Funding to cover up to 50% for manufacturers looking to innovate their business

SONAMI

Type of Funding

Grant

Max Funding

N/A

Region

Provincial

Application Difficuty

Average

Processing Time

Slow (A few months)

Province

Ontario

Industry

N/A

Funding Goals

RnD/Innovation/Develop a product or service.
Develop the local economy and infrastructure.

Demographic

N/A

Incorporated

No

Contact

sdimick@niagaracollege.ca
905 735 2211 x 7066

Get A Fast Business Loan

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

Funds in 24 hours
$5,000 to $500,000
No hidden fees
No collateral
Applying doesn’t impact credit score

Details

Funding to help Ontario manufacturers and innovation-based businesses overcome innovation challenges

Eligibility

N/A

Similar funding programs

Grant
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)
Grant
Program aimed to encourage R&D, assist growth and expansion of firms in Canada and help attract investors.
Max Funding $250,000,000.00
Strategic Innovation Fund (SIF - Stream 2)
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Funding to support innovation and clean-tech, economic growth and diversification.
Max Funding $3,000,000.00
Strategic Investments in Northern Economic Development (SINED)

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