Province Puts Young Entrepreneur On Business Path
Company Will Help Small Manufacturers Use Automation
SUDBURY - The Ontario government is nurturing youth entrepreneurship in the North by helping establish a communications, automation and energy systems services business in Hearst, Northern Development and Mines Minister Rick Bartolucci announced today.
"We are delighted to see ambitious young entrepreneurs use their expertise in new technologies to help revitalize the northern economy," said Bartolucci. "By creating new opportunities for our young people, we are helping to keep the North competitive and prosperous."
The Northern Ontario Heritage Fund Corporation (NOHFC) is providing $25,000 through its Young Entrepreneur Program to help Industrial Control Systems purchase equipment to launch their business. It will design and install computerized systems that provide solutions in the fields of industrial communication networks, automation and energy systems. These products and services will allow smaller manufacturing companies to benefit from the automated production systems and power monitoring and control systems typically found in larger manufacturing environments.
"The Young Entrepreneur Program has helped many northern youth create new business opportunities in a variety of niches," said Bartolucci, who also chairs the NOHFC. "Young northerners hold the key to a bright and prosperous future for the region."
This is just one more example of how, working together, Ontarians have achieved results in the North. Other examples include:
- Providing $5,700 from the Northern Communities Investment Readiness initiative to develop a comprehensive inventory of industrial and commercial properties in the Hearst area
- Providing $877,985 to the Town of Hearst to upgrade the Claude Larose Recreation Centre.
These initiatives are 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.