News Release

Thunder Bay Business Set To Expand To U.S. Market

August 06, 2009

McGuinty Government Helps Local Company Boost Economic Competitiveness

NEWS  

Ontario is helping Thunder Bay-based IDEAS Software and Training Inc. develop new business software for potential clients in the United States.

IDEAS Software and Training Inc develops and markets software to help landlords manage rental property. The company is currently creating a web-based version of its software to allow clients to track and manage their financial information online. This new version will be used to increase sales in Canada and expand into the American rental property market.

The government is supporting this program through the Northern Ontario Heritage Fund Corporation (NOHFC). This investment will strengthen the environment for innovation — part of the province’s five-point economic plan.

QUOTES

“Our government is proud to support Northern Ontario businesses and entrepreneurs who are developing new products to expand their operations into new markets.”
- Michael Gravelle, Minister of Northern Development, Mines and Forestry and Chair of the NOHFC

QUICK FACTS

• The province is providing $50,000 to this project through the NOHFC’s Emerging Technology Program.
• IDEAS Software and Training Inc. has been helping property managers throughout Canada, the United States and the United Kingdom since 1996.
• Ontario has a long history of world-class discoveries and innovation, including the development of the IMAX motion picture system, the first practical electron microscope, the first heart pacemaker and the Blackberry mobile communications device.
  

LEARN MORE

• About the NOHFC
• About Ontario’s Next Generation of Jobs Fund 
• About innovation in Ontario
  

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

ontario.ca/north-news

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