NOHFC Invest North, Investment: Grow
NOHFC's Grow stream funds expansion of existing Northern Ontario businesses through a mix of instruments, reported as a contribution up to 20% (max $400,000), a contribution-plus-loan package to $600,000, or a term loan up to 50% of costs to $1,000,000. Intake is continuous. Much of the funding is repayable, it is not free money.
Key facts
- Amount
- Up to $1,000,000 Mixed instruments: contribution up to 20%/max $400K, contribution+loan to $600K, or term loan up to 50%/max $1M (secondary-source figures)
Against all tracked amounts, $1,000 to $500,000,000, logarithmic.
myportal.nohfc.ca · Last verified Oct 1, 2026 · Uncertain: confirm with funder
- Instrument
- Mixed instruments
- Status
- Open, continuous intake no fixed deadline; approvals on the funder's cycle
- Who qualifies
- Businesses
- business
- existing businesses expanding in Northern Ontario
myportal.nohfc.ca · Last verified Oct 1, 2026 · Reported, verification pending
- Built for
- Small business, expansion
Can you combine this with other funding?
- FedNor, Northern Ontario Development Program (NODP), Almost every significant northern project stacks NOHFC + FedNor; NOHFC funding is sometimes contingent on FedNor approval, which can add months (NOMA-flagged delay trap).
- Critical Minerals Innovation Fund, CMIF projects cannot receive concurrent funding from other Ontario government programs (limited exceptions), so pairing with NOHFC on the same project costs is generally not permitted; combined federal + provincial support is capped at 75% of eligible costs.
- Forest Biomass Program, IBM and MOD stream projects cannot stack with other provincial programs (NOHFC included) and total government funding is capped at 75% of eligible costs; IBP allows stacking to 100% and EBP to 70-100% depending on partners.
Other streams of Invest North Program
Funders publish these as one program with several streams. The terms differ by stream.
- NOHFC Invest North, Investment: Launch, Up to $200,000
Where else could this money come from?
Chosen by what these programs have in common with this one, not by hand. The reason is shown for each, so you can judge whether it holds.
-
INVEST North, Innovation Stream
Open, continuous intake same funder (NOHFC); both for small business, expansion — Up to $2,000,000
-
INVEST North, Investment: Locate Stream
Open, continuous intake same funder (NOHFC); both for small business, expansion — Up to $5,000,000
-
NOHFC People & Talent, Workforce Development Stream (internships)
Open, continuous intake same funder (NOHFC); both for small business, expansion — Up to $35,000
-
Broadband and Cellular Expansion Projects
Open, continuous intake same funder (NOHFC) — Up to $1,000,000
Guides that cover this program
- How does the NOHFC application process work?
- How do you apply for FedNor funding?
- NOHFC or FedNor: which funder fits your project?
- Can you stack NOHFC and FedNor funding?
- What counts as Northern Ontario for grant purposes?
- How to get grant-ready: what Northern Ontario funders ask for
- What replaced the Tourism Growth Program in Northern Ontario?
Apply
Apply on the funder’s site and confirm current terms there: