Young Kenora Entrepreneur To Launch New Venture
McGuinty Government On The Side Of Small Businesses and Entrepreneurs
SUDBURY - A McGuinty government program that helps young people in Northern Ontario develop their business skills and establish full-time enterprises in the North is enabling a Kenora entrepreneur to launch a new venture, Northern Development and Mines Minister Rick Bartolucci announced today.
"We're on the side of northern business, including small businesses and entrepreneurs," said Bartolucci. "That's why we're supporting young entrepreneurs who are helping mobilize a new generation of business leaders and community builders in the North."
Through its Young Entrepreneur Program, the Northern Ontario Heritage Fund Corporation (NOHFC) is providing $25,000 to Audrey Manzie toward the cost of buying equipment to manufacture and sell her original condiments and sauces, which are used in her Kenora bistro.
"It is a priority of our government to help create conditions whereby young northerners, and other young people who are attracted to the region, are able to build prosperous futures for themselves in Northern Ontario," said Bartolucci, who also chairs the NOHFC.
Other McGuinty government initiatives for entrepreneurs and small businesses include:
• Introducing a refundable apprenticeship training tax credit
• Starting to phase out the province's capital tax by introducing a five per cent tax rate cut in January 2007: two years earlier than originally planned
Today's investment is part of the government's Northern Prosperity Plan. It 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/NOHFC - Sudbury