Province Funds New Tourism Business
Young Entrepreneur Making Waves In Sioux Lookout
SUDBURY - A young entrepreneur is bringing new recreational and eco-tourism services to Sioux Lookout with the help of an investment from the Northern Ontario Heritage Fund Corporation (NOHFC), Minister of Northern Development and Mines Rick Bartolucci announced today.
"We are pleased to be helping many talented young entrepreneurs start their own business and build careers in the North," said Bartolucci. "Nurturing youth entrepreneurship is an integral part of our strategy for ensuring the future prosperity we want to bring to our region."
The NOHFC is providing $25,000 to Goldwater Expeditions to start a kayak rental and wilderness adventure business. Funding will be used to purchase kayaks, paddles, and personal flotation devices. Funding will also be used toward the acquisition of transportation equipment.
"This project is a prime example of the type of entrepreneurial undertaking our government supports and encourages in the North," said Bartolucci who is also chair of the NOHFC. "This new business will draw visitors and residents who seek northern wilderness experiences, while at the same time contributing to the local economy."
This is just one more example of how, working together, Ontarians have achieved results in the North. Other examples include:
- Providing $8,200 to Lake St. Joe Adventures in the Sioux Lookout area to purchase and install a solar power system.
- Investing $2,035 to help Donnelly's Minnitaki Lodge purchase and install an 80-watt solar system.
Today's initiative 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.