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Northern Ontario Heritage Fund Corporation

Northern Ontario Heritage Fund Corporation

Sault Ste. Marie, Ontarionohfc.ca

Overview

The Northern Ontario Heritage Fund Corporation (NOHFC) is a Crown corporation and development agency of the Ministry of Northern Development and Mines in the Canadian province of Ontario. Its purpose is to provide funding and program support to foster economic development in the economically disadvantaged Northern Ontario region by providing financial assistance to projects that stabilize, diversify and foster economic growth in the region. The NOHFC concentrates on six key funding programs: job creation, technology research and development, infrastructure and community development, youth entrepreneurship, youth internship and cooperative education, and generation and conservation of renewable energy.

Year Founded

1988

Portfolio Companies

10

Website

nohfc.ca

Investments

Northern Ontario Heritage Fund Corporation investments
CompanyDateStageLead
Myomar MolecularMay 2026GrantCo-investor
BioNorth Solutions Inc.Mar 2026GrantCo-investor
Rna Diagnostics Inc.Feb 2026GrantCo-investor
RIINO Inc.Jan 2025GrantCo-investor
Verv TechnologiesFeb 2024GrantCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersSault Ste. Marie, Ontario
Year Founded1988

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