Province Helps Young Entrepreneurs Launch Local Business
McGuinty Government On The Side of Northerners
SUDBURY - The Ontario government is helping two young entrepreneurs launch a baby and children's retail furniture business in Sudbury, Northern Development and Mines Minister Rick Bartolucci announced today.
"We are pleased to be helping innovative young northerners develop new business opportunities in the North," said Bartolucci, who is also chair of the Northern Ontario Heritage Fund Corporation (NOHFC). "Investing in our creative and talented young entrepreneurs demonstrates our commitment to building solid economic foundations for the North's future."
The NOHFC will provide $22,668, through its Young Entrepreneur Program, to help open a baby and children's furnishing store. Funding will be used to purchase equipment and store fixtures and for location upgrades.
"We appreciate the financial assistance from the Northern Ontario Heritage Fund," said store co-owners Jana Schryer and Paolo Pasutto. "We now have the opportunity to grow a business that will fill a consumer need in Sudbury."
"The Young Entrepreneur Program is making important investments targeted at retaining youth in the North," said Bartolucci. "Helping develop new opportunities for the next generation of northerners to build their careers in the North is critical to the long-term future and economic prosperity of northern communities."
This initiative is just one way the McGuinty government is supporting northern youth. Others include:
• Investing nearly $7.7 million to date, from the NOHFC, to provide internships and work placements to help some 433 young northerners launch their careers in the North
• Mobilizing our Northern Development Councils to tackle the issue of youth out-migration from the North
• Opening the first Northern Ontario School of Medicine to help alleviate the doctor shortage.
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