The province is helping attract entrepreneurs to North Bay.
MPP Vic Fedeli says $56,000 is coming to the city through Ontario’s Rural Economic Development Program (RED).
Fedeli says the program supports projects that diversify and grow local economies, build community capacity and address barriers to economic development and labour force challenges.
“The RED program is a demonstration of our government’s dedication to rural Ontario, as well as an example of how we are ensuring that the right tools and programming are in place to support continued growth and prosperity in rural, small towns and Indigenous communities,” says Fedeli.
Mayor Peter Chirico says the funding will help create an environment where newcomers to North Bay can succeed and thrive.
“Our Economic Development Department is pleased to be partnering with local organizations, including the North Bay & District Chamber of Commerce and Multicultural Centre along with The Business Centre Nipissing Parry Sound in developing Newcomer Entrepreneurship Programming,” says Mayor Chirico. “I would like to thank MPP Fedeli and the Ontario government for their ongoing support through initiatives like the Rural Economic Development Program.”
Officials say the program provides cost-share funding support towards activities that create strong rural communities.
This includes funding assistance to build local capacity and improve job prospects.
