Wednesday, May 20, 2009

Entrepreneur Program Unveiled

2009-05-20

07:46:29

The Ministry of Northern Development has created a new entrepreneur program.

The Ministry's offering up to $125,000 thousand to help residents further their business ideas.

Minister Michael Gravelle says there's no age-limit to participate.

"The age limit was a real barrier to a number of people," says Gravelle, "particularly those people who are facing layoffs as a result of the forestry sector challenges, who had really great ideas. They just need support. They couldn't get the financial support from a bank or financial institution, but through the Northern Ontario Heritage Fund now they can."

Gravelle says Northern residents can apply for funding immediately through the Ministry of Northern Development website.