The Step Forward Entrepreneurs Program (SFEP)

The Step Forward Entrepreneurs Program (SFEP) provides for-profit innovative companies with non-repayable funding to support projects that promote business growth and market expansion and are critical for the development and commercialization of new innovations.
  • The Innovation Initiatives Ontario North
Overview of the The Step Forward Entrepreneurs Program (SFEP) program:

The Step Forward Entrepreneurs Program (SFEP) is designed to support innovative startups and small businesses in Northern Ontario. The program provides early-stage entrepreneurs with the resources and guidance necessary to bring their business ideas to life and scale their operations. Through a combination of funding, mentorship, and business development support, SFEP aims to foster the growth of high-potential businesses in the region.

Benefits of the The Step Forward Entrepreneurs Program (SFEP) program:
  • The SFEP supports projects in three categories:
  • Market Growth & Expansion
  • Product Development
  • Productivity Enhancement
Eligibility criteria of the The Step Forward Entrepreneurs Program (SFEP) program:
  • Innovative, growth-oriented for-profit companies who have under $5 million in annual revenue
  • Companies registered and operating in one of IION's service districts: Nipissing, Timiskaming, Parry Sound or Muskoka
  • Companies must have a business model and strategy that validates forecasted sales and employment growth
  • Companies seeking assistance for developing, commercializing, or scaling their innovative product, process or service that has the potential to increase revenue and employment
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Program Information
Program Name:
The Step Forward Entrepreneurs Program (SFEP)
Ministry / Organization:
The Innovation Initiatives Ontario North
Program Status:
CLOSED
Deadline:
2025-09-30
Eligible Industries:
ALL
Eligible Regions:
Ontario

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