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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

Get a Fast Business/Personal Loan

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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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

See Website

Similar funding programs

Funding for R&D in Northern Canada
Grant
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
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Up to $10,000,000 Financial support for technology innovation
Grant
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.
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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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