The Northern Ontario Heritage Fund Corporation (NOHFC) is willing to support entrepreneurship opportunities across the North with up to $125,000 in Canadian Government funding per project via the Northern Ontario Entrepreneur Program. This Ontario government funding program aims to mobilize motivated entrepreneurs in the North to secure a prosperous economy and foster long-term job creation.

Funding for Small Business Eligibility

The following are eligibility requirements for the Northern Ontario Entrepreneur Program:

  • Proposed new business must operate full-time and result in job creation in Northern Ontario
  • Residents of Northern Ontario who plan to start their own for-profit business in the North
  • New venture cannot be an expansion of a similar business owned by the entrepreneur

Eligible costs for this Ontario government funding for business can include leasehold improvements, capital costs related to starting a new business and marketing costs totaling up to 20% of eligible project costs. The NOHFC may provide a conditional grant of up to 50% of eligible costs and not to exceed $125,000 per project. The entrepreneur must make a cash investment in the business of no less than 10% of the NOHFC’s conditional grant. Lastly, the NOHFC funding when combine with other provincial or federal government funding will not exceed 75% of eligible costs.

Further Investigate this Government Grants for Small Business Opportunity

Look to one of the following links to answer further questions you have regarding this small business government grants program:

Get-StartedProgram-Overview

Contact A Canadian Government Funding Expert

If you are interested in applying to one of the Northern Ontario Heritage Fund Corporation’s (NOHFC) programs and would like to receive additional support and guidance, I strongly encourage you to contact Mentor Works, the Canadian Government Funding Experts. You can also sign up for one of our 60 Minute Government Funding Workshops or follow us on Twitter for current updates.

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This is a post by a Guest Author. Disclaimer: The author's views are entirely his or her own, and don't necessarily reflect the opinions of Mentor Works Ltd.

Comments 4

13 August 2018 Reply

Hi my name is Norm
Im just wondering if you provide funding for opening up a taxi business. Please let me know or if you can direct me in the right area thanks in advance. Norm Dumoulin

15 August 2018 Reply

Hi Norm,

Unfortunately there is limited government funding for startups and service-based businesses. Your best approach is to reach out to your local Small Business Enterprise Centre: investnorthernontario.com

25 March 2020 Reply

Hi there, I am purchasing my first business in NWO and am wondering if I am eligible for this grant as it is a pre-existing business, but new to me. Thanks.

25 March 2020 Reply

It’s possible that your business is already established and eligible for funding. We would need to know a bit more about it. Please feel free to fill out our contact form and we’ll be able to identify funding options from there.

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