Since June 2018, the Northern Ontario Heritage Fund Corporation (NOHFC) has invested more than $559 million in 4,748 projects in Northern Ontario, leveraging more than $1.8 billion in overall investment funding and creating or sustaining over 7,500 jobs. One of the largest sector-specific allocations of NOHFC funding in 2022 has thus far been the investment…
Six Northern Ontario businesses have been awarded over $2.1 million in funding through the NOHFC Program geared towards supporting businesses and stimulating economic growth.
The Ontario provincial government has created its 2021 Budget, with $23.3B in spending towards COVID-19 business support and new grants, wage subsidies, and no-interest loans available.
The Government of Canada and the Government of Ontario have awarded a combined $10M to First Cobalt Corporation for the domestic and ethical production of cobalt sulfate, an essential element used to develop long-range electric vehicles.
Designed to support companies throughout the entire business life cycle, the NOHFC INVEST North Program supports economic growth and innovation by inspiring business development and expansion projects in Northern Ontario.
The Northern Ontario Heritage Fund Corporation (NOHFC) has announced four new government funding programs to support and develop Canadian businesses located in Northern Ontario.
Through NORP, eligible businesses can receive up to 100% of eligible project costs to a maximum of $25,000 for projects relating to impacts of COVID-19.
The Northern Ontario Heritage Fund Corporation (NOHFC) offers grants and loans to support growing businesses. Learn more about the incentives available.
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 and entrepreneurs in their business…
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 helping businesses improve their competitiveness….