Primary Navigation
Media Resources
Did You Know?
- There are more than 300 lakes within the Greater Sudbury watershed.
News Release
Young Northerners Going Into Businesses
July 30, 2009
Close Window
Northern Ontario Heritage Fund Corporation is supporting four new companies owned by young Thunder Bay area entrepreneurs. Northern Development, Mines and Forestry Minister Michael Gravelle (back row, left) made the announcement accompanied by Thunder Bay Community Economic Development Commission CEO Steve Demmings (back row, right) and (left to right) The Village Smith owner George Guenther, and Boreal Journeys Sled Dog Kennel partners Paul Amano and Andrena Toth.
McGuinty Government Supports Youth Ventures in Thunder Bay Region
NEWS
Ontario investments continue to grow small businesses and create private sector jobs in the Thunder Bay area.
The Northern Ontario Heritage Fund Corporation (NOHFC) is supporting four new companies owned by young Thunder Bay area entrepreneurs. They include:
- Streak of Green - an environmentally-friendly hair salon using natural, organic products.
- Transitions Hair Salon - a hair styling and aesthetics business.
- The Village Smith - a specialty jewellery manufacturing business.
- Boreal Journeys Sled Dog Kennel - a tourism enterprise.
“By supporting young entrepreneurs we are helping mobilize a new generation of business leaders and community builders in Thunder Bay and across Northwestern Ontario.”
- Michael Gravelle, Minister of Northern Development, Mines and Forestry and chair of the NOHFC
“Small businesses are vital to the economy of many northern communities and these investments are boosting Thunder Bay’s diversification efforts and helping build careers for our young people.”
- Bill Mauro, MPP for Thunder Bay-Atikokan.
QUICK FACTS
- The NOHFC’s Young Entrepreneur Program provides up to $25,000 to northern residents aged 18 to 29 to start their own for-profit business in the North.
- Since 2005, the NOHFC has invested nearly $824,000 in the start-up of some 39 businesses in Thunder Bay and area.
- Read about the NOHFC’s programs
Michel Lavoie, Communications Branch, 705-564-7125
ontario.ca/north-news
141, NOHFC;940358;940312;940263;940240;YEP
