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Enterprise Centre Sault Ste. Marie

NEWS

NEW ENTREPRENEUR PROGRAM TO CREATE JOBS ACROSS THE NORTH
McGuinty Government Initiatives Drive Business Growth

May 19, 2009
A new Northern Ontario Entrepreneur Program (NOEP) will fuel the entrepreneurial spirit that drives innovation, creates jobs and promotes economic growth throughout Northern Ontario.

The latest Northern Ontario Heritage Fund Corporation (NOHFC) program will encourage northern entrepreneurs and community builders to put their ideas for new business into action by providing up to $125,000 in conditional grant funding.

Additionally, the criteria of the NOHFC’s existing Enterprises North Job Creation Program and the Private Sector Emerging Technology Program are being significantly enhanced to better assist northern businesses.

In the case of these two programs, up to 50 per cent of NOHFC funding may now be in the form of a conditional grant.

QUOTES

“We are pleased to support entrepreneurs and the private sector in creating the enterprises and jobs that will promote economic development.”
- Monique Smith, MPP for Nipissing.

“By further expanding the NOHFC’s support for private sector job creation, we can drive business growth across Northern Ontario.”
- Michael Gravelle, Minister of Northern Development and Mines and Chair of the Northern Ontario Heritage Fund Corporation.

QUICK FACTS

  • Applications under NOEP funding are now being accepted.
  • Ontario’s recent budget added another $10 million to the NOHFC starting this fiscal year. The fund will reach $100 million per year by 2011-12.
  • In 2005, the McGuinty government restored the NOHFC’s original mandate of investing in both community development and private sector job creation. Six new programs were introduced at that time.

LEARN MORE
About the Northern Ontario Entrepreneur Program

Anne-Marie Flanagan, Minister’s Office, 416-327-0655
Michel Lavoie, NOHFC, 705-564-7125

www.ontario.ca/north-news

Disponible en français

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Enterprise Centre Sault Ste. Marie . . . Building Your Dreams!

Welcome to Enterprise Centre Sault Ste. Marie, your first step in planning and implementing your business ideas! Provided free of charge to clients are a tremendous number of easily accessible business information resources. These include pamphlets, information packages, comprehensive databases, an extensive resource library full of useful materials covering every area imaginable, business registration forms, and financing guides. Clients are strongly encouraged to take advantage of everything ECSSM has to offer!

One of the most important services we provide is private counseling to clients interested in more specific information. Experienced advisors provide a variety of services to clients during the counseling process. The services and the amount of detail vary with particular needs. However, staff are dedicated to providing as much information as possible to ensure client success, which includes continual feedback and regular communication between us and our clients. Some of the services provided by the consultants may include:

Simplifying the start up process for small business
Promoting proper business planning before business start up
Assisting with business plans, marketing, and management
Answering general questions about financial and legal elements of business
Improving the success rate of small businesses
Providing referrals where necessary and acting as a dependable liaison
Our office is located in the Civic Centre, 3rd Floor, and is open Monday to Friday, 8:30 to 4:30. However, should you need to make arrangements other than those hours we are always able to accommodate.

Are you an existing organization that does not fit into the above criteria? Visit Business SSM.

Sault Ste. Marie Economic Development Corporation
99 Foster Drive, Sault Ste. Marie, Ontario, Canada, P6A 5X6
Phone: (705) 759-5432   Toll-free: 1-800-565-4507
Fax: (705) 759-2185   General Email: info@ssmedc.ca
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