Kenora Entrepreneurs To Computerize Wood Sign Business
McGuinty Government On The Side Of Northerners
SUDBURY - Two Kenora entrepreneurs are branching out from a family business through a McGuinty government program that helps young people in Northern Ontario start their own full-time business ventures, Northern Development and Mines Minister Rick Bartolucci announced today.
"We want to encourage bright, motivated young people to stay in or move to the North," said Bartolucci. "That's why we're helping young entrepreneurs get their businesses off the ground, and gain the skills and experience they need to contribute to the leadership and prosperity of their communities."
Through its Young Entrepreneur Program, the Northern Ontario Heritage Fund Corporation (NOHFC) is providing $25,000 to Jakob and Eli Blosser of Timber Signs toward the cost of buying equipment to computerize the carving of commercial wood signs.
"We're fortunate to have been trained in wood carving by our father," Jakob Blosser said. "Now, thanks to this contribution from the NOHFC, we're able to merge this skill with modern production methods to create our own business and continue the lifestyle we grew up with here in the Kenora area."
"Our government recognizes that access to start-up financing is just one of the barriers faced by young entrepreneurs," said Bartolucci, who also chairs the NOHFC. "We're working to increase the recognition of entrepreneurship as a viable career option, and to increase awareness and access to programs and services for young entrepreneurs."
Other McGuinty government initiatives for young people include:
• Summer Company - Hands-on business training and mentoring with awards of up to $3,000 to help start up and run a summer business;
• Future Entrepreneurs - A program that introduces an entrepreneurial mind-set and skills to students in Grades 7 and 8;
• Northern Ontario Youth Internship and Co-op Program - An NOHFC program that helps provide on-the-job training and experience to youth in Northern Ontario.
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