Young Northerners Launch Businesses In Sault Ste. Marie
McGuinty Government Boosting Local Economy, Creating Jobs
Ontario investments continue to grow small businesses and create private sector jobs in the Sault Ste Marie area.
The Northern Ontario Heritage Fund Corporation (NOHFC) is supporting three new companies owned by young entrepreneurs. They include:
- Unlock the Wild Inc. - a business offering hunting, fishing, hiking and eco-tourism adventures;
- JL Contractors - a general contracting operation;
- Alpine Construction - a year-round commercial property maintenance company.
These new businesses are expected to create about four new jobs.
This initiative is part of the government's five-year Open Ontario plan to create jobs and economic opportunities in Northern Ontario.
- The NOHFC is providing $25,000 to each of these projects under its Young Entrepreneur Program, which helps northern residents aged 18 to 29 start their own for-profit business in the North.
- Since 2005, the NOHFC has invested more than $6.7 million in the start-up of 293 businesses by young entrepreneurs in Northern Ontario.
“I congratulate these young entrepreneurs for bringing their specialized services and launching their new businesses in Sault Ste. Marie. The Northern Ontario Heritage Fund continues to help our young people transform business ideas into reality.”
“Small businesses are vital to the economy of many northern communities. Our government is committed to helping provide the resources to help young northerners take on the exciting challenge of launching a new enterprise in Northern Ontario.”