Three New Businesses In Northwestern Ontario
February 23, 2010 11:00 AM
McGuinty Government Supports Young Entrepreneurs
New small businesses, run by young entrepreneurs, are up and running, creating seven private sector jobs in three Northwestern Ontario communities.
Ontario's Young Entrepreneur Program is supporting:
Ontario's Young Entrepreneur Program is supporting:
- DC Productions and Music Studio - a recording studio in Kenora offering production services, instruction and promotion of local bands
- TY-GR Construction - a construction and renovation business in Fort Frances focusing on residential, cottage and commercial buildings
- Precision Auto Body - an auto repair and body shop launched in Sioux Lookout.
Quick Facts
- The NOHFC is providing $25,000 to each of these projects under its Young Entrepreneur Program, which helps northern residents aged 18 to 29 start their own for-profit business in the North.
- Forty per cent of new Ontario businesses are started by young people aged 25-34, and 16 per cent by youth under 25.
- Since 2005, the NOHFC has invested nearly $6.6 million in the start-up of some 290 businesses by young entrepreneurs in Northern Ontario.
Learn More
Contacts
- Joanne Ghiz
Minister's Office
416-328-3638
joanne.ghiz@ontario.ca - Michel Lavoie
Communications Services Branch
705-564-7125
michel.lavoie@ontario.ca
Ministry of Northern Development and Mines
ontario.ca/north