Invest
Ear Falls is constantly seeking new opportunities for economic growth. Expanding residential and recreational property development and an infrastructure capable of supporting four times the current population make Ear Falls an excellent investment opportunity.
With a population of 1200 people, Ear Falls is a small town with big ideas. Over the years, the growth of Ear Falls can be linked to its natural, family-friendly character and tourism industry, as well as its ability to continually attract new industries, services and attractions. As a result, this progressive township has become a popular destination for families to live, work and play.
Whatever you’re looking for, be it an evolving community in which to start a new business, the perfect setting to explore and develop industry, or a safe place to relocate your growing family, Ear Falls is a naturally prime location.
Provincial
NOHFC (Northern Ontario Heritage Fund Corporation)
The Northern Ontario Heritage Fund providing up to 50% to a guideline maximum of $1 million on capital expenditures, leasehold improvements, staff training, marketing, euqipment purchases and land servicing with up to one half of the funding in the form of a conditional grant with the remainder in the form of a repayable loan. NOHFC also provides internship programs. Additionally, there are incentive programs for R&D, Apprenticeship Tax Credit, and wage subsidies.
The Next Generation of Jobs Fund is a five year, $1.15 billion strategy that can help innovative companies take the lead in worldwide markets which offer long-term growth potential. Grants up to 15% of eligible project costs are available to support companies making new investments that help establish Ontario as a global leader in emerging markets.
AMIS (Advanced Manufacturing Investment Strategy)
The $500-million AMIS program provides repayable loans, interest free for up to five years, to encourage companies to invest in leading-edge technologies and processes
Federal
FedNor is an initiative of the Government of Canada which works with numerous partners, and through its programs and services. FedNor helps fund community projects as well as private sector initiatives designed to improve the economic and social well-being of the North as a whole. FedNor also provides internship programs.
We also have access to other province wide programs such as SADI and IRAP as well as all programs made available through the Ministry of Innovation and Research (MIR). For further information on accessing incentive programs please contact us directly.
SOURCE: Invest Northern Ontario www.investnorthernontario.com
Dam, English River
