Program Objective
In Northwestern Ontario, many small and medium-sized enterprises (SMEs) have difficulty funding the initial commercialization steps required to accelerate product introduction and marketplace positioning.
The intent of this program is to provide funding to assist with innovative business growth. This support could be applicable to the following contracted expertise, services or direct costs:
- Sales and Marketing
- Trade show exhibiting
- Sales Training
- E-Commerce
- Test marketing
- Branding development
- Selected promotional materials
- Export market development
- Product Development
- Market research
- Feasibility analysis
- Product testing
- Certifications, in-market licences, market entry fees
- IP Research and Protection
- Business Enhancement
- Management support/training
- Business capacity development
- Productivity or lean production implementation
Up to $5,000.00 in assistance may be provided towards approved costs in the above categories.
Eligibility
The client must be a for-profit entity, (registered sole proprietor, partnership, or corporation) seeking assistance for developing and commercializing an innovation potentially contributing to increased sales and employment. This program is not intended to support, nor is applicable to, businesses operating as distributors or re-sellers.
Contributory Requirement
Applicants will be required to provide a cash contribution towards the project in the amount of 18% of the total funds requested. Paid expenses occurring before the date of application for Next Level funding will not be recognized as an eligible contribution. Contribution must be received before any payment funds are advanced to contractors.
Interested?
Please contact Rick Prior for additional information at:
1294 Balmoral St., Ste. 150,Thunder Bay,ON P7B 5Z5
Phone: (807) 768-6688, Fax: (807) 768-6683
Toll Free: 1 866 768-6682
nwoinnovation%23ca|rick
