Published on: 6/23/2014 8:58:27 AM Print | Font Sizes:  Normal Text Large Text

FedNor spreads the wealth

By: Northern Ontario Business staff

Northern and central Ontario businesses and organizations received a total of $185,000 in cheques from FedNor.

On the Water Designs, an aluminum dock builder in Kilworthy, near Orillia, received a “repayable contribution” of $85,000 to assist the company with product prototype and improvements to its manufacturing process.

FarmStart, a not-for-profit organization, received $47,473 to address an aging farm workforce by generating interest in agriculture with urban young people and immigrants through training, access to land, and other resources to get farm businesses off the ground.

The Hearst Economic Development Corporation is using $28,385 to determine the feasibility of establishing a cooperative agri-food processing plant in the area.

This initiative is considered a priority item Hearst’s strategic plan. The project will help identify opportunities and potential markets, prepare a business case, and consult with regional agri-food industry stakeholders to determine how best to meet their needs.

In North Bay, Direction Ontario, a francophone tourism association, is getting $25,000 to promote Northern Ontario as a motorcycling destination to the Quebec and Francophone markets.

Chamber of commerce folks in the Great Northwest have taken possession of $22,500 to do an in-depth study on how to build a robust regional mining supply sector.

Northwestern Ontario Associated Chambers of Commerce (NOACC) is partnering with the Thunder Bay Community Economic Development Commission to analyze successful business models across Canada and assess the financial viability of a regional industry association.

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