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Located in the Almaguin Highlands, Magnetawan is your location of choice to live, work and invest! Magnetawan offers a great location for business, an excellent quality of life, four-season recreation opportunities, attractions, and, of course, nature!
PROVINCIAL FUNDING OPPORTUNITY FOR TARIFF IMPACTED BUSINESSES
This new program is called the Ontario Together Trade Fund (OTTF) and is being offered by the Ministry of Economic Development, Job Creation and Trade. This program has the potential to provide financial support to help businesses near-term investments so they can serve more interprovincial customers, develop new markets and re-shore critical supply chains in the face of U.S. tariffs. With a focus on small and medium enterprises (SMEs), the program aims to help businesses, build local capacity, enhance trade resiliency, and make the necessary investments to successfully expand into new markets. The full program details can be found at this link: Ontario Together Trade Fund | ontario.ca
PROVINCIAL FUNDING FOR SMALL BRICK AND MORTAR BUSINESSES IN RURAL ONTARIO
The ROD program introduces new enhanced funding streams and expands program eligibility to include more rural communities and rural small businesses:
The New Business Development Funding Stream
Supports projects that support small brick-and-mortar businesses in rural Ontario with between one to 20 employees. Applicants can apply for up to $10,000 (35 per cent cost share).
For more information, guidelines and applications visit
https://www.ontario.ca/.../rural-ontario-development...
If you are considering investing in Magnetawan or starting a new business, a variety of resources are available to support you:
ACED (Area Community Economic Development)
Learn more about local economic development initiatives and support services.
The Business Centre Nipissing Parry Sound
Find resources for business planning, entrepreneurship support, and professional advice.
Fednor
Discover federal programs and funding opportunities to support business growth in Northern Ontario.
Employment North
Utilize services and support for workforce development and employment challenges.
Blue Sky Net
Leverage technology and broadband development projects to enhance your business operations.
The Labour Market Group
Gain insights into labour market trends and data to inform your business decisions.