Amount:
$200,000
Type of Program:
Grant
Description:
The Northern Business Opportunity Program — Small Business Start-up Projects provides funding to new businesses in Northern Ontario that intend to commence operations in existing and emerging priority economic sectors.
Comments on Funding:
Funding will generally not exceed 50% of eligible project costs up to a maximum of $200,000.
Applicants must provide a minimum equity contribution in the amount of 15% of eligible project costs.
When It Ends:
Closed
Deadline:
Rolling deadline
Eligibility:
Applicants must:
Other Things to Note:
The entrepreneur will be required to reimburse the NOHFC if assets financed by the NOHFC are sold within the first three years of operation.
Testimonials:
Program no longer active. (January 2021 and December 2021)
Program Contact:
