NOHFC’s Northern Ontario Recovery Program
October 21, 2020
NOHFC’s Northern Ontario Recovery Program is now officially open!.
The Northern Ontario Recovery Program is designed to help businesses adapt operations according to local public health guidelines, while protecting employees and customers.
Who is Eligible?
Northern Ontario businesses with at least one year of operations as of March 17, 2020 and were impacted by the Province of Ontario Emergency Order that closed all non-essential businesses on March 24, 2020.
What is Eligible?
Eligible projects will support the adaptation of business operations and practices to meet public health guidelines for operations under re-opening stages, and to support employee and consumer safety.
Eligible project costs include but are not limited to:
New or used equipment
Restructuring of business operations
Marketing for new business initiatives
Personal Protective Equipment and customer/employee safety installations
Other costs deemed necessary to complete the project at the discretion of the NOHFC
Applications will be accepted based on the following criteria:
Northern Ontario businesses’ evidence to support a loss of revenue or increase in expenses are directly attributed to the Province of Ontario Emergency Order related to the COVID – 19 pandemic
Submission of financial history for the previous year of operation will be required.
Eligible costs will be those incurred and paid after March 17, 2020.
Funding will be in the form of a conditional contribution and will normally not exceed $25,000.
NOHFC will cover 100% of eligible project costs.
Applicants must demonstrate that the amount requested from NOHFC is incremental and does not duplicate other supports received.
Funding is limited and will be on a first-come basis.
The application window will run from October 1 to December 31, 2020.
Applicants will be required to execute a legal agreement with NOHFC.
Here is the link to the website with the details and to access the online application: https://nohfc.ca/en/pages/programs/northern-ontario-recovery-program