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Government of Canada, Federal Economic Development Agency for Northern Ontario
Funds for SME growth
Helps small and medium-sized businesses in Northern Ontario modernize and expand. Covers costs for new equipment, training, and market access.
Repayable contribution up to 50% of eligible costs for projects that foster economic growth, increase competitiveness, modernize operations, and expand market access for Northern Ontario businesses.
Business Size: small, medium
Industries: manufacturing, mining supply, forestry, clean technology, bioeconomy, agri-food
Region: Northern Ontario
Demographics: indigenous
Other Criteria: incorporated SMEs, fewer than 500 employees, sustainable business model (normally 2 years of operations), financial capacity to complete project and repay contribution, managerial, technical, and operational capacity to achieve objectives, viable project plan with achievable outcomes and verifiable cost estimates, legal entities capable of entering into legally binding agreements
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This program is available to small, medium businesses in manufacturing, mining supply, forestry industries located in Northern Ontario.
Contact the program administrator for funding details.
Check the official program website for current deadlines.
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