Grant and Funding Opportunities for Sault Ste. Marie Businesses

Funding Your Growth

Sault Ste. Marie businesses have access to several federal, provincial, and regional funding programs designed to support growth, innovation, and job creation in Northern Ontario.

Northern Ontario Heritage Fund Corporation (NOHFC)

The NOHFC offers grants and loans for business expansion, job creation, and community development in Northern Ontario. Programs include the Northern Ontario Internship Program and various sector-specific funding streams.

FedNor (Federal Economic Development Agency)

FedNor provides funding for community economic development, business growth, and innovation projects across Northern Ontario. Their Community Futures program offers small business loans and advisory services.

Canada Small Business Financing Program

This federal program helps small businesses access loans of up to $1 million for equipment, leasehold improvements, and real property. The government shares the risk with lenders, making approval easier.

Ontario Small Business Support Grant

Ontario periodically offers targeted grants for small businesses affected by economic disruptions. Check the Ontario government website for current programs.

Preparing Your Application

Most funding applications require clean financial statements, a business plan, cash flow projections, and evidence of economic impact. Having professional bookkeeping in place makes this process dramatically easier.

Fusion Financial can prepare the financial documentation you need for grant and loan applications. Request a quote to get started.