Enterprises North Job Creation
Job creation and economic growth in Northern Ontario must be driven by a strong private sector with small and medium-sized businesses positioned to succeed. Through this program the NOHFC provides financial assistance to the private sector to help bring new jobs and economic prosperity to the North.
Who is Eligible?
New and existing enterprises that will create jobs in Northern Ontario. Eligible sectors include but are not limited to:
- Forest products
- Resource-based, cultural, adventure or nature-based tourism
What is Eligible?
Eligible costs include but are not limited to:
- Capital construction costs related to the establishment or expansion of a business
- Leasehold improvements
- Purchase of new or used equipment
- Intellectual capital
- Staff training
- Land servicing
The maximum financial assistance granted by the NOHFC to any project will generally not exceed 50 percent of eligible costs, up to $1 million. Up to one-half of the NOHFC funding may be in the form of a conditional grant with the remainder in the form of a repayable loan.
Please download the Program Brochure below for complete details including eligibility, funding and guidelines.
How to Apply
Send completed application forms to:
Northern Ontario Heritage Fund Corporation
70 Foster Drive, Suite 200
Sault Ste. Marie, Ontario
For more information call our toll free line 1-800-461-8329.