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Business financing

Grow your business

Scale-up and productivity

FedNor can assist your business to grow and adopt or adapt new, innovative technologies to become more competitive in both domestic and global markets.

Find out how your company can benefit from FedNor’s Business scale-up and productivity stream.

Support for manufacturers

Northern Ontario manufacturers looking to boost their productivity, increase sales and exports and create jobs can find the support they need through FedNor’s Targeted Manufacturing Initiative for Northern Ontario (TMINO).

Find out how companies can access financing for productivity improvements, including equipment upgrades. Consult the TMINO guidelines or Frequently Asked Questions.

Applicants can apply directly to FedNor for funding to support operational assessments. For more information, call 1-877-333-6673 or contact a FedNor Officer.

Steel and Aluminum Initiative

The national Steel and Aluminum Initiative  offers non-repayable contributions, from $150,000 to a maximum of $1 million, for eligible Canadian for-profit businesses that are intensive users of steel and aluminum (representing expenditures greater or equal to 20% of overall input costs) and that seek to engage in productivity enhancement, environmental efficiency, and/or innovation projects.

Priority will be given to completed applications received from March 11, 2019 to April 8, 2019.


The initial priority period for applications to the Steel and Aluminum Initiative ended April 8, 2019, with the total value of the applications received exceeding investments available under this fund. Applications received by April 8 are now being assessed on a priority basis, as announced at the launch of the fund. FedNor will continue to accept applications, but those received before April 9 will be given priority.

Find out more about the Steel and Aluminum Initiative in Northern Ontario.

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