By no means is the list the exhaustive, complete list of *ALL* the programs out there, rather the most common that our office has interacted with.
By no means is the list the exhaustive, complete list of *ALL* the programs out there, rather the most common that our office has interacted with.
www.gotothunderbay.ca/startercompanyplus
$5,000 (require 30% owner equity)
Must be new (>1 yr) or expanding business.
Must be 18-29 and returning to school in the fall.
$3,000 (disburse $1,500 at start of summer, and $1,500 upon completion of program)
Business must be over 1 yr old. Priority sectors are (but any may apply):
Advanced Manufacturing
Agri-Food
Health/Bio-Sciences
Clean Tech
Digital
Tourism and Resources
Up to 50%, max of $5,000 for website development
Up to 50%, max of $25,000 for software/technology implementation
2 Streams under New Business Opportunities: Start Up and Expansion
All funding need to be within their priority economic sectors:
advanced manufacturing
agriculture, aquaculture and food processing
arts, culture and creative industries
digital economy
forestry and value-added forestry-related industries
health sciences
minerals sector and mining supply and services
renewable energy and services
tourism
transportation, aviation and aerospace
water technologies and services
Start up - up to 50% reimbursed, to a maximum of $200,000 for eligible expenses
Expansion - up to 20% reimbursed, to a maximum of $400,000 for eligible expenses
Loans and micro loans with some grant funding via the Aboriginal Business Financing Program to assist indigenous led businesses.
https://paro.ca/2013/paro-services/bizgrowth/
For women-led businesses that are expanding.
Up to 80% covered, max of $5,000.
3 prongs of assistance:
ShopHERE - get a free Shopify eCommerce website created for free
Transformation Grant (2.0) - $2,500 grant to help improve your online presence. If you had previously received the grant you can just log into your account to apply for the new one.
Future Proof - a deeper dive on assisting main street businesses to adapt to new patterns of business.
The Sustainable New Agri-Food Products and Productivity (SNAPP) Program is an initiative of the Rural Agri-Innovation Network (RAIN), a division of the Sault Ste Marie Innovation Centre in partnership with the Northern Ontario Farm Innovation Alliance and the Northwestern Ontario Innovation Centre and supports Northern Ontario agriculture and food producers, businesses, collaborations, communities and First Nations to create new products, enhance productivity and adopt clean technology to support improved environmental performance while fostering growth.
• New Products – Projects that enable agriculture or food producers to create primary or processed products that are new to the business. Examples of potentially eligible projects include the creation of a new ready-to-eat processed product, or the ability to produce a new farm product. Project equipment may include food or fibre processing equipment or food production equipment.
• Productivity Enhancement – Projects that utilize innovative technologies or processes to increase efficiencies in their operations and improve processes or products. Project equipment may include greenhouse structures, production equipment, animal tracking (tag reading technology) meat processing equipment, or food packaging equipment.
• Clean Tech in Agri-Food – Projects that adopt clean technology at the farm/business level and support improved environmental performance while fostering productivity, growth and competitiveness. Eligible projects must improve environmental performance relative to standard/most commonplace technologies. Therefore, energy efficiency, remanufacturing, or productivity improvement initiatives do not necessarily include clean tech adoption/adaptation. Examples of potentially eligible projects include precision agriculture technology for irrigation and fertilization, composting and waste management, controlled environment greenhouse technology and gaining water or energy efficiencies.
Funding - Up to $10,000 at 50% cost-share for individual applicants or up to $25,000 at 50% cost-share for collaborations of 3 or more
Please visit www.rainalgoma.ca/SNAPP for more information
Place to Grow: Agri-food Innovation Initiative
Open until November 26, 2020
Ontario’s government is helping to grow the province’s agri-food and agri-products sectors by launching the Place to Grow: Agri-food Innovation Initiative – a program which will help drive innovation, reduce red tape, and address industry priorities. The “Funding for Sectors” stream will support agriculture and food value-chain partners address emerging sector challenges and opportunities to create sector wide benefits.