IMPORTANT: This Program No Longer Exists. Please View this List of Active NOHFC Funding Programs.
The Northern Ontario Youth Entrepreneur program, funded by Norther Ontario Heritage Fund Corporation (NOHFC), offers financial assistance to youth who start a new business in Northern Ontario. The program is focused on keeping young people in Northern Ontario and helping them contribute to the economic growth of the region.
- Amount: Typically non-repayable funding to a maximum of 85% of project costs to a maximum of $25,000. Applicant is expected to contribute a minimum of 10% cash towards the project costs.
- Timeline: Open.
- Eligibility: The program is open to youth between the ages of 18 and 29. Costs covered by the funding include: capital costs related to starting a business – such as office furniture, fixtures and equipment.
Top NOHFC Northern Ontario Youth Entrepreneur Resources:
- NOHFC Youth Entrepreneur Overview Blog: Learn how youth from Northern Ontario can receive Ontario small business grants for their start-up business.