The Group Sponsorship Grant (GSG) provides up to $3,000,000 in non-repayable government funding towards onboarding skilled trades apprenticeships.
FedNor, is officially a standalone agency as of August 10, 2021. Northern Ontario reveres this transition as a win for local businesses.
The Triple-P Program provides eligible businesses in Northern Ontario with up to $10,000 in grant funding towards innovative technology and/or equipment purchases related to productivity, prototype, or process improvements.
The Rural Economic Development Fund (RED) has announced October 1, 2021 deadlines for two new funding streams.
The federal Aerospace Regional Recovery Initiative funding program will provide $250 million over the next three years to support recovery from COVID-19 for small and medium-sized aerospace sector businesses across Canada.
The Jobs and Growth Fund (JGF) is a $700 million federal government funding program that aims to strengthen Canadian economies and create jobs for long-term growth following the global COVID-19 pandemic.
The Government of Ontario has invested $100M into the new Venture Ontario Fund, a joint enterprise of a total $205M to provide venture capital and business growth funding for Ontario businesses enhancing innovation, economic growth, and job creation.
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.
Ontario has announced an investment of $690,000 to provide a new, free training program to 260 manufacturing employees around the province to upgrade productivity, health and safety in the workplace, and supply chain strength.
The Government of Ontario has announced an additional investment of $50M to the Ontario Together Fund (OTF), a program which helps businesses pivot their manufacturing operations to focus on producing solutions for fighting COVID-19.