INVEST North Program — Investment — Locate Stream ### 📋 Eligible Entities - Primary applicant: Business relocating or establishing new operations in Northern Ontario - Business structure: Corporations, partnerships, sole proprietorships, and cooperatives - Sector focus: Any industry sector (manufacturing, technology, services, etc.) - Size: Small, medium, and large enterprises - Location requirement: Must be locating operations to eligible Northern Ontario regions - Ownership: Canadian-controlled or foreign-owned enterprises may qualify (subject to program terms) - Note: Non-profits and government entities are typically excluded --- ### 💰 Funding Details - Maximum funding: Up to $5 million per project - Funding structure: Contribution (grant) or combination of contribution + term loan - Contribution (grant): Portion provided as non-repayable contribution - Term loan component: Repayable portion, if included in the package - Basis for amount: Determined by demonstrated net economic benefit to the Northern Ontario region - Matching requirements: Generally project-dependent; applicant may need to demonstrate private investment or co-funding - Currency: Canadian dollars --- ### 🛠️ Approved Expenses - Capital assets: Equipment, machinery, and technology purchases - Infrastructure: Facilities, construction, and facility improvements - Real estate: Property acquisition and site preparation - Working capital: Limited operational funding directly related to relocation - Employment creation: Payroll costs associated with job creation - Training: Employee training programs to support new operations - Feasibility studies: Pre-relocation planning and analysis - Note: Expenses must directly support the business relocation and demonstrate clear economic benefit --- ### ⚠️ Conditions & Milestones - Economic impact: Project must demonstrate measurable net economic benefit (job creation, investment, tax revenue, etc.) - Northern Ontario location: Operations must be located in eligible Northern Ontario designated areas - Job creation: Typically required to create permanent, full-time employment - Timeline: Project milestones and completion deadlines must be met - Reporting: Ongoing reporting on job