Northern Ontario Development Program — Community Economic Development
Federal Economic Development Agency for Northern Ontario (FedNor) · FedNor provides funding to not-for-profit organizations, Indigenous communities, and municipalities in Northern Ontario to support community economic developme…
Overview
FedNor provides funding to not-for-profit organizations, Indigenous communities, and municipalities in Northern Ontario to support community economic development initiatives. Projects may include strategic planning, feasibility studies, infrastructure improvements, and other activities that promote business growth, job creation, and economic diversification. Funding is available as repayable or non-repayable contributions, with FedNor typically covering up to 33% of capital costs and 50% of non-capital costs.
Eligibility
Not-for-profit organizations are eligible to applyIndigenous First Nation, Métis, and Inuit communities and organizations may applyMunicipalities and municipal organizations are eligible applicantsProjects must demonstrate net economic benefit to Northern Ontario in the short to medium termEligible projects
Strategic and business planning, sector analysis, feasibility and marketing studiesIndustrial and commercial asset development, industrial/business parks, downtown revitalization, and waterfront developmentImplementation of priority initiatives from economic development plansYouth internships for community economic and business development projectsProfessional services, community engagement, marketing, and labour costsFinancing terms
Assistance available as repayable and non-repayable contributions; repayable where projects generate profitsFedNor covers up to 33% of eligible capital costs and up to 50% of eligible non-capital costsEligible applicants must contribute a minimum of 10% of project costsHow to apply
Additional information
Program currently has limited budget availability due to high demand; applicants must contact a FedNor officer before submitting an applicationAll applications reviewed as received; approval depends on funding availability and business case assessmentYouth internship projects have specific funding conditions outlined in separate guidelinesSee how well this fits your business.
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