Wawa & Area Funders’ ForumJune 6, 2013

Partnership. Prosperity. Progress.Partenariat. Prospérité. Progrès.

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FedNor

The Government of Canada looks to FedNor to deliver its and mandate in Northern Ontario.

economic developmentbusiness growth

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FedNor Programs

Northern Ontario Development Program2013-2014 Investment Budget - $35.5M

Community Futures Program2013-2014 Investment Budget - $8.36M

Economic Development Initiativein support of official language minority communitiesLaunching in Fall 2013

FedNor

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FedNor’s Northern Ontario Development Program (NODP) helps to strengthen , enhance and facilitate in communities across Northern Ontario.

community economic developmentinnovationbusiness growth

Our priorities are: – Community Economic Development– Business Growth and Competitiveness– Innovation

Northern Ontario Development Program

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Community Economic Development

plan and mobilize their resourcesenhance business growthexploit new opportunities for economic development and diversification

Northern Ontario Development Program

FedNor is committed to working with economic development and industry stakeholders to build strong and sustainable communities in Northern Ontario.

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Eligible activities

Strategic and business planningMarketing and engineering studies Workforce attraction and retention strategiesIndustrial/business parks Downtown revitalizationWaterfront developmentYouth internships

NODP: Community Economic Development

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Business Growth & Competitiveness

Improve productivity Reach new marketsFacilitate access to capitalEncourage entrepreneurship

Northern Ontario Development Program

FedNor is committed to fostering economic growth and increased competitiveness of businesses in Northern Ontario.

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Eligible activities:

business management capacity development access to new markets outside Northern Ontario investment attraction industry collaboration and support for SMEs development, promotion and expansion of business associationsyouth internships

NODP: Business Growth & Competitiveness

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Innovation

commercialization of new technologiestechnology linkages: businesses and institutionsadvancing technological research & developmentpromoting community innovation initiatives

Northern Ontario Development Program

FedNor is committed to supporting communities and businesses to become more innovative, productive and competitive.

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Eligible activities:

proof of concept, engineering design, product testingtechnology development, acceleration creating, acquiring or enhancing assets to support technological innovationlinking stakeholders in the innovation systemstudies related to innovation, including business plans and feasibility studiesyouth internships to assist with projects related to innovation

NODP: Innovation

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Youth Intern Enhancements

Not-For-Profit Applicants: $31,500 or 90 percent toward employee salary and benefits.Private Sector Applicants: $31,500 or 50 percent toward employee salary, benefits, and professional/business skills development and associated travel costs.On an exceptional basis where conditions warrant and activities being undertaken build economic development capacity, the internship period for small municipalities and First Nation communities may be up to 24 months to match project work plans.

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Application Process

Phase One - Initial applicationsimplified form outlining concepteasy to completetimely decisions on project concepts

Phase Two - Detailed submission

requirements based on project complexityexpedited due diligence

Youth Internshipsstand-alone, simplified application form

Northern Ontario Development Program

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Northern Ontario Development Program

Other Considerations

NODP project applications are reviewed based on several criteria, including:

net economic benefit to Northern Ontario, especially in the short- to medium-term (up to five years); development, growth and increased competitiveness of SMEs; alignment with community economic priorities; need for assistance to make the project viable; requested assistance complements and does not displace other funding programs; and, opportunities to leverage investment from other funding sources.

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We should talk…

For more information on FedNor’s Programs, please visit our Website. Or, call a FedNor officer in your region.

FedNor.gc.ca

1-877-333-6673

Pour obtenir de plus amples informations au sujet de nos programmes, visitez notre site Web. Ou communiquez

avec un agent de FedNor dans votre région.

(Cette présentation est disponible en français)

FedNor

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By working in partnership with local stakeholders,

FedNor is bringing progress and prosperity to Northern Ontario.