
• Health/Bio-Sciences
• Clean Tech
• ICT/Digital

Who is Ineligible?

• Hobby and part-time businesses
• Retailer, resellers, consultants
• Municipalities and non-for-profits

Grant Application website

https://www.nwoinnovation.ca/next-level

Contact

Please contact Bridget Postuma to set up a meeting to discuss your project and start your application!

bridget@nwoinnovation.ca or 807-768-6689