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.

Algoma Workforce Investment Corp. (AWIC)

AWIC.ca

Algoma Workforce Investment Corporation (AWIC) is a not-for-profit, community-centered organization. It is part of the 26 Workforce Planning Boards operating in the Province of Ontario, supported through funding from the Ministry of Labour, Immigration, Training, and Skills Development (MLITSD).

AWIC is a trusted community partner in Algoma, providing data and insight in support of a diverse and talented workforce that contributes to a prosperous community. Our work prepares Algoma’s communities for the workforce challenges and opportunities of today and the future.

AWIC Publishes the annual Dollars and Sense Guide which serves as a guide to employer training credits, incentives and support.

View the Dollars and Sense Guide

Millworks Centre for Entrepreneurship 

themillworks.ca

Founded in May 2016, Millworks - Centre for Entrepreneurship began a new approach to fully embrace the importance of supporting new and existing businesses in the community. With support through the City of Sault Ste. Marie, in conjunction with the Ministry of Ministry of Economic Development, Job Creation and Trade, along with the Ministry of Northern Development and Mines, a strong ecosystem of stakeholders and supporters has been created. This ecosystem has allowed Millworks to deliver programs and services to Sault Ste. Marie and the Algoma Region. 

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.