Province Helping Young Entrepreneur Open Convenience Store
McGuinty Government On The Side Of Northerners
SUDBURY - The McGuinty government is promoting the development of young entrepreneurs by investing in the opening of a convenience store in the community of Cache Bay, Northern Development and Mines Minister Rick Bartolucci announced today.
"Tomorrow's Northern Ontario will be built with the talents of young northerners," said Bartolucci, who also chairs the Northern Ontario Heritage Fund Corporation (NOHFC). "We are committed to giving our youth the opportunities they need to build the entrepreneurial experience and skills they need to succeed in business right here in the North."
The NOHFC is providing $25,000, through the Young Entrepreneur Program, towards the opening of a convenience variety store. Provincial funding will be used for site preparation.
"I really appreciate the support the NOHFC is offering," said Sarah Pitre, proprietor of the new enterprise. "If it wasn't for the NOHFC, it would be much more difficult for young business people to launch their own enterprises."
"We are on the side of northerners. That's why we are pleased to be investing in the North's future through this important program oriented to northern youth," said David Ramsay, Temiskaming-Cochrane MPP and Minister of Natural Resource. "Our commitment to developing a new generation of leaders will help ensure a brighter future for northern communities."
Other McGuinty government initiatives that are benefiting northern youth include:
• Future Entrepreneurs - a program that nurtures an entrepreneurial mindset and teaches skills to students in Grades 7 and 8
• The NOHFC's Northern Ontario Youth and Co-op Program that helps provide on-the-job training and experience to youth who will work in the North
• A provincial investment of $6.7 million in the Northern Ontario School of Medicine Bursary Fund.
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. Since 2003, investments in infrastructure, postsecondary education, research and innovation and key economic sectors have strengthened Ontario's economic advantage and continue to build opportunity.
Minister's Office - Sudbury
MNDM/NOHFC - Sudbury