Community Economic Development
FedNor is committed to working with economic development and industry stakeholders to build strong and sustainable communities in Northern Ontario. FedNor supports communities' efforts to plan and mobilize their resources, enhance business growth, and exploit new opportunities for economic development and diversification.
Recognizing the unique challenges facing Northern Ontario communities, many of which are small, rural and remote, FedNor will target its support to help them create the conditions necessary for economic growth and development.
Results generated by FedNor's investments in community economic development will include:
- increased community mobilization to identify and prioritize viable economic opportunities through enhanced decision-making and planning;
- strengthened community economic competitiveness through implementation of identified priorities to diversify and stimulate business investment and growth in the short to medium-term (up to five years); and
- enhanced collaboration among stakeholders to achieve shared regional economic development goals in the short- to medium-term (up to five years).
- Not-for-profit organizations in Northern Ontario, such as community economic development, Aboriginal and Francophone organizations, industry and business associations, networks, or alliances.
- Municipalities; municipal organizations; and First Nations in Northern Ontario.
Eligible Project Activities
Activities related to community economic development, including those that leverage key economic sectors, such as mining and forest industries, tourism, agri-food, information and communications technology, renewable energy and manufacturing. Examples of eligible project activities include:
- strategic and business planning, sector or industry analysis, feasibility, marketing and engineering studies, recovery plans, workforce attraction and retention strategies, community investment readiness plans, inventories of community assets and community profiles;
- strengthening communities' economic foundations, including industrial and commercial assets and industrial/business parks, downtown revitalization, and waterfront development;
- implementation of priority initiatives identified in economic development plans that demonstrate strong economic results; and
- youth internships to assist with projects related to community economic and business development.
Other activities related to community economic development necessary to further an economic goal in Northern Ontario may be considered on a case-by-case basis.
Eligible costs include all expenses directly related to the project and deemed reasonable and necessary for its execution.
Non-capital costs may include:
- fees for professional and technical services, including project implementation, engineering services;
- costs related to community engagement and planning, such as facilitation, rental of facility;
- costs related to producing and disseminating results of studies/plans;
- marketing costs, including design, promotional materials, advertising, product demonstrations and participation at trade shows; and
- travel expenses and labour costs.
Capital costs may include:
- servicing of industrial lands;
- waterfront development;
- leasehold improvements; and
- machinery, equipment and technology.
Ineligible Project Activities and Costs
Certain activities and costs will not be considered eligible, including:
- infrastructure supporting social goals, including educational facilities and health care services and delivery (e.g. hospices, long-term care facilities, health centres);
- infrastructure related to retail, wholesale, accommodation and administrative facilities;
- activities and infrastructure primarily of a social/recreational nature such as museums, libraries, cultural centres, recreation centres, tourist information/welcome centres, arenas and waste management disposal;
- government services; and
- land and rolling stock.
- Assistance available from FedNor includes repayable and non-repayable contributions. Contributions will normally be repayable where proposed projects generate profits for the eligible applicant. All youth internships are non-repayable.
- Generally, FedNor will support up to 33 percent of eligible capital and up to 50 percent of eligible non-capital costs.
- Eligible applicants are expected to contribute a minimum of 10 percent of project costs.
- If applicants incur costs to implement their projects prior to approval of funding, these costs will not be considered eligible for reimbursement unless written consent is provided by FedNor.
- For youth internships, FedNor may contribute up to $31,500 (90 percent) for salary and employee benefit expenses.
Project applications are reviewed and funding levels determined based on criteria, such as:
- net economic benefit to Northern Ontario, especially in the short- to medium-term (up to five years);
- development, growth and increased competitiveness of SMEs;
- creation and retention of jobs in Northern Ontario;
- competitive impacts on existing businesses;
- alignment with community economic priorities;
- need for assistance to make the project viable;
- requested assistance complements and does not displace other available government funding programs;
- availability of FedNor's NODP funds;
- opportunities to leverage investment from other funding sources;
- projects that are deemed to enhance the vitality and support the development of Official Language Minority Communities and/or foster the full recognition and use of English and French in Canadian society.
Where applicable, FedNor requires that:
- projects address the requirements of the Canadian Environmental Assessment Act and reflect the spirit and intent of the Official Languages Act;
- applicants use a fair, competitive and transparent procurement process to ensure the best value for money when supplies, equipment and services are purchased or personnel hired; and
- an appropriate authority or regulatory body endorses the project.
FedNor is committed to providing quality service to all applicants and funding recipients in the official language of their choice.
Our goal is to:
- acknowledge receipt of an application within three (3) working days; and,
- provide a decision on applications within eighty (80) working days of receipt of a fully completed application.
How to Apply
Please call 1-877-333-6673 to discuss your proposal with a FedNor Officer in your area or begin your application process.
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