NOHFC Invest North, Investment: Launch
NOHFC's Launch stream funds new Northern Ontario businesses (under 6 months old) with a conditional contribution of up to 50% of eligible costs to a maximum of $200,000. Intake is continuous through the MyNOHFC portal, with approvals at periodic NOHFC board meetings. A conditional contribution is not a simple grant, conditions apply and portions can be repayable.
Key facts
- Amount
- Up to $200,000 Up to 50% of eligible costs, max $200K
Against all tracked amounts, $1,000 to $500,000,000, logarithmic.
myportal.nohfc.ca · Last verified Oct 1, 2026 · Reported, verification pending
- Instrument
- Conditional contribution
- Status
- Open, continuous intake no fixed deadline; approvals on the funder's cycle
- Who qualifies
- Businesses
- business
- new businesses less than 6 months old
- Northern Ontario location
myportal.nohfc.ca · Last verified Oct 1, 2026 · Reported, verification pending
- Built for
- Startups & new entrepreneurs
How do you apply?
- preliminary application (~10 business days response)
- assigned officer + full 8-10 page proposal
- board approval
- contract 6-8 weeks post-approval
nohfc.ca · Last verified Oct 1, 2026 · Reported, verification pending
Other streams of Invest North Program
Funders publish these as one program with several streams. The terms differ by stream.
- NOHFC Invest North, Investment: Grow, Up to $1,000,000
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 startups & new entrepreneurs — Up to $2,000,000
-
Broadband and Cellular Expansion Projects
Open, continuous intake same funder (NOHFC) — Up to $1,000,000
-
Cultural Supports, Community Events Stream
Open, continuous intake same funder (NOHFC) — Up to $15,000
-
INVEST North, Innovation: Industrial Research Chair Program
Open, continuous intake same funder (NOHFC) — Up to $1,000,000
Guides that cover this program
Apply
Apply on the funder’s site and confirm current terms there: