FedNor is Northern Ontario’s Regional Development Agency (RDA) under the Regional Economic Growth through Innovation (REGI) program. The goal of FedNor’s Targeted Manufacturing Initiative for Northern Ontario (TMINO) – Productivity Improvements is to assist Northern Ontario manufacturing businesses by supporting upgrades and improvements to capital equipment. The program is expected to result in improved manufacturing capabilities and efficiencies within production facilities, a modernized manufacturing sector in Northern Ontario, and increased export sales and profitability.
FedNor assistance is repayable and will contribute to up to 33% of eligible capital costs and 50% of eligible non-capital costs.
Project funding is available for activities that will improve and/or modernize the manufacturing process. Eligible expenses are any that are directly related to the project including:
To be eligible for FedNor’s Targeted Manufacturing Initiative, applicants must:
TMINO is a permanent program which offers continuous intake.
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.
