Funding Alert: The Northern Ontario Heritage Fund Corporation (NOHFC)

The Northern Ontario Heritage Fund Corporation (NOHFC) is offering funding opportunities to support economic growth, job creation, and business expansion in Northern Ontario.

The Northern Ontario Heritage Fund Corporation (NOHFC) is offering funding opportunities to support economic growth, job creation, and business expansion in Northern Ontario.

This program is accepting applications on a continuous intake basis, meaning you can apply anytime. We highly recommend you get in touch with us right away to maximize your chances of approval.

Funding Amount of the Northern Ontario Heritage Fund Corporation Program (NOHFC)

The Northern Ontario Heritage Fund Corporation (NOHFC) provides up to $5 million in funding, structured as a mix of grants and loans, depending on the program and project scope.

Eligible Applicants: The Northern Ontario Heritage Fund Corporation Program (NOHFC)

The NOHFC funding program is designed for:

• Businesses looking to expand or modernize their operations in Northern Ontario
• Entrepreneurs launching innovative projects that drive regional development
• Municipalities, Indigenous communities, and non-profits seeking economic support
• Sectors including manufacturing, technology, tourism, clean energy, and more

Objectives of the Northern Ontario Heritage Fund Corporation Program (NOHFC)

The NOHFC aims to support economic growth, job creation, and business expansion in Northern Ontario.

Eligible Projects

Funding is available for projects that contribute to economic development, including:

• Business expansion and modernization
• Infrastructure projects that enhance local economies
• Innovation and technology adoption
• Workforce training and job creation initiatives
• Research and development activities

Ineligible Expenses

While NOHFC funding covers a broad range of initiatives, certain expenses are not eligible, such as:

• Land purchases
• Operational costs (e.g., rent, utilities, salaries unrelated to the project)
• Debt refinancing
• Costs incurred before funding approval
• Marketing and advertising expenses

Thinking of applying for financing? Don’t wait! These funds are highly competitive. Contact us today to get started!

Why Ayming?

Our team of experts will take the time to understand your current and future planned projects. We will then align these initiatives to the program in order to provide you with the highest ROI and the highest chance of approval.

• We have extensive experience working with Canadian SMEs and have the expertise to properly position and maximize your application to secure your business funding.
• We are the first Canadian company to establish a national grants practice.
• Our proprietary artificial intelligence (AI) driven database of grants provides live access to thousands of programs, including a custom snapshot of all federal and provincial grants currently available to each company specifically.
• Our highly experienced delivery teams boast over 50 + years of combined grants experience and over 200+ years of combined SR&ED experience, meaning you partner with true subject matter experts who are invested in your success.
• No risk success-fee remuneration.

Contact one of our Grant experts today and get your application started ASAP before program funding is depleted! We’re here to help and answer all of your questions.

Find out more about our Grants process here.