The program’s goal is to encourage economic growth, diversification, job creation and self-reliant communities in Northern Ontario. Offers three funding programs: Innovation, Business Growth and Competitiveness, and Community Economic Development.
Generally, FedNor will support up to 33 percent of eligible capital and up to 50 percent of eligible non-capital expenditures in the form of repayable contributions. Youth internships are non-repayable.
Capital costs, including servicing of industrial lands, leasehold improvements, machinery and equipment. Non-capital costs, such as professional fees, costs related to business management training, dissemination of results, marketing costs, participation at trade shows, travel expenses, direct labour costs.
Find out more about the services we offer, what options are a good fit for your business, and where to begin on your funding journey.
