The federal government has provided $466,492 for projects to attract private sector investment, support innovation, and promote business and youth initiatives.
The city’s Economic Development Corporation has received $150,000 to develop an investment attraction strategy, targeting small and medium-sized businesses within the information and communication technology (ICT) and digital gaming sectors to expand business and employment opportunities.
An additional $35,000 will be used to assess the feasibility of establishing an ICT hub and shared data services facility in the city.
The Sault Ste. Marie Airport Development Corporation received $75,000 to hire a consultant to draft a business and land use plan to identify economic development opportunities that will drive the corporation’s strategic direction for the next five to 10 years.
The Invasive Species Centre received $31,500 to hire a youth intern for a one-year period to create a communications strategy, develop a database of invasive species information, and assist with making the information accessible through social media and web-based tools.
Insightworks Learning and Development received $154,992 to upgrade its software program to provide organizations and individuals with customized learning and development solutions, while Veracity Asset Management Group received $20,000 to hire a youth intern for a one-year period to assist with marketing and business development by researching new opportunities to grow its operations.