Four Sudbury entrepreneurs have received funding through the Northern Ontario Heritage Fund Corp. (NOHFC) to help them start up new businesses.
A total of $100,000 was allotted through the Young Entrepreneur Program, which provides up to $25,000 to Northern residents, aged 18 to 29, to start their own for-profit business in the North.
“Young entrepreneurs are essential to growing Sudbury’s economy,” Sudbury MPP Rick Bartolucci said in a news release. “Our government understands that, and through our support, their businesses will contribute to local growth, job creation and prosperity.”
Successful businesses, which each received $25,000, include graphic design and photography business Design De Plume, the New Wave Laser Inc. laser and acupuncture therapy clinic, letterpress business Papillion Press, and a company owned by Dana Woods that will specialize in custom saddles using a patented stabilizer.
Since 2005, the NOHFC’s Young Entrepreneur Program has invested over $930,000 to help with the launch of over 40 new businesses in Greater Sudbury.
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