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Feds earmark funds for Sault innovation

The Sault Ste. Marie Innovation Centre will use $762,000 in federal funding to help small and medium-sized businesses brush up on their digital technology expertise.
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The Sault Ste. Marie Innovation Centre has received $762,000 in federal funding to help small and medium-sized businesses. (FILE PHOTO)

The Sault Ste. Marie Innovation Centre will use $762,000 in federal funding to help small and medium-sized businesses brush up on their digital technology expertise.

Of the total, $452,000 will be used to deliver the Broadband E-business and Marketing program. Through the program, the SSMIC will assist eligible small and medium-sized enterprises to develop their digital skills and incorporate e-business technologies into their operations.

With the remaining $310,000, the innovation centre will deliver the Innovation Accelerator Program to help qualified high-tech enterprises in the region with innovative business and product development activities, such as market research, e-commerce and promotion, and lean production implementation.

“We are excited about the positive results that these initiatives will generate with the support of FedNor and the Government of Canada,” said Tom Vair, the centre’s executive director, in a news release. “There is pent up demand for these programs that will help companies take advantage of e-business solutions to remain current and prosper in today’s global economy.”