Sault Ste. Marie offers a wealth of competitive advantages designed to attract and retain new business. In addition to Government incentives in such areas as technology, innovation, training, site acquisition, infrastructure and manufacturing, new business ventures may also enjoy financial incentives, a low cost of doing business, efficient transportation, utility and other logistics. Updated zoning bylaws also improve local development and allow appropriate zoning to accommodate new businesses – just another way we’re helping to diversify the local economy.
Invest Sault Ste. Marie has expertise in accessing the many government funding programs available to qualifying businesses for establishing, relocating or expanding operations.
One of its roles is to work with entrepreneurs and multi-national businesses to access the appropriate funding programs, which include:
- Invest Ontario – Incentive Programs
- FedNor – Industry Canada
- Northern Ontario Heritage Fund Corporation (NOHFC)
- Ministry of Economic Development, Job Creation and Trade
- National Research Council (NRC-IRAP)
- Human Resources Services Development Corporation (HRSDC) and Service Canada
- Government of Canada Programs & Programs – Business Benefits Finder
The City of Sault Ste. Marie can also help businesses access a variety of unique community funding programs such as the Economic Development Fund (EDF), and Downtown Financial Incentive Program.
For more information on incentive and funding programs, contact our team at invest@cityssm.on.ca.
Training
Sault Ste. Marie offers a variety of training and skills programs, through Sault College, Algoma University and other institutions such as the Transport Training Centres of Canada.
Municipal Programs
Economic Growth Community Improvement Plan The purpose of the Economic Growth Grant Program is to help diversify the local economy and stimulate job growth by
Municipal Programs
Invest Sault Ste. Marie and the City of Sault Ste. Marie can also help businesses access a variety of unique community funding programs such as the Economic Development Fund (EDF), Economic Growth Grant Program and Downtown Financial Incentive Program.
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Provincial Programs
The Province of Ontario has a number of funding opportunities available to new or existing businesses. We can help your firm access these funds to locate in Sault Ste. Marie or grow your existing business here. Many funds are only available in Northern Ontario, therefore doing business here in Sault Ste. Marie makes even more financial sense!
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Federal Programs
Canada represents a very competitive business environment for companies to locate and access the North American marketplace. The Government of Canada offers a number of funding and grant programs to assist businesses in growth and development. Below are just some of the available programs accessible:
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Jobs Programs
Companies currently operating or setting up in Sault Ste. Marie have access to numerous job creation and job incentive and job funding programs. Below are some of those available to you.
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Training
Sault Ste. Marie offers a variety of training and skills programs, through Sault College, Algoma University and other institutions such as the Transport Training Centres of Canada.
Read More…