Investing in youth entrepreneurship

The McGuinty Government announced today that they are investing in youth entrepreneurship in Nipissing.

MPP Monique Smith says the program gives youth in Nipissing opportunities to develop essential business skills.

Full details contained in the news release below.


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The Government of Ontario is providing $162,674 through the Youth Entrepreneurship Partnerships initiative, to help foster a culture of entrepreneurship amongst youth in Nipissing, Monique Smith MPP for Nipissing announced today on behalf of Harinder Takhar, Minister of Small Business and Entrepreneurship.

“Youth Entrepreneurship Partnerships provides Ontario’s young people with the opportunities to develop the critical business and life skills that are so important to their future prosperity,” said Smith. “It’s important that our young people learn these skills early in life, so they will be ready to lead our businesses on the world stage and drive Ontario’s economy forward for years to come.”

Youth Entrepreneurship Partnerships is a program that provides funding to non-profit organizations to support programs that promote the development of entrepreneurial skills to youths. Fourteen projects representing $1,597,000 in funding have been selected in the second round of proposals.
Details of local funding are as follows:

- Nibisiing Secondary School

Nibissing Secondary School “Company” Program

Program aims to facilitate the development of an enterprising spirit among Aboriginal youth by giving them a series of educational and entrepreneurial opportunities involving Elders and offered in both English and Ojibwe
$39,600

- The Business Centre - Nipissing Parry Sound

Business Centre in a Box

The applicant will develop a comprehensive toolkit, DVD, lesson plans and website designed to encourage youth to consider a career in entrepreneurship that will be distributed to 12 secondary school business class teachers in the Nipissing and Parry Sound Area
$123,074

This second round of Youth Entrepreneurship Partnerships represents the largest amount of funding provided to non-profit organizations through the grant line. In June 2006, $673,000 was awarded to six successful associations in the first round of the Partnership project.
For more information on the Ministry of Small Business and Entrepreneurship’s Youth Entrepreneurship Partnerships and other youth programs, visit:http://www.sbe.gov.on.ca/ontcan/sbe/en/youth_main_en.jsp

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