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
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