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Some good financial news is coming for the Business Centre Nipissing Parry Sound.
On Monday, the provincial government announced it is investing an additional $50,000 towards the Business Centre Nipissing Parry Sound on top of its base funding allocation of $159,500 for the 2024 year, for a total allocation of $209,500.
“Our local Small Business Enterprise Centre offers entrepreneurs all the tools they need to start and grow their businesses,” said MPP Vic Fedeli in a release.
“This additional funding will allow our local business centre to expand services such as business consultations, seminars, workshops, mentorship and training, as well as micro-grants through the Summer Company and Starter Company Plus programs.”
Jennifer Nickerson, manager of the Business Centre Nipissing Parry Sound is thrilled to receive the additional support. She says it will be utilized to further reach students and new entrepreneurs through the Centre's Starter Company Plus Program and Summer Company Program.
"These programs have proven to provide valuable training, resources, connections, and mentorship to participants and help to ensure the small business owners are set up for success," said Nickerson in a release.
"Participants represent a wide variety of industries, but all have a common desire to launch or grow a viable business that contributes to our local communities. The additional grant funds will allow our centre to accept more entrepreneurs into our programs and enhance the training and mentorship our centre provides."
Nickerson adds that several of the participants from our Summer Company Program have continued their business operations throughout their time in school and after graduation, turned their businesses into full-time ventures.
"Over the years, many of our Starter Company Plus participants have experienced growth, hired local talent, collaborated with other program participants, and have become mentors and role models for our newer entrepreneurs," she said.
"These programs are truly a great place to start for an individual planning to operate their own small business. The Business Centre Nipissing Parry Sound is proud to be a member of the Small Business Centres of Ontario network and we work closely with all 47 centres to ensure we are offering quality programming, timely resources and relevant advisory services for those seeking information and support when starting a business."
There is a network of 47 Small Business Enterprise Centres (SBECs) across Ontario that operate in collaboration with municipalities and regional partners, to support small businesses, typically with fewer than 10 employees.
