Phone: 705.848.0229

Fax: 705.848.1539

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Business Development Assistance Program

The Business Development Assistance Program provides existing and potential business with access to forgivable loans of up to $10,000 to allow them to explore new business opportunities.  This could include: feasibility studies, business plan development, operational reviews, and consultant services.

Recipients of Business Development Assistance will need to be able to clearly demonstrate how the proposed activity will benefit their existing business, or what key element of their new business idea is to be addressed.  ELNOS staff may be able to help identify the specific activities or resources required to achieve the desired result, but the applicant must identify the desired outcome.

Individuals interested in this fund should have a clear vision of what business goal they hope to accomplish through the funded activity, with supporting documentation where appropriate, prior to their initial meeting with ELNOS staff.

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