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
Apply For A Loan
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
Grant
Funding to cover 50% of thecosts of conception and development of new agri-food products or making the production of existing products more efficient
Max Funding $100,000.00
Advancing Agri-Food Processing
Grant
Financial aid to to produce and promote French-Canadian music, do national and international marketing, and more.
Max Funding $75,000.00
MUSICACTION
Grant
Funding for small and medium sized companies engaged in forestry, agriculture, aquaculture, mining, energy, oil and gas and manufacturing industries and the supply chain activities related to these sectors.
Max Funding $50,000.00
Northern Industries Innovation Fund