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Entrepreneur Centre kicks off the Starter Company Program

Event date: Wednesday, September 17, 2014, at 11:00 AM

Wednesday, Sept. 17 - The Thunder Bay & District Entrepreneur Centre today officially launched the Thunder Bay edition of the provincial Starter Company program, which offers a number of supports to young entrepreneurs looking to start up or expand their businesses.

Starter Company is aimed at entrepreneurs aged 18-29, and offers training sessions and mentorships with local and established business owners to participants.

“Thunder Bay’s entrepreneurs are a vital part of our City’s business community,” said Mayor Keith Hobbs. “They play a key role in our economy, and the development of Thunder Bay, through their hard work and dedication to their businesses. They’re job creators. They’re innovators. As Mayor, I’m very happy to see them supported through this exciting new program.”

Starter Company participants will also be able to apply for up to a $5,000 grant to help them launch or expand their business.

“Entrepreneurship is incredibly rewarding, but it’s also a challenge,” said Stacia Kean, Development Officer - Thunder Bay & District Entrepreneur Centre. “Starter Company will help participating young entrepreneurs start off on the right foot as they either launch their own businesses, or expand their operations.”

The Starter Company program was announced in April by the Ontario Ministry of Economic Development, Employment and Infrastructure as part of the Ontario Youth Jobs Strategy.

“Starter Company represents an exciting opportunity for Ontario’s young entrepreneurs,” said John Guerard, Regional Economic Development Branch Manager, Ministry of Northern Development and Mines. “This program will help participants reach their goal of owning and operating a successful business, and through that, help the Ontario economy grow. We’re very pleased to see so many Thunder Bay entrepreneurs taking part in this program, and we wish them all the best.”
 
Contact: Stacia Kean – Development officer, EC at skean@thunderbay.ca or  (807) 625-3972

About CEDC:
The CEDC is responsible for business development, retention and expansion, entrepreneurial support, opportunity promotion, and the collection and assessment of key business data. The CEDC receives formal proposals for projects that will contribute to economic development. It responds quickly to new opportunities and initiatives to attract direct financial involvement from government and private sectors. For more information, visit www.ThunderBayCEDC.ca

About the Thunder Bay & District Entrepreneur Centre (EC)
The Thunder Bay & District Entrepreneur Centre is funded through a partnership between the Province of Ontario and the City of Thunder Bay. We exist to offer free and confidential small business counselling services to both new and existing small businesses.

Our services vary from providing information on various business topics to one-on-one consultation with a Small Business Counsellor.

Visit our website for more information: www.EntrepreneurCentre.ca