Northern Ontario Heritage Fund Corporation
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.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Verv Technologies | Feb 2024 | Grant | Co-investor |
| BioNorth Solutions Inc. | Mar 2026 | Grant | Co-investor |
| Rna Diagnostics Inc. | Feb 2026 | Grant | Co-investor |
| TimeHero | Oct 2017 | Grant | Co-investor |
| Myomar Molecular | May 2026 | Grant | Co-investor |
For institutional investors. Book with your work email.
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Northern Ontario Heritage Fund Corporation based?
Northern Ontario Heritage Fund Corporation is headquartered in Sault Ste. Marie, Ontario, Canada.
When was Northern Ontario Heritage Fund Corporation founded?
Northern Ontario Heritage Fund Corporation was founded in 1988.
How many portfolio companies does Northern Ontario Heritage Fund Corporation have?
Northern Ontario Heritage Fund Corporation has 12 portfolio companies in Caplight's dataset.
What are some companies in Northern Ontario Heritage Fund Corporation's portfolio?
Portfolio companies visible on Caplight include Verv Technologies, BioNorth Solutions Inc., Rna Diagnostics Inc., TimeHero, Myomar Molecular.
What was Northern Ontario Heritage Fund Corporation's most recent investment shown here?
Northern Ontario Heritage Fund Corporation's most recent investment in this portfolio sample was in Myomar Molecular in 2026.
What sectors does Northern Ontario Heritage Fund Corporation focus on?
Northern Ontario Heritage Fund Corporation focuses on Consumer & Commerce, Healthcare & Life Sciences, Enterprise Software, Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Energy & Sustainability, Enterprise Software, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech.
What company stages does Northern Ontario Heritage Fund Corporation focus on?
Northern Ontario Heritage Fund Corporation typically invests at the MultiStage stage.
What is Northern Ontario Heritage Fund Corporation's AUM?
Northern Ontario Heritage Fund Corporation's assets under management are estimated between $250.0M and $500.0M.