NOHFC INVEST North Program - Grow Stream
This program will support productivity, innovation, business competitiveness, revenue growth, export capacity development, job creation and retention.
How Much Funding?
Funding can be provided through three options:
- Conditional contribution only of up to 20% of eligible costs to a maximum of $400,000.
- Conditional contribution of up to 20% of eligible costs to a maximum of $400,000, plus a term loan of up to 30% of eligible costs to a maximum of $600,000.
- Term loan only of up to 50% of total eligible costs to a maximum of $1,000,000.
Northern Ontario Businesses expanding existing operations in Northern Ontario.
Eligible Activities & Expenditures
Eligible activities include those that will contribute to the growth and expansion of the business;