Search Results for: fednor

Northern Ontario Requests Additional FedNor Small Business Funding
Government Funding

Northern Ontario Requests Additional FedNor Small Business Funding

The economic development of northern Ontario is extremely important to all levels of government. To grow and sustain businesses in the region, government grants and loans can be obtained to offset a portion of project costs. This funding is allocated by governments on a regional basis, and is usually determined on population or development potential….

FedNor Invests $1.5 in Innovation Centre for Northern Ontario SMEs
Government Funding

FedNor Invests $1.5 in Innovation Centre for Northern Ontario SMEs

The Federal Economic Development Agency for Northern Ontario (FedNor) recently committed close to $1.5M in federal investments to promote greater innovation and competitiveness within northern Ontario. On October 28, 2016, FedNor announced that it would provide up to $1,488,972 in Ontario government funding to support the Sault Ste. Marie Innovation Centre.  The Innovation Centre provides…

CME-FedNor Assessments: Northern Ontario Manufacturing Grants
Government Funding

CME-FedNor Assessments: Northern Ontario Manufacturing Grants

The Federal Economic Development Agency for Northern Ontario (FedNor) provides federally sourced funds to businesses, organizations, and communities within the province’s northern regions. The agency supports the development and competitiveness of businesses to ensure the north grows and contributes toward the country’s economy. Canadian Manufacturers & Exporters (CME) also provides support to growing businesses across…

FedNor Targeted Manufacturing Initiative: Northern Ontario Grants
Government Funding

FedNor Targeted Manufacturing Initiative: Northern Ontario Grants

With a decreasing population that is largely comprised of aging citizens, northern Ontario provides challenges for growing businesses. Due to immense migration of youth talent, either to other provinces or moving to southern Ontario, businesses in the northern part of the province are having difficulties finding quality workers – especially skilled labour. Although northern Ontario…

Northern Ontario Government Funding for Small Business: FedNor Grants
Government Funding

Northern Ontario Government Funding for Small Business: FedNor Grants

Northern Ontario’s keen focus on profiting from natural resources has helped and hindered the area’s economic development. While these industries have led to wide scale investment for northern Ontario, the global market for natural resources has deteriorated over recent years and has reduced the amount of incoming business investments. However, northern Ontario is slowly beginning…

$30K FedNor Northern Ontario Business Funding Awarded to Muskoka SME
Government Funding

$30K FedNor Northern Ontario Business Funding Awarded to Muskoka SME

Four Seasons Greens, a Muskoka-based food producer will receive repayable Ontario business funding towards the construction of an aquaponics food processing system. This small business funding allotment was provided through FedNor’s Northern Ontario Development Program (NODP). NODP has supported Northern Ontario businesses since 2006, providing approximately $343 million in Ontario government funding to more than…

CME-FedNor Assessments: Targeted Manufacturing Initiative for Northern Ontario
Government Funding

CME-FedNor Assessments: Targeted Manufacturing Initiative for Northern Ontario

FedNor is a regional development organization focusing on helping manufacturers operating in Northern Ontario. Through a variety of government funding and support services, FedNor has played a vital role in strengthening businesses and communities across the region. CME’s Role in Offering Funding for Operational Assessments in Northern Ontario Realizing the importance of operational assessments in…

The Canada Community Revitalization Fund (CCRF) Investing $500M in Local Communities
Government Funding

The Canada Community Revitalization Fund (CCRF) Investing $500M in Local Communities

The Canadian government has taken action to mitigate Covid pandemic-related issues with a program called the Canada Community Revitalization Fund (CCRF). CCRF offers a two-year, $500 million program in national infrastructure funding to revitalize towns and cities.