Goal: To strengthen the North’s competitive advantage.
Eligible Project Categories:
1) Strategic Economic Infrastructure Program – Strategic infrastructure projects that have a direct and demonstrable net economic impact in Northern Ontario (focus on job creation); existing and emerging priority economic sectors aligned in the Growth Plan.
2) Northern Community Capacity Building Program (a) Community Capacity Building Projects (b) Event Partnership – Programs to help northern communities develop capacity to promote, attract and support economic growth in existing and emerging priority economic sectors in the Growth Plan.
3) Northern Business Opportunity Program (a) Business Expansion (b) Small Business Start-Up (c) New Investment – Supports the Growth Plan by encouraging business productivity and expansion, and global investment in northern communities.
Cost-Share: Funding generally does not exceed 50% of eligible project costs; up to 30% funding may be in the form of a conditional grant with the remainder in the form of a repayable loan.
Next Intake: Open until March 31, 2017
http://nohfc.ca/en/programs
