About The Money Project
Our Mission
The Money Project North is a charitable initiative dedicated to advancing education, supporting entrepreneurship, and helping individuals build economic self-sufficiency in North Bay and surrounding communities.
We exist to make sure good ideas don't die for lack of support. We believe North Bay has talented, hardworking people who face real barriers to getting started — and we're here to help them take the first step.
Why We Exist
Getting started is hard enough. But for a lot of people in Northern Ontario, the first wall they hit isn't motivation or ideas — it's money, and the networks to access it.
Banks want track records. Government programs have complicated requirements and long timelines. And if you don't have connections or a mentor who's been through it, you can end up stuck before you've even started.
That's the gap we're here to close. Every loan comes from The Money Project's private fund. When it's repaid, it goes straight to the next person. No fundraising cycles, no board approvals, no red tape. Local money, moving through local hands, building something real.
"Good ideas shouldn't die because someone couldn't get access to a small amount of capital at the right moment."
— The Money Project North
Who We Support
The Money Project North supports aspiring entrepreneurs and individuals facing barriers to accessing traditional financing as they pursue self-employment or start-up ventures in North Bay and surrounding communities.
We focus on individuals at the earliest stages of their entrepreneurial journey, including those developing a business idea or launching a new venture.
Support is intended to help participants build economic self-sufficiency and access opportunities that may otherwise be unavailable to them.
You may be a good fit if:
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You're an aspiring entrepreneur developing an idea or launching a new venture
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Your venture creates a real benefit for the North Bay community
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You're based in North Bay or the District of Nipissing
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You're working toward self-employment and economic self-sufficiency
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You face barriers to accessing financing from a bank or other traditional lender
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You're open to mentorship and honest feedback
Funding and Support
The Money Project North may provide grants, interest-free loans, mentorship, and practical guidance to eligible participants.
Financial assistance is tailored to individual circumstances and is intended to help participants overcome barriers to starting or developing sustainable livelihoods.
Where appropriate, recipients may also receive guidance regarding government programs and community resources.
Grants & Interest-Free Loans
Mentorship & Strategic Guidance
Financial Literacy & Education
Local Network Access
Grants & Government Programs
Why We're Different
No bureaucracy
Every application reviewed personally
Genuinely local
Built as a bridge
How We're Funded
The Money Project North is a privately funded charitable initiative — no complicated structures, no strings. When loans are repaid, that money goes directly into new loans for the next person. Local money, recycled within the community, for as long as it keeps going.
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