Young Entrepreneur Opens New Business In Hearst
McGuinty Government On The Side Of Northern Prosperity
SUDBURY -- The Ontario government is helping grow new northern businesses driven by young entrepreneurs by investing in the start-up of Street Beat Customs and Sound in Hearst, Northern Development and Mines Minister Rick Bartolucci announced today.
"Street Beat, and the many other new ventures in which we are investing, exemplify what talented young northerners can accomplish," said Bartolucci. "The McGuinty government is on the side of northern prosperity. That's why we're helping the many hard working and dedicated young entrepreneurs that are tapping the vast array of opportunities available in the North."
Through its Young Entrepreneurship Program, which provides funding for business start-ups by young northerners, the Northern Ontario Heritage Fund Corporation (NOHFC) will contribute $5,397 to Street Beat Customs and Sound for equipment and set up costs. The business will sell automotive accessories for cars, trucks and motorcycles and will also carry restoration parts and a range of custom sound equipment for automobile audio systems.
"I am extremely pleased to have the support of the Ontario government as I begin this new business venture," said Danny Blanchett, owner of Street Beat Customs and Sound.
"The McGuinty government reoriented the Northern Ontario Heritage Fund with a view to specifically help get businesses like Street Beat Customs and Sound rolling," said Bartolucci, who also chairs the NOHFC. "As young entrepreneurs learn about and tap into this exciting new program, more and more opportunities for business and job creation will emerge."
This initiative is just one way the McGuinty government is promoting northern prosperity by supporting youth in their quest to prosper in the North. Others include:
• Providing work experience for northern youth through an internship and co-op placement program.
• Bringing back grants for students who need help the most, including 60,000 students who are getting grants this coming year.
• Creating 75,000 more opportunities in postsecondary education for qualified students throughout the province.
These initiatives are 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.
MNDM - Sudbury
MNDM - Sudbury