ELNOS Region BizNet
A network or ecosystem of business supports and resources.
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Canadian Digital Adoption Program (CDAP)
Grow Your Business Online Grant
In partnership with Diversity Canada's Golden Voices Rebuilding and Reconnecting Project, eligible businesses can receive a rebate of up to $2400 for digital initiatives meant to grow and scale the company.
ELNOS can provide a short term loan to approved businesses to provide business owners with working capital up front.
The ELNOS application form can be found by clicking this link. Please fill out and submit the forms via email or in person.
The application deadline for this program is September 30th, 2024.
Youth Programs
• Student 15-29 years old
• Start-up money for a new summer business
• Up to $3000 award
• Employment programs for people under 30
• How to start a business
• Looking to build skills and find a job
Over 30 programs, including:
• Youth Employment Fund
• Youth Skills Connections
• Summer Company
• Starter Company Program
• Youth Business Acceleration Program
• Youth Investment Accelerator Fund
• SmartStart Seed Fund
• Community Entrepreneurship Projects
• Between 15 and 29 years old
• A job for up to 6 months
• At least 60 hours of paid training to prepare you for the workplace
• Between 15 and 18 years old
• A summer job for up to 8 weeks
• At least 20 hours of paid training to prepare you for the workplace
• One-stop access to employment programs and services for both job seekers and employers
Research & Innovation
Canada Foundation for Innovation
• A non-profit corporation that invests in research infrastructure at Canadian universities, colleges, research hospitals, and non-profit research institutions.
Current topics in research funding:
• Youth and research: a promising future
• Responding to COVID-19
• Supporting the next generation
• Fostering commercialization
• Co-invest in innovation originating in the province’s funded colleges, universities, and research hospitals
Programs include:
• Ontario Vehicle Innovation Network
• Next Generation Network Program
• Market Readiness Co-investment Fund
• TalentEdge Internship Program
Export & Foreign Investment
• Financing to support international transactions: to pay up-front costs associated with the production of a large export order, to expand into new markets, or to
respond to a buyer’s request for financing
Export, Import and Foreign Investment
• Information on international trade and investment
Rural Areas
• Financing for rural Ontario businesses
• Maximum $150,000
• Can be used for assets and working capital
Local office: East Algoma - office in Blind River
Employer Incentive Programs
• Funding to support Ontario employers to develop their workforce through employer-driven training
I want to…
• Hire Employees
• Hire Youth / Summer Students
• Get Training & Apprenticeships
• Update Workplace Literacy
• Downsize & Layoff
• Forecast Labour
• An Ontario employment and training program that takes the time to understand your company’s needs in today’s changing economy
• Advertise Job Postings
• Free Screening and Recruiting Services
• And more!
Ontario’s Employer Supports of Apprenticeship
• Tools Grant
• Apprenticeship development
• Disability Support
• Trade Training
Apprentice Job Creation Tax Credit
• AJCTC is a non-refundable tax credit of $2000/year for each eligible apprentice
Ontario Labour Market Partnerships
• Support partnership among employers, employer/employee associations, and community organizations
Wage Subsidy Programs
Employment and Social Development Canada
Elliot Lake and North Shore Telephone: 1-800-622-6232
Blind River Telephone: (705) 356-2263
Elliot Lake Telephone: (705) 848-7153
Elliot Lake Telephone: (705) 848-5119
Lending Institutions
• We have different programs to meet your needs, from general loans, micro-loans, low interest loans, and business development assistance programs.
• We assist businesses to succeed in our community with business planning, strategic alliances, financing, consulting and more.
East Algoma Community Futures Development Corporation
• The East Algoma CFDC assists area business with flexible and tailored financing solutions.
• We can work with you to custom design a financing solution with payments, schedules and amortization that works for your business.
Waubetek Business Development Corporation
• Waubetek offers a variety of business loans to establish, expand or purchase a business in North Eastern Ontario.
Business Development Bank of Canada (BDC)
• BDC offer loans and investments that supplement services available from commercial financial institutions
• Start-up financing and Market Expansion
• Equipment and Machinery Purchase
• Working Capital for Growth and Commercial Real Estate
• Indigenous Banking
• Small business lending program
PARO Centre for Women’s Enterprise
First Nation Supports
Aboriginal Entrepreneurship Program
• Indigenous and Northern Affairs Canada
• Indigenous-owned businesses can access up to $99,999
Waubetek Business Development Corporation
• Waubetek offers a variety of business loans to establish, expand or purchase a business in North Eastern Ontario.
Banks
Elliot Lake: (705) 461-1922
Blind River: (705) 356-2212
Elliot Lake: (705) 848-2211
Elliot Lake: (705) 848-3068
Blind River: (705) 356-2283
Canadian Imperial Bank of Commerce (CIBC)
Elliot Lake: (705) 848-2266
Elliot Lake: (705) 461-9203
Elliot Lake: (705) 848-7129
Investors & Grants
Northern Ontario Heritage Fund Corporation (NOHFC)
Federal Economic Development Agency for Northern Ontario (FedNor)
Additional Programs
• Get a tailored list of programs that fit your business situation or to discover other federal, provincial and territorial programs and services
• Sign up for the notification feature to receive emails when there are changes to programs, application deadlines are approaching, or a new program is launched
• Ontario resident and Canadian citizen (or permanent resident)
• 18 years of age or older
• Not attending school full-time or returning to school
• Opportunity to apply for $5000 grant
Northern Ontario Heritage Fund Corporation (NOHFC)
• Provides financial assistance in Northern Ontario to projects that stabilize, diversify and foster economic growth in the region.
• Grant programs
Canada Small Business Financing Program
• $1,000,000 loan maximum (no more than $350,000 to be used for equipment/leasehold improvements)
• Buy real property/equipment or leasehold improvements (not working capital)
• Financing available for up to 90% of eligible costs
• Apply at participating banks & credit unions
• While Industry Canada is responsible for the administration, financial institutions are responsible for all credit decisions and applications.
Note: Lenders are required to take security in the assets financed and may take an additional personal guarantee (maximum of 25%)
• Find out what funding is currently available from the Government of Ontario, if you’re eligible and what you need to apply.
Community Improvement Plan (CIP) - City of Elliot Lake
Business incentive programs, such as:
• Planning and design grant
• Building façade improvements
• Signage and lighting improvements, awnings and street numbering
• Landscaping and property improvements
• Upgrade to Building Code (structural improvements)
• Planning application fee and building permit fee grant
• Property tax increment grant
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Finding Employees
• Our team can connect you with candidates who match your hiring needs.
• We offer free job posting services and can assist you with government funding and assist you with apprenticeship programs.
• Our employment specialists will work with you to identify your company’s hiring needs.
• We have a growing pool of job-ready candidates with various backgrounds and skill levels to meet your immediate and long-term staffing requirements.
• We can also help with candidate screening and provide job trial options to ensure you hire the right candidate.
• We provide job coaching to ensure success for both you and your new employee.
• The development of job descriptions and training plans for new employees
• Job postings on community web sites and local job boards (confidential postings if requested)
• Referrals from a pool of qualified candidates
• Guidance in the development of interview procedures and questions
• Collecting and pre-screening résumés based on employer requirements
• Access to interview facilities at no charge
• Referral to appropriate funding sources that support training and apprenticeships
• Planning, hosting and/or conducting job fairs
• Find out how to take on an apprentice and how it benefits you as an employer.
Employment Ontario - Information for Employers
• Skilled Workers
• Ontario Labour Market Data & Trends
• Regional & Local Labour Market Info
• Business Investors
• Employment Legislation & Employment Standards
• Other Labour Market Resources
Temporary Foreign Worker Program
• Helps employers meet their labour needs
• Recruit Employees by posting a job
• Find recruitment and hiring advice
Workforce Data
Algoma Workforce Investment Corporation (AWIC)
• Your source for accessible, relevant and locally focused labour market analysis for the Algoma region.
Canadian Occupational Projections System (COPS)
• Employment and Social Development Canada (ESDC) uses the models of COPS and the National Occupational Classification (NOC, 2016 version)
• Projections of future trends in the numbers of job openings and job seekers by occupation at the national level.
• Identifying those occupations that may face labour shortage or labour surplus conditions over the medium term.
• The latest projections cover the 2022 to 2031 period.
Workplace Safety
Workplace Safety & Insurance Board (WSIB)
• Report an injury or exposure
•Submit claim documents
• Register your business for coverage
Workplace Hazardous Materials Information System (WHMIS)
• Canada’s requirements for the hazard classification and communication for workplace chemicals
• Legislation, signage, e-course, and more
Unemployment Services
Employment Insurance (EI) for Employers
• issue your records of employment (ROE)
• apply for a Labour Market Impact Assessment (LMIA) using the LMIA Online portal
• download the Supplemental Unemployment Benefit plan registration form
• view the Supplemental Unemployment Benefit program guide
• view the Employment Insurance (EI) Premium Reduction guide
• download the EI Premium Reduction application form
Supplemental Unemployment Benefit Program (SUB)
• Employers can use a SUB plan to increase their employees’ weekly earnings when they are unemployed
• Program designed to help employers and employees avoid layoffs when in temporary reduction
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• Buy and Sell Businesses or Farms
• Videos, Articles, and Resources to help with everything from Writing A Succession or Business Plan to Transitioning a Business.
• Connect with Professionals who can assist You throughout the transition with everything from Accounting to Finding Financing.
• Assistance from Economic Development Professionals who can give free advice.
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Check out our real estate page here.
Advice for Purchasing a Business
Guide to Buying a Business in Canada
Step-by-Step Guide to Making a Acquisiton
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Business Basics
Employment Insurance (EI) for Employers
Business Advisory Services
Elliot Lake & North Shore Corporation for Business Development (ELNOS)
East Algoma Community Futures Development Corporation (EACFDC)
Millworks Centre for Entrepreneurship
BDC - Bank for Canadian Entrepreneurs
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ELNOS - Elliot Lake & North Shore Corporation for Business Development
• ELNOS was established to stimulate economic growth through new & existing business development and investment.
• A key facilitator in the process of economic diversification in partnership with City Council, community and business leaders, and community-minded residents.
• Cultivating viable business opportunities to ensure the growth of sustainable revenue streams that improve the quality of life for community members
Blind River Development Corporation
• Carries out projects and activities that support economic development in the community.
Federal Economic Development Agency for Northern Ontario (FedNor)
• Delivers programming to create, maintain, an expand business growth
Ministry of Northern Development
• Promoting economic and community development in Northern Ontario with business support services, grants and loans.
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Equipment
Click here to check out the IT & Electronics section of our directory
• Benefit from our convenient at-home or in-office computer services. Additionally, we offer complimentary local pick-up and drop-off.
• Leveraging our extensive network of suppliers and vendors, we strive to optimize projects costs for you and your businesses.
• We adopt a proactive approach, prioritizing prevention over reaction to ensure optimal uptime and minimize frustrations.
Cybersecurity
• Provide guidance, training, policies, procedures, and governance in all facets of information technology and cybersecurity that affect SMEs across Canada.
• We help strengthen security postures in an increasingly hostile cyber threat landscape.
Website Design
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Federal Small Business Financing Program
• Get tools and information on what to consider before starting a business
The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. The maximum loan amount for a borrower is $1.15 million.
• Up to a maximum of $1,000,000 for term loans for any one borrower, of which no more than $500,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment and of that amount, a maximum of $150,000 could be used for intangible assets and working capital costs.
• Up to a maximum of $150,000 for lines of credit.
Financial institutions deliver the program and are solely responsible for approving the loan. For more information download their PDF pamphlet or click here to find a lender near you.• Learn how to register your business, apply for funding and tax credits, and get free help to start your business.
• Industry development programs, financing, and research
• Business taxes, financing, permits and regulations, intellectual property, business support and how to sell to government.
Federal Economic Development Agency for Northern Ontario (FedNor)
• Delivers programming to create, maintain, an expand business growth
Ministry of Northern Development
• Promoting economic and community development in Northern Ontario with business support services, grants and loans.
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• Tourism marketing organization for the District of Algoma
• Encourage the effective operation and development of the tourism industry throughout the area
North Channel Marine Tourism Council
• Not-for-profit organization that promotes tourism and marine related activities
Get in touch.
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