Up to $500.000 to cover up to 50% of costs for investments in adopting new technologies in Northern Ontario

Northern Ontario Development Program - Innovation (FedNor)

Type of Funding

Grant

Max Funding

500,000.00

Region

Provincial

Application Difficuty

Complex

Processing Time

Medium (A few weeks)

Province

N/A

Industry

N/A

Funding Goals

RnD/Innovation/Develop a product or service.

Demographic

N/A

Incorporated

No

Contact

1-877-333-6673

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Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours $5,000 to $50,000 No hidden fees No collateral Applying doesn’t impact credit score

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Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours
$10,000 to $800,000

Details

The grant comes in form of a repayable contribution to cover the expenses required for adopting, adapting and commercializing new technologies and also promoting innovation. The program is only addressed to Northern Ontario.

Eligibility

Not-for-profit organizations, Municipalities; municipal organizations; and First Nations, SMEs with fewer than 500 employees

Similar funding programs

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Funding for businesses, universities, colleges or research institutions looking to develop and bring to market new products and services and adapt new technologies. Can be conditionally repayable.
Max Funding $3,000,000.00
Atlantic Canada Opportunities Agency - Atlantic Innovation Fund
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Financial support for small and medium size businesses, developing and commercializing innovative, technology-driven new or improved products, services or processes in Canada. Extensive funding awarded for large research and development projects.
Max Funding $10,000,000.00
NRC IRAP
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Funding of $10,000,000 and more for innovative projects across multiple industries. Multiple Streams available: Business Innovation and Growth (Stream 1–3) plus Collaborations and Networks (Stream 4 & 5).
Max Funding $250,000,000.00
Strategic Innovation Fund (SIF)

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