REGI — Business Scale-up and Productivity

💡What Is This Program?

🎁What Benefits Are Offered?

Repayable funding and advisory support to accelerate growth, adopt innovative technologies, and expand into domestic and global markets for businesses in Northern Ontario.

📋What Are the Application Steps & Timeline?

📝Steps to ApplySource

• Contact a FedNor officer to discuss your project
• Create an account on the FedNor Client Portal
• Submit your application through the FedNor Portal

🌐Application PortalSource

https://fednor.canada.ca/en/client-portal

📤Submission MethodSource

online

🔄Intake TypeSource

rolling

📄What Documents Are Required?

✅Required DocumentsSource

• Business plan
• Financial statements
• Project budget
• Proof of eligibility (e.g., incorporation documents)

📎Optional DocumentsSource

• Letters of support from partners or stakeholders

📐Format RequirementsSource

PDF only, max 10MB

📥Templates AvailableSource

• Business Plan Template

✉️Supporting LettersSource

Letters of support from partners or stakeholders are encouraged

💰What Expenses Are Eligible?

🧾Eligible ExpensesSource

• Project-specific cost of labour (e.g., wages and benefits)
• Capital costs: purchase of machinery, equipment and infrastructure
• Operating costs that are incremental, measurable and directly related to the project
• Professional, advisory and technical services fees
• Costs related to intellectual property
• Preproduction costs (e.g., technological development and commercial demonstrations)
• Commercialization costs
• Costs related to expanding or maintaining markets
• Subcontracting costs

🚫Ineligible ExpensesSource

• Regular maintenance and/or ongoing operation costs
• Regularly scheduled capital expenditures and/or asset replacement
• Refinancing of an existing debt
• Costs of amortization and goodwill
• Acquisition of land and buildings
• Basic research
• The purchase of any assets for more than the fair market value of the said asset
• Costs for which the applicant has entered into a legal commitment/incurred prior to the eligibility date

📏Expense CapsSource

Total government funding (including federal, provincial and municipal) for a project cannot exceed 75 percent of supported eligible non-capital costs and 50 percent of supported eligible capital costs.

💳Payment ModelSource

reimbursement

⏪Retroactive Expenses EligibleSource

No

🤝Is Matching Funding Required?

🔀Matching RequiredSource

Yes

📊Matching RatioSource

50%

🏦Eligible Matching SourcesSource

• cash
• in-kind

📚Stacking RulesSource

Total government funding cannot exceed specified limits.

🛡️Proof of Matching RequiredSource

Documentation to prove matching funds is required, but specific types are not detailed.

📊What Are the Reporting Requirements?

🗓️Reporting FrequencySource

annual

📑Reporting RequirementsSource

• submit claims
• submit reports

🔍Audit RequirementsSource

Audits may be required to ensure compliance with funding conditions.

📢Branding RequirementsSource

Acknowledge funding from the Government of Canada and use official logos as required.

🗄️Record Retention PeriodSource

7 years