Skip to main content

Grants

This is not an exhaustive list of grants, but a good list of the most widely known ones. 

Aboriginal Business Financing Program

www.nadf.org

Loans and micro loans with some grant funding via the Aboriginal Business Financing Program to assist indigenous led businesses.

Canadian Digital Adoption Program

$2,400 grant provided to 'customer facing businesses' to adopt some digital platforms to grow their business.

https://digitalmainstreet.ca/cdap-signup/

Digital Transformation Grant 4.0

Businesses within a commercial location can apply for the grant of $2,500 to improve their online presence

Export Marketing Assistance Program

https://investnorthernontario.com/en/programs/northern-ontario-exports/

For businesses that have reached $500k in annual sales and are looking to export their product/service outside of Ontario, the program is to assist with their strategy costs.  Can be up to 50% max of $10,000 or 30% max of $30,000 depending on cost of project.

Industrial Research Assistance Program

IRAP is through the National Research Council of Canada and offers advisory services as well as financial support

https://nrc.canada.ca/en/support-technology-innovation

Municipal Accommodation Tax Fund

Funding provided through either the Event Fund or the Product Development fund to tourism businesses that will help attract more tourists to Thunder Bay (and replenish the MAT funds received via hotel stays).

https://www.visitthunderbay.com/en/industry-trade/municipal-accommodation-tax.aspx

Next Level

Innovative companies looking to make that jump to the 'next level' can apply for grants up to 50% to a max of $5k.

www.nwoinnovation.ca/next-level

Northern Ontario Heritage Fund Corporation

https://www.nohfc.ca/

There are 4 main envelopes for this program:

  • INVEST
    • North Launch (grant up to 50% of eligible costs to a max of $200k)
    • Grow (grant up to 20% of eligible costs to a max of $400k plus loan up to 30% to max of $600k; or 50% loan max of $1m)
    • Locate (evaluated on a case by case basis, max of 50% or $5m)
  • INNOVATION
    • Applied Research & Development (grant up to 50% to a max of $500k)
    • Demonstration & Commercialization (grant up to 50% to a max of $2m)
  • People & Talent Workforce Development (internship for 50% of wage costs to a max of $35k; Indigenous stream allows up to 75% to a max of $52.5k)
  • Cultural Supports (funding for community events and film & television) 
  • Community Enhancement (for communities)

Starter Company Plus

www.gotothunderbay.ca/startercompanyplus

$5,000 (require 30% owner equity)

Must be new (>1 yr), expanding business or purchasing an existing business.

Summer Company

www.ontario.ca/summercompany

Must be 18-29 and returning to school in the fall. 

$3,000 (disburse $1,500 at start of summer, and $1,500 upon completion of program)

Thunder Bay Downtown & Core Area Improvements

The CIP is a grant up to $25k for businesses within the core areas can apply that reimburse improvements to buildings that support the downtown cores.

https://www.thunderbay.ca/en/city-hall/downtown-financial-assistance-programs.aspx

Comments

Post a Comment

Popular posts from this blog

Federal Government extending Local Lockdown Program benefits

  Source:    https://www.canada.ca/en/department-finance/news/2021/12/temporarily-expanding-eligibility-for-the-local-lockdown-program-and-the-canada-worker-lockdown-benefit.html Temporarily Expanding Eligibility for the Local Lockdown Program and the Canada Worker Lockdown Benefit Expanding Eligibility for the Local Lockdown Program Bill C-2, which received Royal Assent on December 17, 2021, included a new Local Lockdown Program to provide businesses that face temporary new local lockdowns with up to the maximum amount available through the wage and rent subsidy programs. As the Omicron variant spreads and new regional public health restriction are put in place to limit capacity, the government is proposing to temporarily expand the Local Lockdown Program to better support workers and businesses. Under current rules, employers must face a lockdown to be eligible for the program. The government intends to use regulatory authority approved by Parliament in Bill C-2 to temporarily amend
Post a Comment
Read more

Canada Post has brought back Free Shipping Tuesdays

 Now, I believe you need to be a business customer of Canada Post, but had this shared with me.  You can get to ship one parcel for free on a Tuesday throughout October and be entered to win free shipping for a year. It’s Tuesday! Send one free Expedited Parcel™ within Canada today and save every Tuesday in October.     Here is your promo code:  OCT5     You’ll also be entered to win free shipping for a year (up to $10,000). You’ll earn a bonus entry every time you ship a parcel with your Canada Post Solutions for Small Business™ customer number during October.   Start shipping     Offer: This offer is exclusive to Canada Post Solutions for Small Business™ members without a pre-existing parcel agreement with Canada Post. Members are eligible to redeem one (1) free Expedited Parcel™ item within Canada on each of October 5, 12, 19 and 26, 2021, from 12:00 am to 11:59 pm, Eastern Time (ET). All items must be processed using the Canada Post Snap Ship™ online tool in conjunction with a uniq
Post a Comment
Read more

PAROPitch it challenge could win you $500

 Paro is hosting sessions to teach you about pitching your business and more, and by attending 2 out of the 4 sessions will allow you participate in a pitch event and win $500 cash Click here for more information:   lp.constantcontactpages.com/ev/reg/kuvet85
Post a Comment
Read more