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    Contact Us

    Norfolk County
    Economic Development
    30 Peel Street, Simcoe, Ontario N3Y 1R9
    Phone: 519-426-9497
    Fax: 519-426-9689
    Toll Free: 1-800-699-9038

    Green Energy Hub

    As the global economy moves towards “green” practices, Norfolk County recognizes that this is an opportunity to become a leader by supporting innovation and green initiatives.

    Bioindustrial R&D and its commercialization is a government priority in Ontario and several targeted programs are available to innovative companies, including:

    Technology Development Fund: a $4.5 million a year program aimed at speeding the development of pre-commercial energy technologies.

    Innovation Demonstration Fund: a four-year, $50 million program focused on commercialization and initial technical demonstration of globally competitive, innovative green technologies, processes and/or products.

    Ontario Emerging Technologies Fund: a $250 million fund that co-invests with qualified venture capital funds and other private investors directly into companies working in clean technologies.

    Feed-inTariff Program: North America's first comprehensive guaranteed pricing structure for renewable electricity production. It offers stable prices under long-term contracts for energy generated from renewable sources, including: biomass and biogas.

    Ontario's R&D tax incentive program is widely recognized as one of the most generous in the world. When tax credits are factored in, $100 in R&D expenditures can be reduced to approximately $56 – and less than $37 for small businesses. A broader range of costs qualify for deductions than in many jurisdictions, and tax credits can be carried back for 3 years or forward for 20 years.

    Industry can also access millions of dollars in research money through federal and provincial programs that include: the Natural Sciences and Engineering Research Council of Canada (NSERC), the Canada Foundation for Innovation (CFI) and the Ontario Research Fund.