Maker North Inc., an additive manufacturing company in Sault Ste. Marie, Ontario, has recently received Northern Ontario government funding to support the growth of their business. The funding will allow Maker North to form a streamlined and cost-efficient process for manufacturing prototypes to support the development of surrounding local businesses
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The Northern Ontario Heritage Fund Corporation (NOHFC) is a federal government organization that administers funding programs for growing businesses. As one of Canada’s six regional development agencies (RDAs), NOHFC has the mandate of developing incentives that help businesses and municipalities alike. Its programs help attract wealth to Northern Ontario while
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Two companies within the forest industry have recently received northern Ontario government funding for their business expansion projects. Manitou Forest Products and Henry’s Trucking will move forward with projects to support the local industry and create 10 jobs for the town of Emo, Ontario.
A combined total of $1,376,157 in grants
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Northern Ontario provides robust economic opportunities to businesses of all sizes and sectors. As a growing, high-potential Canadian region, there are numerous advantages to investing and scaling a business here, including access to a growing workforce, leading infrastructure and transportation systems, and government grants and loans.
Many of these government incentives
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Two companies in Northern Ontario have received Northern Ontario government funding for strategic business growth projects. AirSuite in Thunder Bay and Canadore College in North Bay will be moving forward with projects that help promote and stimulate economic development initiatives for the province.
A combined total of $3,380,000 has been awarded
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The Government of Ontario has awarded over $400,000 in small business grants to TimeHero Inc. The investment will allow the company to develop an innovative scheduling app to help other businesses manage their time and become more efficient.
The contribution will be provided through the Northern Ontario Heritage Fund Corporation (NOHFC),
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Northern Ontario’s agriculture industry is experiencing rapid growth thanks to affordable real estate and a warming climate. New opportunities are becoming available to start or expand agricultural operations in the north; this is providing businesses with reasons to be optimistic.
Approximately 16 million acres of ideal farming land is ready for development
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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
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Sudbury’s economy is receiving a boost after three local small businesses were announced as recipients of Northern Ontario Heritage Fund Corporation (NOHFC) funding. Over $1 million in business expansion funding will help the companies create up to 27 new jobs and increase their innovative abilities.
Among those awarded are Stack Brewing,
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The Greater Sudbury area had four large northern Ontario government funding announcements in December 2015, totaling over $847,000 awarded in grants and loans. Provided through the Northern Ontario Heritage Fund Corporation (NOHFC), small business funding is available to encourage business innovation across northern Ontario. The four investments made will aid
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