Northern Ontario Heritage Fund Corporation

About Us The Northern Ontario Heritage Fund Corporation (NOHFC) was established in 1988 with a mandate to promote and stimulate economic development initiatives in Northern Ontario by providing financial assistance to projects that stabilize, diversify and foster economic growth in the region. The NOHFC is an operational service agency established under the enabling legislation of the Northern Ontario Heritage Fund Act. The NOHFC has an appointed Board of Directors, chaired by the [Minister of Northern Development](https://www.mndm.gov.on.ca/en). NOHFC’s objectives are set out in the Northern Ontario Heritage Fund Act as follows: (a) to advise and make recommendations to the Lieutenant Governor in Council on any matter relating to the growth and diversification of the economy of Northern Ontario; (b) to promote and stimulate economic initiatives in Northern Ontario; and (c) to commission studies and enter into contracts in connection with the objects set out in clauses (a) and (b) above. The NOHFC provides economic development funding toward approved projects in the territorial districts of Northern Ontario, namely Algoma, Cochrane, Kenora, Manitoulin, Nipissing, Parry Sound, Rainy River, Sudbury, Thunder Bay and Timiskaming. Vision NOHFC will be a catalyst for key strategic investments to stimulate economic development and diversification in Northern Ontario. Mission To partner with communities, businesses, entrepreneurs and youth across Northern Ontario to create jobs and strengthen the economy. Who We Serve For the NOHFC, Northern Ontario is defined as all areas North of, and including, the districts of Parry Sound and Nipissing.