Nohfc is the Northern Ontario Heritage Fund Corporation, established in 1988 with a clear mandate to promote and stimulate economic development in Northern Ontario. They achieve this by providing financial assistance to projects that contribute to stabilizing, diversifying, and fostering economic growth in the region. As an operational service agency, Nohfc has an appointed Board of Directors, chaired by the Minister of Northern Development.

Their objectives include advising and making recommendations on matters related to the economy, promoting economic initiatives, and commissioning studies to support their goals. Nohfc offers a range of programs and themes that support businesses, communities, individuals, and cultural endeavors in Northern Ontario. These programs encompass various streams like business supports, community enhancement, people and talent, and cultural supports.

They aim to support projects in areas such as investment, innovation, workforce development, rural enhancement, community events, and film and television. The programs are aligned with current government priorities to ensure investments meet the unique needs of Northern Ontario. Nohfc's overarching vision is to be a catalyst for strategic investments that stimulate economic development and diversification in the region.

Their mission is to work in partnership with communities, businesses, entrepreneurs, and youth to create jobs and strengthen the economy. Through their renewed programs, Nohfc aims to make it easier for more people and businesses to apply, support more projects in rural northern communities, target existing and emerging markets, provide work opportunities for Indigenous people, and help grow a skilled workforce. They are committed to being accessible, fiscally responsible, coordinated and scalable, and effective in their efforts.

With their comprehensive programs and commitment to economic development, Nohfc plays a vital role in driving growth and prosperity in Northern Ontario