Elliot Lake and North Shore Corporation for Business Development (ELNOS)

The Elliot Lake and North Shore Corporation for Business Development (ELNOS) was established to stimulate economic growth through new business development and investment. ELNOS helps advance business development by providing creative and flexible solutions to those looking to start or expand a business.

Visit the ELNOS website for details.

East Algoma Community Futures Development Corporation (CFDC)

The East Algoma Community Futures Development Corporation (CFDC) is a federally supported not-for-profit Community Futures Development Corporation. Governed by a Board of local volunteers, EACFDC supports community economic development by assisting East Algoma communities and entrepreneurs and offering help with Financing and Loans. They also offer business counselling.

For more information, visit the East Algoma CFDC website.

Northern Ontario Heritage Fund Corporation (NOHFC)

The Northern Ontario Heritage Fund Corporation (NOHFC) is a Government of Ontario initiative to create job opportunities in northern communities. The corporation provides financial assistance to projects that stabilize, diversify and foster the economic growth and diversification of the region.

The NOHFC is chaired by the Minister of Northern Development and Mines. For more information, visit the NOHFC website, call 705-848-5969 or email the Ministry of Northern Development and Mines.

The Elliot Lake and District Chamber of Commerce advocates for local businesses and works on behalf of its members to ensure that:

• A healthy business climate exists, where companies can stay, grow and expand
• Local public policy is business friendly
• The local business community can communicate their ideas, views and concerns
• The attitude is positive, regional based and focused on prosperity
• Partnerships are formed to achieve similar goals, so that the business environment keeps moving forward

For more information, visit the Chamber's website.

The Ontario government is making it easier to start and grow a business with the launch of the new Ontario.ca/business website. The website is one of the initiatives being implemented as part of the Fewer Fees, Better Services Act, which received Royal Assent on March 3, 2022, and builds on successive efforts to cut red tape and reduce unnecessary regulatory burdens for businesses.

This new resource is the first step towards creating a single window for business that will reduce administrative burdens and make it easier for Ontario business owners and entrepreneurs to access the information and services they need to get up-and-running, create jobs, and grow their business.