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Kenora Incentives and Services

Data Last Updated: 11 January, 2013

Incentives and Financial Support

Capital

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Commercialization

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Digital Media

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Energy

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Export

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Human Resources and Training

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Northern Ontario

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Research and Development

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Southern Ontario

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Business Support Services

Lake Of The Woods Business Incentive CorporationSecond Floor, Bannister Centre, 301 First Avenue South
Serves Kenora; Sioux Narrows - Nestor Falls; Big Island Mainland 93; Shoal Lake (Part) 40; Shoal Lake (Part) 39A; Shoal Lake 34B2; Sabaskong Bay 35D; Northwest Angle 33B; Whitefish Bay 32A; Whitefish Bay 33A; Whitefish Bay 34A; Rat Portage 38A; Wabaseemoong; LakKenora, ON
807 467-4640P9N 1W2
LOWBIC strives to strengthen and diversify the local and regional economies. As a community-based, not-for-profit organization, LOWBIC is run by a board of local volunteers. It is staffed by professionals who encourage entrepreneurship and the pursuit of economic opportunities.
www.lowbic.on.ca
Northwest Business Centre227 Second Street South
Serves Consulting, Workshops & Seminars, Resource LibraryKenora
807 467-4643P9N 1G1
http://www.nwbiz.ca/

Kenora Incentives and Services

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Incentives and Financial Support

 

Capital

Business Development Bank of Canada (BDC)
Description:  BDC actively supports the development and growth of Canadian small and medium-sized enterprises through its complementary financing, venture capital and consulting services.
 
Canada Small Business Financing Program - Industry Canada
Description:  The program's main objectives are to help new businesses get started and established firms make improvements and expand, to improve access to loans that would not otherwise be available to small businesses, to stimulate economic growth and create jobs.
 
Community Futures Program - Ontario
Description:  FedNor's Community Futures (CF) Program, supports 24 Community Futures Development Corporations (CFDCs) in Northern Ontario. CFDCs offer a wide variety of programs and services supporting community economic development and small business growth.
 
Futurpreneur Canada
Description:  Financing, mentoring and support tools to aspiring business owners aged 18-39.
 
Ontario Emerging Technologies Fund - Ontario Capital Growth Corporation
Description:  To leverage private sector capital in clean technology, life sciences and advanced health technologies, digital media and information and communications technology sectors.
 
 

Commercialization

Conservation Fund
Description:  The Conservation Fund provides financial support to new and innovative electricity conservation initiatives designed to enable Ontario's residents, businesses and institutions to cost-effectively reduce their demand for electricity.
 
Ontario Centres of Excellence Inc.
Description:  Covers three key areas: Industry-Academic R and D Collaboration; Commercialization; and Entrepreneurship. Other key OCE initiatives are the IBM Smart Computing Initiative and Colleges Ontario Network for Industry Innovation (CONII).
 
Ontario Research Fund - Research Excellence (ORF-RE)
Description:  The Ontario Research Fund - Research Excellence (ORF-RE) provides research institutions with funding to help support the operational costs of large-scale transformative research of strategic value to the province.
 
 

Digital Media

Film or Video Production Services Tax Credit (PSTC)
Description:  Tax credit designed to enhance Canada as a location of choice for film and video productions employing Canadians, as well as to strengthen the industry and secure investment.
 
Ontario Book Publishing Tax Credit (OBPTC)
Description:  Tax credit for Ontario publishing companies to publish and promote works by a Canadian author.
 
Ontario Computer Animation and Special Effects Tax Credit (OCASE)
Description:  Ontario tax credits for computer animation and special effect activities in film or TV productions.
 
Ontario Film and Television Tax Credit (OFTTC)
Description:  Ontario refundable tax credit for film and video productions.
 
Ontario Production Services Tax Credit (OPSTC)
Description:  Ontario refundable tax credit for qualifying labour expenditures for those productions that do not meet the Canadian content requirements.
 
 

Energy

Conservation Fund
Description:  The Conservation Fund provides financial support to new and innovative electricity conservation initiatives designed to enable Ontario's residents, businesses and institutions to cost-effectively reduce their demand for electricity.
 
Feed-in Tariff Program - Ontario Power Authority
Description:  Procurement program that guarantees specific prices for various forms of renewable electricity production sources, including on-shore wind, hydroelectric, solar, biogas, biomass and landfill gas.
 
 

Export

Canadian Commercial Corporation (CCC)
Description:   International contracting agency provides export-related assistance in military sales and Canadian commitments for international assistance.
 
Export Development Canada
Description:  A crown corporation that offers financing, credit insurance and bonding solutions to Canadian exporters.
 
Investment Accelerator Fund (IAF)
Description:  The Investment Accelerator Fund (IAF) helps accelerate the growth of new technology companies being established in Ontario and positions them for further investment by angels and venture capitalists.
 
 

Human Resources and Training

Apprenticeship Job Creation Tax Credit - Canada Revenue Agency
Description:  A non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006.
 
Apprenticeship Training Tax Credit (ATTC) - Ministry of Finance
Description:  A refundable tax credit available to employers who hire and train apprentices in certain skilled trades.
 
Canada Summer Jobs
Description:  Contributions for employers to hire students during the summer.
 
Canadian Institutes of Health Research
Description:  Major federal health research funding agency for universities, hospitals and research institutes.
 
Cooperative Education Tax Credit (CETC)
Description:  A refundable tax credit available to employers who hire students enrolled in a co-operative education program at an Ontario university or college. The Canada Revenue Agency (CRA) administers the program on behalf of Ontario through the federal income tax.
 
Employer Signing Bonus - Ministry of Training, Colleges and Universities
Description:   A monetary bonus for an employer who hires and registers an apprenticeship scholarship candidate as an apprentice.
 
Industrial Research Assistance Program (IRAP) - National Research Council Canada
Description:  Technical advisory services, networking and financial assistance to SMEs.
 
Ontario Centres of Excellence Inc.
Description:  Covers three key areas: Industry-Academic R and D Collaboration; Commercialization; and Entrepreneurship. Other key OCE initiatives are the IBM Smart Computing Initiative and Colleges Ontario Network for Industry Innovation (CONII).
 
Ontario Labour Market Partnerships
Description:  Ontario Labour Market Partnerships support partnerships among employers, employer/employee associations, and community organizations to address identified labour market issues.
 
Summer Company
Description:  The Summer Company program provides hands-on business training and mentoring to help enterprising youth start up and run their own summer business.
 
Youth Employment Program - National Research Council Canada
Description:  Financial assistance to innovative Canadian SMEs to hire post-secondary graduates.
 
 

Northern Ontario

FEDNOR - Youth Internships - Private Sector Program
Description:  Supports full-time employment of recent graduates of post-secondary institutions up to 12 months in Northern Ontario.
 
Rural Economic Development (RED) Program
Description:  The Rural Economic Development Program invests in projects that support sustainable rural economies and community partnerships, under the priorities of health-care services, community revitalization and economic development, and skills enhancement.
 
 

Research and Development

Canada Foundation for Innovation
Description:  To strengthen the ability of Canadian universities, colleges, research hospitals, and other not-for-profit institutions to carry out world-class research and technology development that will benefit Canadians.
 
Canadian Institutes of Health Research
Description:  Major federal health research funding agency for universities, hospitals and research institutes has research programs matching industry partner's financial contributions.
 
Communications Research Centre Canada - Industry Canada
Description:  Helps SMEs take part in strategic R&D collaborations that leverage CRC's activities, resulting in knowledge and technology transfer that benefit Canadian industry, the economy and Canadians.
 
Industrial Research Assistance Program (IRAP) - National Research Council Canada
Description:  Technical advisory services, networking and financial assistance to SMEs.
 
Mitacs Accelerate
Description:  A unique cost-shared R and D internship program which connects companies with Canadian universities' research expertise, in all disciplines.
 
Ontario Centres of Excellence Inc.
Description:  Covers three key areas: Industry-Academic R and D Collaboration; Commercialization; and Entrepreneurship. Other key OCE initiatives are the IBM Smart Computing Initiative and Colleges Ontario Network for Industry Innovation (CONII).
 
Ontario Emerging Technologies Fund - Ontario Capital Growth Corporation
Description:  To leverage private sector capital in clean technology, life sciences and advanced health technologies, digital media and information and communications technology sectors.
 
Ontario Innovation Tax Credit (OITC)
Description:  The Ontario Innovation Tax Credit (OITC) is a refundable tax credit. It is available to all corporations that perform scientific research and experimental development (SR and ED) in Ontario.
 
Ontario Research and Development Tax Credit
Description:  Tax credit for Scientific Research and Experimental Development expenditures.
 
Ontario Research Fund - Research Excellence (ORF-RE)
Description:  The Ontario Research Fund - Research Excellence (ORF-RE) provides research institutions with funding to help support the operational costs of large-scale transformative research of strategic value to the province.
 
Scientific Research and Experimental Development Tax Incentive Program - Canada Revenue Agency
Description:  The largest single source of federal support for industrial R and D. Investment tax credits for expenditures such as wages, materials, machinery, equipment, some overhead, and SR and ED contracts.
 
Youth Employment Program - National Research Council Canada
Description:  Financial assistance to innovative Canadian SMEs to hire post-secondary graduates.
 
 

Southern Ontario

Scientists and Engineers in Business Initiative
Description:  Scientists and Engineers in Business is designed to help improve the business and management skills of entrepreneurs in the science, technology, engineering and mathematics (STEM) fields by improving access to financing and/or providing business support.
 

Business Support Services

Serves Kenora; Sioux Narrows - Nestor Falls; Big Island Mainland 93; Shoal Lake (Part) 40; Shoal Lake (Part) 39A; Shoal Lake 34B2; Sabaskong Bay 35D; Northwest Angle 33B; Whitefish Bay 32A; Whitefish Bay 33A; Whitefish Bay 34A; Rat Portage 38A; Wabaseemoong; Lak Kenora, ON
807 467-4640 P9N 1W2
LOWBIC strives to strengthen and diversify the local and regional economies. As a community-based, not-for-profit organization, LOWBIC is run by a board of local volunteers. It is staffed by professionals who encourage entrepreneurship and the pursuit of economic opportunities.
www.lowbic.on.ca
Serves Consulting, Workshops & Seminars, Resource Library Kenora
807 467-4643 P9N 1G1
http://www.nwbiz.ca/