NOHFC INVEST North Program - Innovation Stream
This program supports projects which aim to demonstrate and commercialize new and innovative technologies.
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How Much Funding?
Conditional contribution of up to 50% of total eligible costs to a maximum of $2 million.
For Applied Research and Development only projects: up to 50% of total eligible costs to a maximum of $500,000.
Combined Federal and Provincial government funding may not exceed 75% of eligible project costs.
Who Qualifies?
Northern Ontario
Private-sector businesses alone, or in partnership with a public sector academic or research institution.
Eligible Activities & Expenditures
Applied research & development projects, and demonstration & commercialization of new and innovative technologies in Northern Ontario
- Direct internal technical labour costs
- Prototyping and prototype demonstration costs (engineering and design services and component purchase, fabrication and installation costs)
- Product testing
- Intellectual property protection costs
- Research and development services provided by public sector partners
- Building or renovation costs specifically related to the commercialization of the new technology
- Material costs
- Product certification costs
- Marketing costs (< 20% of total costs)
Program Deadline
Currently open
