Emerging Technology Program

Government Programs
Website and Administrative Organization(s): Emerging Technology Program
Northern Ontario Heritage Fund Corporation
Relevance: Program or service that is directly targeted to the funding or support of large, new and/or strategic advanced technology initiatives.
Industry: Manufacturing
Location: Ontario
Objective(s): The Emerging Technology Program is designed to encourage both the private and public sectors to develop exciting and viable new technologies that will contribute to future northern prosperity.
Focus:
  1. Financing
  2. Primary Research
  3. Pre-commercialization Technology Development
Eligibility: Eligible public sector applicants include Northern Ontario partnerships and alliances comprising:
  • municipalities;
  • private sector businesses and organizations;
  • federal government; and
  • other government-related agencies.


Note: Municipalities, First Nations, not-for-profit corporations and educational institutions may apply individually.

Eligible private sector applicants include:
  • individual private sector companies; or
  • consortiums of companies.


Note: The private sector applicant must be prepared to become incorporated and be incorporated prior to receiving assistance.
Value: For public sector applicants:
  • NOHFC may invest up to 50 percent of the costs for capital projects may be provided in the form of conditional contributions, repayable loans and forgivable performance loans
  • The maximum NOHFC contribution for any project will typically not exceed $1 million.


For private sector applicants:
  • NOHFC may invest up to one third of the total project cost.
  • For research and pre-competitive development technical projects, the NOHFC may provide up to $50 000 in non-repayable contributions on a cost-shared basis
  • The Emerging Technology Program may also provide repayable loans of up to $1 million or one third of eligible project costs, whichever is less, for capital projects.
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