Sudbury Young Entrepreneur Launches business
McGuinty Government On the Side of Young Northerners Who Want to Start Small Businesses
SUDBURY - The Ontario government is supporting small business development in Sudbury by investing in the start-up of a new aesthetics business, Northern Development and Mines Minister Rick Bartolucci announced today.
"We're on the side of small businesses, which are the mainstay of the economy of many northern communities," said Bartolucci. "By investing in projects such as this one, we are helping diversify the local economy and create employment for our young people."
The Northern Ontario Heritage Fund Corporation (NOHFC), through its Young Entrepreneur Program, is providing $9,148 to Fresh Image, an aesthetics services business for women. This investment will help the owner-operator undertake building renovations and purchase equipment.
"Our government recognizes that young people are one of the North's most precious resources," said Bartolucci. "We are committed to ensuring the future prosperity of Northern Ontario by helping them build careers in our great region."
"I am very pleased that the Northern Ontario Heritage Fund could support my business project," said Kathy Pisani, owner-operator of Fresh Image. "This provincial investment is an invaluable tool for young entrepreneurs wishing to launch a business."
Other McGuinty government initiatives for Ontario business include:
• Encouraging strong job creation with almost 230,000 net new jobs since October 2003.
• Phasing out the province's capital tax by introducing a five per cent tax rate cut in January 2007.
This NOHFC project is part of the government's Northern Prosperity Plan for building stronger northern communities. The Northern Prosperity Plan has four pillars: Strengthening the North and its Communities; Listening to and Serving Northerners Better; Competing Globally; and Providing Opportunities for All.
Minister's Office - Sudbury
MNDM - Sudbury