Regional Initiatives


Head Start in Business

Head Start in Business has been a driving force in entrepreneurship awareness and initiation for the past 15 years. Over 20,000 youth have participated in our innovative and experiential programs making entrepreneurship more accessible and realistic as a viable career option.


Northeast Community Network

The Northeast Community Network is an incorporated, regional, not-for-profit organization that promotes collaborative economic development, applied research and support for forestry, mining, agriculture and tourism as well as business development. Integrating municipalities, First Nations, local economic development organizations and the private sector, the Network undertakes regional projects that help transform the economic landscape of Northeastern Ontario.



Innovation, Science and Economic Development Canada 

Innovation, Science and Economic Development Canada works with Canadians in all areas of the economy and in all parts of the country to improve conditions for investment, enhance Canada's innovation performance, increase Canada's share of global trade and build a fair, efficient and competitive marketplace.


Federal Economic Development Initiative for Northern and Rural Ontario (FEDNOR)

FedNor is the Government of Canada’s economic development organization for Northern Ontario. Through its programs and services, and through its financial support of projects that lead to job creation and economic growth, FedNor works with businesses and community partners to build a stronger Northern Ontario.

Canada Business and Industry

Resources and information to help Canadians get their businesses going and growing.


Community Futures Ontario

Community Futures Ontario (formerly the Ontario Association for Community Futures Development Corporations Inc.) represents 61 Community Futures Development Corporations (CFDCs) - 37 in southern Ontario and 24 in the north - that offer free business counselling, loans for start-up and expansion of small business, strategic planning on local projects and community economic development in rural areas. CFDCs provide flexible, repayable loans to small and medium sized businesses and are locally managed by a volunteer Board of Directors and funded with federal government support.

Community Futures Ontario recognizes Lecours Motor Sales as 2018 Entrepreneur of the Year.


Lecours Motor Sales, co-owned by Jean and Patrick Lecours, along with their company partner and co-owner of their HiRail productions and shipping, Sylvain Couture is located in Hearst, Ontario – with a second location in Kapuskasing.  This Ford dealership and HiRail supplier has expanded their business and combined their operations, now working out of one building as a fixed-operation. Their improved efficiency has led to an increase in stability and sales, making their operations the envy of many dealerships across Canada.


Congratulations Lecours Motor Sales and thank you to the Nord-Aski Regional Economic Development Corporation for nominating them!



Northern Ontario Heritage Fund Corporation (NOHFC)

The Northern Ontario Heritage Fund Corporation (NOHFC) is a crown corporation and development agency of the Ontario government that invests in northern businesses and municipalities through conditional contributions, forgivable performance loans, incentive term loans and loan guarantees. 



North Eastern Ontario Communications Network Inc. (NEOnet), a not-for-profit organization that is proudly supported by FedNor, was established in 1999 and has since acted as the region’s information and communication technology (ICT) champion. The organization has a mandate to promote and develop the three pillars of the ICT sector:

  • Infrastructure Enhancement

  • Education and Awareness

  • Application


Far North East Training Board (FNETB)
The Far North East Training Board (FNETB) promotes workforce development so that workers are available to meet the needs of the local labour market.


The Town of Hearst
The Hearst Economic Development department is mandated by the Town of Hearst to oversee local economic development. Its mission is to facilitate the growth of local businesses, to offer support to individual and collective entrepreneurship and too actively promote the Town of Hearst attractiveness in order to entice new businesses.

The Township of Hornepayne
The Hornepayne Economic Development Corporation is a not for profit organization established in order to aid in promoting and implementing economic development within the Northern Ontario community of Hornepayne.


Constance Lake First Nation

The primary responsibility of the Economic Development Program is the delivery of programs and services to band members and local businesses as well as organizations. Constance Lake First Nation understands that its future as a self-governing and self-determining community requires that it position itself advantage of economic opportunities within the community and throughout Constance Lake First Nation traditional territory.

The Municipality of Mattice-Val Côté

Situated at the junction of TransCanada Highway 11, of the Ontario Northland railway and the Missinaïbi River, half-way between Toronto and Winnipeg, Mattice – Val Côté is an Ontario French community with a residential vocation where it is good to live.


Business Development Bank of Canada
The only bank devoted exclusively to entrepreneurs. (Financing, venture capital, growth & transition capital and consulting services