OPEN NOW: $5 million in Incentives for Business Expansions into Canada - Thunder Bay, Sault Ste. Marie, Kenora

Hickey & Associates Canada can help you access up to $5 million in incentives for business expansions into Canada at US border cities like Thunder Bay, Sault Ste. Marie, and Kenora, all in Northern Ontario, Canada.

Hickey & Associates Canada can determine your eligibility and help you access these incentives, in addition to other incentive opportunities.

Who is Eligible? 

Companies locating new business operations to Northern Ontario, Canada, which include US border cities like Thunder Bay, Sault Ste. Marie, Kenora, and the following other Northern Ontario cities: Sudbury, North Bay, Timmins, and Elliot Lake.

How Much Funding? 

Up to $5 million in the form of a conditional contribution and term loan.

What is the Evaluation Criteria?

  • Strength of the applicant’s detailed business plan

  • Financial strength of the applicant to secure the balance of funding from other sources

  • Job creation

What Costs are Eligible?

  • New or used equipment including capital leases

  • Capital construction

  • Leasehold improvements

  • Land servicing costs

What Costs are Not Eligible?

  • Ongoing operating costs including maintenance

  • Retail and consumer service businesses

  • Accommodation & food service businesses and related business activities

  • Land purchase/lease

  • Rolling stock (e.g. cars, trucks & boats and motors)

  • Mineral exploration, mine development and milling operations

  • Working capital

  • Cost of inventory

  • Acquisitions and buy-outs of existing businesses

How Can I Obtain More Free Information?

For details and a complimentary 30-minute professional incentive explanation on whether your business qualifies, please contact Vito Ciraco through any of the following:

Contact Hickey & Associates to learn more about this incentives opportunity and how your business can benefit!

Hickey Team

Hickey & Associates makes learning about commercial site selection easy. We share information in writing and through videos and images, covering topics like grants and incentives advisory, location strategy, and supply chain logistics. Our team helps you find the best places for your business, get financial benefits, and make your supply chain work better. We are here to make complicated things simple and beneficial for your business's growth.

Previous
Previous

Hickey Jobs Report Analysis - February, 2024

Next
Next

The Best Cities to Find Remote Talent in Canada