Grants & Incentives
Investment - Launch Stream
Description:
Businesses starting up operations in Northern Ontario. Eligible projects, activities and associated costs include, but are not limited to; Capital construction, Leasehold improvements, New or used equipment including capital leases, Land servicing costs, Information & communications technology (ICT) investments, Marketing for new products and business initiatives (limited to a maximum of 20% of all other eligible project costs, or $75,000, whichever is less), Training costs incurred with third parties (limited to a maximum of 20% of all other eligible project costs)
Workforce Development Stream
Description:
Businesses, municipalities, Indigenous communities, and not-for-profit organizations located in Northern Ontario that have been in operation for at least one year and have a minimum of one full-time employee. Salaries/wages and employer’s portion of Mandatory Employment Related Costs (MERCs) (e.g.: Canada Pension Plan, Employment Insurance, mandatory minimum vacation pay, as per Employment Standards Act) for a limited-term internship position of 52 weeks.
