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Funding & Resources

Many organizations provide information, funding and resources for business development. Some of these organizations may also assist with renewal projects, community-based projects and charities, and affordable housing and housing upgrades.

Core Area Renewal Plan Incentives from the City of Thunder Bay
Are you considering property improvements? Access information on incentives offered specifically for renewal projects in the core areas of Thunder Bay. Perhaps you are one of the more than 4,000 estimated people (property owners and tenants) eligible for for these programs. 

Grants and Financial Assistance from the City of Thunder Bay
If you are administering a community group, it may be eligible for a Cultural Funding Program Grant, Events Development Grant and/or Community Financial Assistance Review Group (FARG) Grant. See our Grants page for further information.

Nishnawbe Aski Development Fund
Nishnawbe Aski Development Fund (NADF) is an aboriginal owned and controlled organization delivering business and financial services to the member First Nations of the Nishnawbe Aski Nation. For more information, follow this link: www.nadf.org.

FedNor
FedNor is a federal regional development organization in Ontario that works with a variety of partners to help create an environment in which communities can thrive, businesses can grow and people can prosper. Through its Northern Ontario Development Program, funding is available to support projects in six areas: community economic development; innovation; information and communications technology; trade and tourism; human capital and business financing.  For more information visit: fednor.ic.gc.ca.

Aboriginal Business Canada
Aboriginal Business Canada helps Aboriginal entrepreneurs and organizations achieve their business goals. The link for this website through Industry Canada is: www.ainc-inac.gc.ca/ecd/ab/abc/index-eng.asp.


Canada Mortgage and Housing Corporation

CMHC offers many programs including flexible financing options for first-time homeowners and seed funding to potential housing providers to develop proposals for affordable housing. Also, a Residential Rehabilitation Assistance Program helps developers and individuals create safe and affordable housing for low-income households, seniors and persons with disabilities. Follow this link to learn more: www.cmhc-schl.gc.ca/en/.

The Ontario Trillium Foundation
The Foundation, through organizations that are registered charities, not-for-profits, aboriginal communities or collaborations of two or more organizations achieving a common goal, supports the building of healthy communities through community-based initiatives that strengthen the capacity of organizations in the arts and culture, environment, human and social services and sports and recreation sectors. Follow this link to learn more: www.trilliumfoundation.org.

Thunder Bay Ventures
Thunder Bay Ventures is a non-profit organization committed to fostering community economic development in Thunder Bay and region. As a Community Futures Development Corporation (CFDC), they finance new businesses and expansions, provide business services and referrals and fund economic development projects. To learn more, visit: www.thunderbayventures.com. 

The Ministry of Municipal Affairs and Housing and the Ministry of Finance
The Canada-Ontario Affordable Housing Program is a partnership initiative among federal and provincial governments, municipal service managers and proponents of affordable housing that build, own, operate and finance housing units.

The Brownfield Tax Incentives Program is another initiative that encourages environmental rehabilitation of Brownfield sites. 

For more information on either of these programs, visit: www.mah.gov.on.ca and www.fin.gov.on.ca.

Northern Ontario Heritage Fund
The mandate of the Northern Ontario Young Entrepreneur Program is to provide young entrepreneurs with the opportunity to develop business skills while helping them start their own businesses in the North. Funding up to $25,000 is available. For more information, visit: www.mndm.gov.on.ca/nohfc/Default_e.asp.

Thunder Bay Community Foundations
Several locally based community foundations provide assistance to projects intended to aid the Thunder Bay area.  Two such foundations are the Thunder Bay Community Foundation at (807) 475-7279 and the Paterson Foundation, available on-line at: www.patersonfoundation.ca/default.asp.

Volunteer Thunder Bay
Volunteer Thunder Bay promotes and supports volunteers and the development of volunteerism and its leadership in Thunder Bay and region to enhance our community. More information can be obtained from their website: www.volunteerthunderbay.ca.

Local Area Schools
Ontario students are required to complete 40 hours of volunteer community service in order to receive their Ontario Secondary School Diploma. Our City’s youth are great sources of new ideas and energy.

Business and Social Service Volunteers
Many businesses and social service clubs have organized programs through which their staff and/or members volunteer their time to participate in community events. For example, Home Depot staff volunteer to help build playgrounds.

Other Foundations
The Lakehead Social Planning Council office in the Victoriaville Civic Centre can provide a list of foundations and other organizations that provide grants to not for profit ventures.