Do you own or represent a business in, or are you thinking of relocating to the Mattawa-Bonfield region? There are a number of Federal, Provincial and Regional programs that could help you or your organization to reach your goals. The Director of Economic Development can help connect you with representatives from various supportive organizations to assist you with learning more about the many programs that may be available to help you or your organization. Connect with the Mattawa Bonfield Economic Development Corporation today to set up a consultation.
The Business Centre mission is to provide support to start-up and small enterprises during their first through fifth years of operation in Nipissing and Parry Sound by offering easy access to business consulting services and information concerning market research, business planning, management, marketing, technology and financing.
The office assists in the start-up of new and the expansion of existing businesses. Services include:
- One-on-one consultations
- Review of business plans
- Assistance with market research
- Provision of relevant and timely business information
- Mentoring and networking opportunities
- Internet and computer access for business research & planning
- Professional advisor referrals
- Import and export information
- Youth programming
Visit the Business Centre online at: www.thebusinesscentre-nps.ca/
The Business Centre Nipissing East Parry sound now provides itinerant services to the region by utilizing the resource room at MBEDC.
FedNor is the Government of Canada’s economic development organization for Northern Ontario. Through its programs and services, and through its financial support of projects that lead to job creation and economic growth, FedNor works with businesses and community partners to build a stronger Northern Ontario.
Visit FEDNOR online at: http://fednor.gc.ca/eic/site/fednor-fednor.nsf/eng/home
Small Business Loans: FedNor supports a network of 24 Community Futures Development Corporations (CFDCs) in Northern Ontario. These local, not-for-profit organizations provide business financing, as well as business planning and other services. For the Parry Sound District, the organizations are:
NECO CFDC - http://neco.on.ca
Youth Internship Program: Targets businesses that are interested in hiring a recent graduate (persons under 30 years of age) for eligible roles under the Northern Ontario Development Program or Economic Development Initiative guidelines. Funding of up to $31 500 is available to a maximum of a 50% contribution (for businesses) and 90% contribution for not for profit organizations.
Futurpreneur Canada has been fueling the entrepreneurial passions of Canada’s young enterprise for nearly two decades. We are the only national, non-proﬁt organization that provides ﬁnancing, mentoring and support tools to aspiring business owners aged 18-39. Our internationally recognized mentoring program hand matches young entrepreneurs with a business expert from a network of more than 2,800 volunteer mentors.
Visit Futurepreur Online at: http://www.futurpreneur.ca
Business Financing and Mentoring: Targets young entrepreneurs between 18 and 39 years of age. This program offers support from the business planning phase through start up and ongoing operations. Financing of up to $15 000 (for ages 18-34) and up to $45 000 (for ages 35-39) is available with better conditions than many major financial institutions.
Futurepreneur Resources: Along with financing assistance, Futurepreneur offers a wide variety of practical and informational resources. These resources include: business plan templates and an online business plan writer, marketing information, operational and financial planning resources, one on one mentoring and much more.
IION, one of 18 Regional Innovation Centres (RICs) in Ontario, is a member of the Ontario Network of Entrepreneurs (ONE) and a member of the Northern Technology Alliance (NTA). IION provides:
- Business advisory and mentoring services
- Direction and guidance on public and private funding including connections to angel investor networks
- Connections to sector, financial, or legal experts
- Access to market intelligence
- Promotes strategic business partnerships
- In-house funding opportunities
- Educational workshops, conferences and events
- Near North Resource Alliance: client/ecosystem support group
Visit IION online at: http://iion.ca
Step Forward Entrepreneurs Program (Worth a Cheque): Target innovation and commercialization projects for small and medium enterprises. Funding of up to $5000 for eligible costs. Applicants must provide a cash contribution of 18% of the funds being requested.
Innovative Manufacturing and Facilitation Program: Targets companies that are looking to accelerate innovation and commercialization in the advanced manufacturing sector. Funding of up to $5000 available for eligible costs. Applicants must provide a cash contribution of 20% of the funds being requested.
NRC Industrial Research Assistance Program (IRAP): IRAP provides financial support to qualified small and medium-sized enterprises (fewer than 500 full time equivalent employees) in Canada to help them undertake technology innovation. To be eligible, the applicant must demonstrate their objective to grow and generate profits through development and commercialization of innovative, technology-driven new or improved products, services, or processes in Canada.
Visit the NRCC online at: http://www.nrc-cnrc.gc.ca/eng/irap/index.html
The NOHFC Offers assistance to businesses through several support streams. Make sure to review the Growth Plan for Northern Ontario for a list of priority sectors for investment to see if your project could qualify.
Visit the NOHFC online: http://nohfc.ca/en/programs
Northern Business Opportunity Programs:
Business Expansion Projects: Targets expanding businesses within the priority sectors identified in the Growth Plan. Funding of up to 50% of eligible costs up to $1 million. Up to 30% may be in the form of a conditional grant with the remainder in the form of a repayable loan.
Film and Television Industry Projects: Targets production companies and their projects as outlined in the eligibility requirements. Funding of up to 50% of eligible costs up to $500 000 in the form of a conditional grant.
New Investment Projects: Targets competitive businesses that currently do not have a presence in Ontario that will expand operations to Northern Ontario and create jobs. Funding is on a case by case basis and can be in the form of a conditional grant or a combination of conditional grant and repayable loan.
Small Business Start-up Projects: Targets start-up businesses within the priority sectors identified in the Growth Plan. Funding of up to 50% of eligible costs up to $200 000 in the form of a conditional grant.
Northern Ontario Internship Program: Targets private sector, public sector, and not-for-profit organizations located in Northern Ontario that are interested in providing training and work experience to recent graduates. Funding of up to 50% of employee salary (private sector) or 90% of employee salary (public sector) up to a maximum of $31 500 for one year.
SEE is an emergent pan-northern collaborative whose focus is to support the infrastructure for Youth Social Entrepreneurship with an emphasis on collaboration, shared measurement and collective impact.
SEE is a three year project, lead by NORDIK Institute and its various regional partners that focuses on building a sustainable network by providing supports, setting up connections, sharing resources, building capacities, engaging youth, using community-based research methods, and promoting social entrepreneurship and the benefits it can bring to Northern Ontario. SEE offers access to many resources including business planning information, networking information and funding and finance programs and information.
Visit SEE Online at: http://www.seethechange.ca/
SENO Co-starter for Change Program: Targets social enterprises or social entrepreneurs wishing to ignite social change through the creation of a for-profit or not-for-profit business. By developing a business idea rooted in addressing issues that matter to people and the planet, entrepreneurs develop these ideas into viable initiatives that sustain economic development and pioneer social innovation. Funding is available up to $5000 for eligible expenses. Applicants must reside in Northern Ontario and must contribute 25% of the amount being requested.
Blue Sky Net facilitates the development of information communications technologies (ICT) projects throughout Northern Ontario. Their belief is that access to technology is crucial to the economic and cultural success of Northern Ontario. Blue Sky Net has a three part approach to improving access to technology for business and residential consumers. The three parts are:
- Expanding infrastructure
- Developing applications
- Improving ICT knowledge
Visit Blue Sky Net online at: http://www.blueskynet.ca/
BEAM PROGRAM: The BEAM program targets small businesses and assists them by alleviating some of the associated costs of establishing their business online or implementing and upgrading E-business applications. The program provides:
- Assistance and consultation throughout the application process
- Access to training to prepare for E-business applications
- A list of Northern Ontario vendors ro select from
- A rebate for up to 75% of eligible costs to a max. of $5000 upon project completion
E-Business Toolkit: The E-business toolkit provides access to information, e-books and other resources relating to e-commerce, social media, online marketing and more. Visit the Blue Sky Network website to access this information and/or download the available e-books.
The Build in Canada Innovation Program helps Canadian companies of all sizes move their state-of-the-art goods and services from the laboratory to the marketplace. BCIP is a Government of Canada Research and Development (R&D) procurement program aimed at procuring, testing and evaluating R&D pre-commercialized goods and services in the late stage development (Technology Readiness Level 7 to 9).
The program helps innovators:
- land a first major reference sale
- sell their innovation, but keep the intellectual property
- get their innovation tested in a real-life setting
- gain feedback to help get products to market faster
The program pays up to $500,000 for non-military innovations and up to $1,000,000 for military innovations.
Hire a young person!
Hire a young person through Employment Service, Youth Job Connection or Youth Job Connection Summer – see how these programs can benefit you as an employer and learn more about new financial incentives for small businesses.
How it works
As an employer, you benefit from hiring a young person.
You can get:
$1,000-$2,000 through the Employing Young Talent Incentive, for hiring and retaining a young person (15 to 29 years old), if you are:
-a small business with fewer than 100 employees, through Employment Service (new)
-an employer of any size, through Youth Job Connection
financial incentives for hiring a high school student (15 to 18 years old) through the Youth Job Connection Summer program
additional financial help to offset training costs
-an employee who is ready to work following a series of job-preparation workshops
-job coaches who provide ongoing support to you and your employee
You have to work with Employment Ontario to set the amount of money needed to hire and train someone through Youth Job Connection or Youth Job Connection Summer. It's based on the specific skill level of the person you want to hire and the amount of the on-the-job training you're offering.
To hire a young person, you must:
prove you are licensed to operate in Ontario
comply with workplace, human rights and labour legislation
have workplace safety and liability insurance
offer job opportunities taking place in Ontario
Who does not qualify
While municipal governments may qualify for supports, federal and provincial governments can't apply for Youth Job Connection or the summer component, Youth Job Connection Summer.
If you're already getting other government financial support for a particular position, you don't qualify.
How to hire
To hire a young person through Employment Service or Youth Job Connection and to start your application, request an appointment with an Employment Ontario job coach.
For information on booking an appointment or just getting general contact information. Visit the link below:
OMAFRA has launched their first intake period for the Canadian Agricultural Partnership program and up to $75,000 in funding may be available for companies.
Click here to see if you qualify! The intake period closes May 8th so don't delay!
To support you with getting your product commercial-ready, partner with the Product and Process Development team at NSF for eligible funding activities including:
- New Formulation Development
- New Process Development
- Scale-Up Trials
- Shelf Life Determination
- Regulatory Review
- Packaging Related Activities
- Labelling Compliance
- And others