The goal of the Northern Ontario Development Program (NODP) is to assist manufacturers to realize operational efficiencies, to grow sales, and to boost productivity while fostering new job creation. The program will provide coverage up to 30% of capital costs and up to 50% of non-capital costs to businesses with fewer than 500 employees. Eligible costs include:
Capital Costs
- Leasehold Improvements
- Machinery, equipment, technology
- Laboratory modifications, developmental needs
Non Capital Costs
- Professional and technical services (engineering/technology implementation)
- Securing intellectual property (patents/licensing)
- Marketing costs
- Travel/Labour
Since its inception in 2006, FedNor has approved more than $263.50 million in support of 1,322 projects through NODP to benefit Northern Ontario’s economy. Contact NorthBridge today to find out more about NODP.