There are several financing options available to individuals interested in starting their own business.

Below are a few links that you may find helpful.

Canadian Youth Business Foundation
The CYBF is a national non-profit organization that supports the next generation of business leaders by helping youth help themselves.

HRDC Wage Subsidy Programs
There are a few programs that serve to subsidize the cost of new employees. Click the link above to learn more!!

Business Development Bank of Canada
BDC provides specialized funding for commercially viable business projects as well as a wide range of business counselling and training services.

Canadian Small Business Financing Program
THE CSBF Program can assist businesses to obtain term loans of up to $250,000 to help finance “hard” costs (building, equipment, renovations etc.)

Self Employment Benefits Program
The objective of the SEB Program is to support entrepreneurs through the early stages of business growth.

NECO
NECO is a regional economic development organization, which invests in, and nurtures small business, and develops partnerships with private and public sectors to create and maintain jobs in our communities.

NOHFC Young Entrepreneur Program
This program is designed to assist young northerners to remain in the North to develop their business skills and start their own full time business.

FedNor Innovation Fund
This program is designed to help bring new products and services to market through financial support for early stage research and development.

NOHFC Emerging Technology Program
This 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.

NOHFC Small Business Energy Conservation Program
Through pursuing innovative solutions to energy generation and conservation, northern enterprises will be able to better manage and reduce their energy consumption costs. This program is designed to assist northern businesses to capitalize on these opportunities.

FedNor Youth Internship Program
Encourages employers to provide young northerners with education-related job experience, ideally leading to permanent full-time employment within Northern Ontario.

NOHFC Northern Ontario Youth Internship and Co-op Program
Through this program, young northerners seeking to launch and build their careers in Northern Ontario will have access to work placements and internships. The aim is to have these opportunities serve as a springboard to rewarding and successful careers.

Ontario Arts Council Granting Programs & Awards
The OAC is Ontario's primary funding body for professional arts activities. The OAC supports both individual artists and organizations. Three types of grants are available.

NOHFC Enterprise North Job Creation Program
Recognizing that job creation and economic growth in Northern Ontario is given by the existence of a strong private sector, the NOHFC provides financial assistance to the private sector to support initiatives that bring new jobs and economic benefits to the North.