NOHFC Emerging Technology Program

  • The Emerging Technology program, funded by the Northern Ontario Heritage Fund Corporation (NOHFC), provides financial support to private and public entities with innovative and viable projects in technology, that have the potential to contribute to the future economic prosperity of Northern Ontario.

    Public Sector Funding

    Amount: Maximum funding of $1 million per project, provided as either: a conditional grant, repayable loan or forgivable performance loan of generally up to 50 per cent of eligible costs.

    Timeline: Open

    Eligibility: Eligible applicants may include partnerships and alliances comprising municipalities, private sector businesses and organizations, federal government and other government-related agencies. Projects must be in one of the following areas: Information and communications technology infrastructure, including high speed Internet expansion and cellular expansion projects, development of Centres of Excellence, Film development and production, Value-added products or Biotechnology and life sciences projects.

    Private Sector Funding

    Amount: The maximum investment from the NOHFC will generally not exceed 50 per cent of eligible project costs. Funding for accepted proposals will be provided in one of the following ways:

    • Non-repayable contributions of up to $100,000 may be provided on a cost-shared basis for research and pre-competitive development technical projects.
    • Repayable loans of up to $1 million or 50 per cent of eligible project costs, whichever is less, may be provided to capital projects.
    • 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.

    Timeline: Open

    Eligibility Factors: Eligible applicants may include individual private sector companies or consortiums of companies. The applicant must be prepared to become incorporated and be incorporated prior to receiving assistance. Projects must be in one of the following areas:

    • Information and communications technology projects
    • Film development and production
    • Value-added products
    • Biotechnology and life sciences projects
    • Intellectual property development

     Top NOHFC Emerging Technology Resources:




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