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Government of Ontario, Northern Ontario Heritage Fund Corporation
INVEST North Program — Innovation Stream
Amount
Varies
Deadline
Date not announced
Can you get this?
✓Private-sector businesses in Northern Ontario
✓Innovation must meet NOHFC's definition of innovation
✕Projects serving only internal efficiency are not eligible
✓Combined government funding capped at 75% of costs
✕Labour costs for owners holding 10% or more are not eligible
What it takes
Submit a detailed business plan as part of your application, as it is an evaluation factor.
For combined applied R&D and commercialization projects, demonstrate that the technology has been tested and fully validated, and that you own or have rights to the intellectual property, before proceeding to the commercialization phase.
Funding for each project is determined by the NOHFC Board of Directors, and limited funding is available.
Worth knowing
If you include demonstration and commercialization costs in your project, NOHFC will not accept a subsequent application for the same technology.
Also, combined federal and provincial government funding may not exceed 75% of eligible project costs.
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