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Government of Ontario, Northern Ontario Heritage Fund Corporation
INVEST North Program — Investment — Launch Stream
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1–2 hours
Can you get this?
✓Business starting up in Northern Ontario
✓Business operating 6 months or less at application
✓Owner must work at business full-time
✓Applicant contributes at least 15% of eligible costs
✕Retail, food service, and wholesale businesses are not eligible
Your real odds
The NOHFC Board sets award amounts case by case, and the program states outright that not all qualifying projects will receive funding.
Evaluation weighs job creation, business plan strength, outside investment, and net economic benefit to Northern Ontario, with limited funding spread across all applicants.
What it takes
Confirm eligibility — business type, location, and age (≤6 months operating)1–2 hours
Prepare a detailed business plan and cost breakdown, securing the remaining financing beyond NOHFC's share1–3 weeks
Submit application through the NOHFC Portal with all required documentation1–2 hours
Worth knowing
If you are stacking other government grants, combined federal and provincial funding cannot exceed 50% of eligible project costs, so NOHFC's contribution shrinks accordingly, and any assets NOHFC funds cannot be sold or moved out of Northern Ontario for up to three years without their advance consent.
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