--- title: Ontario Invest North Program description: The Invest North Program, offered by the Northern Ontario Heritage Fund Corporation (NOHFC), is designed to boost economic growth in northern Ontario by encouraging businesses to invest in transformative, strategic, and complementary business development opportunities in northern communities.  image: https://grantmatch.com/hubfs/Northern%20Ontario.jpg --- In Canada # Ontario Invest North Program The Invest North Program, offered by the Northern Ontario Heritage Fund Corporation (NOHFC), is designed to boost economic growth in northern Ontario by encouraging businesses to invest in transformative, strategic, and complementary business development opportunities in northern communities. [ Gibson Ingram ](https://grantmatch.com/hot-new-programs/author/gibson) Jun 8, 2021 [In Canada](https://grantmatch.com/hot-new-programs/tag/in-canada) [Innovation](https://grantmatch.com/hot-new-programs/tag/innovation) [Job Creation](https://grantmatch.com/hot-new-programs/tag/job-creation) [Ontario](https://grantmatch.com/hot-new-programs/tag/ontario) [Provincial Grants](https://grantmatch.com/hot-new-programs/tag/provincial-grants) ### Share this article [mailto:?subject=Check%20out%20https://grantmatch.com/hot-new-programs/ontarioinvestnorth&utm_medium=social&utm_source=email%20&body=Check%20out%20https://grantmatch.com/hot-new-programs/ontarioinvestnorth&utm_medium=social&utm_source=email](mailto:?subject=Check%20out%20https://grantmatch.com/hot-new-programs/ontarioinvestnorth&utm_medium=social&utm_source=email%20&body=Check%20out%20https://grantmatch.com/hot-new-programs/ontarioinvestnorth&utm_medium=social&utm_source=email) ### Subscribe ### Subscribe ![](https://grantmatch.com/hubfs/Northern%20Ontario.jpg) # BUSINESSES CAN APPLY FOR FUNDING SUPPORT TO COVER UP TO 50% OF ELIGIBLE COSTS The Invest North Program, offered by the Northern Ontario Heritage Fund Corporation (NOHFC), is designed to boost economic growth in northern Ontario by encouraging businesses to invest in transformative, strategic, and complementary business development opportunities in northern communities.  The Program is offered through a number of streams, each designed to address specific needs and project outcomes. The Program will support productivity, innovation, business competitiveness, revenue growth, export capacity development, job creation, and retention. This collection of program streams provides funding to businesses investing in areas such as: - Labour - Innovation - Expansion - R&D - Marketing - Capital Construction ### Innovation stream - The Innovation Stream supports the research, development, and commercialization of new and innovative technologies in northern Ontario. - Funding is available in the form of a conditional contribution of up to **50%** of total eligible costs to a maximum of **$500,000.** ### investment - launch stream - The Launch stream is designed to assist businesses starting-up operations in northern Ontario. - Funding is available in the form of a conditional contribution of up to **50%** of total eligible project costs to a maximum of **$200,000.**   ### investment - Locate stream - The Locate Stream is designed to assist with locating new business operations to northern Ontario. - Funding is available to cover up to **50%** of project costs in the form of a conditional contribution or a combined loan, to a maximum of** $5 million.** ### Growth stream The Growth Stream is designed to assist businesses expanding existing operations in northern Ontario. Funding can be provided through three options: - A conditional contribution of up to** 20%** of total eligible costs to a maximum of **$400,000.** - A conditional contribution of up to **20%** of total eligible costs to a maximum of** $400,000,** plus a term loan of up to **30%** of total eligible costs to a maximum of **$600,000.** - A term loan of up to** 50%** of total eligible costs to a maximum of **$1,000,000.** ## Similar posts [Canada Blog ](https://grantmatch.com/hot-new-programs) Funding Program News ### [Invest North – Grow Program](https://grantmatch.com/hot-new-programs/invest-north-grow-program?hsLang=en) Discover funding opportunities in Northern Ontario for business expansion, job creation, and economic development through the Invest North Program. GrantMatch Team Mar 11, 2025 In Canada ### [Bring Your Vision to Life: Up to $2M in Grant Funding for Northern Ontario Municipalities](https://grantmatch.com/hot-new-programs/nohfc-community-funding-northern-ontario?hsLang=en) Grant funding available for economic development and community improvements in Northern Ontario. Learn about eligibility and how to apply. GrantMatch Team Apr 16, 2025 In Canada ### [Eastern Ontario Development Fund (EODF) - Program News](https://grantmatch.com/hot-new-programs/eastern_ontario_development_fund?hsLang=en) The Eastern Ontario Development Fund provides support for projects and investments to businesses, municipalities and not-for-profit organizations for... GrantMatch Team Nov 1, 2022 ### Sign up for exclusive grant funding updates and more.  Be the first to know about new government programs and learn more about our products and services designed to keep you up to date with Canada's ever-changing funding landscape.  ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Gibson Ingram", "url" : "https://grantmatch.com/hot-new-programs/author/gibson" }, "dateModified" : "2021-06-08T13:14:12.634Z", "datePublished" : "2021-06-08T13:12:27.000Z", "headline" : "Ontario Invest North Program", "image" : [ "https://grantmatch.com/hubfs/Northern%20Ontario.jpg" ], "mainEntityOfPage" : { "@id" : "https://grantmatch.com/hot-new-programs/ontarioinvestnorth", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://grantmatch.com/hubfs/governmentfundingstrategistsfinal-01-3.png" }, "name" : "GrantMatch Corp." } } ```