The Province of Ontario has a number of funding opportunities available to new or existing businesses. We can help your firm access these funds to locate in Sault Ste. Marie or grow your existing business here. Many funds are only available in Northern Ontario, therefore doing business here in Sault Ste. Marie makes even more financial sense!
- Invest Ontario - Provincial Incentive Programs
- Northern Ontario Heritage Fund Corporation (NOHFC)
- Ministry of Economic Development, Job Creation and Trade - The Province of Ontario is Open for Business!
- Forestry Growth Fund - Funding for manufacturers and processors of wood products across Ontario.
- Ministry of Research & Innovation (MRI)
- Funding to support research and innovation in Ontario
- Other Provincial Funding programs:
- Ontario Centres of Excellence (OCE) Smart Seed Program - OCE Smart Seed Program will fund 50 percent, up to $60,000, for entrepreneurs with an incorporated, Ontario-based start-up company.
- Ontario Interactive Digital Media Tax Credit - A refundable tax credit on 40 percent of eligible Ontario labour expenses directly attributable to interactive digital media products and eligible marketing and distribution expenditures to a maximum of $100,000 per product.
- Ontario Media Development Corporation Export Fund - Provides support to cultural entrepreneurs from the book and magazine publishing, film and television production, and sound recording and interactive digital media content production industries to develop their export markets.
- Ontario Media Development Corporation Interactive Digital Media Fund - If you are producing original, interactive digital media content for sale to the general public, you may qualify for up to 50 percent of eligible costs to a maximum of $150,000.
- MaRS Investment Accelerator Fund - Helps build and strengthen Ontario-based businesses in the cleantech, technology, and life sciences sectors. It offers two types of funding, from $250,000 to $500,000, tailored to each type of applicant.