April 12, 2013 - Ontario is helping to build a stronger, more diverse northern economy by making it easier for entrepreneurs to use technology to develop and manufacture products in Thunder Bay.
With support from the provinceâ€™s Northern Ontario Heritage Fund Corporation (NOHFC), the Northwestern Ontario Innovation Centre (NOIC) is establishing an Advanced Manufacturing and Development Lab to support business innovation in the region.
In partnership with local company Kam Valley Industries, NOIC is acquiring prototyping and manufacturing equipment that will support local innovators and create more high-tech manufacturing opportunities in the area.
Investing in business development is an important part of the Ontario governmentâ€™s Growth Plan for Northern Ontario. A strong northern economy will help create a fair society and give the people of Ontario more opportunities for jobs and economic prosperity.
â€œThe global economy is increasingly competitive and Ontario businesses need to be innovative. I am very pleased that the NOHFC is working with the Northwestern Ontario Innovation Centre to help northern enterprises develop their products and services to compete in todayâ€™s marketplace.â€ â€” Michael Gravelle, MPP Thunder Bay-Superior North, Minister of Northern Development and Mines and Chair of the NOHFC
"I know that Thunder Bay and Northern Ontario can compete on the world stage. In an increasingly global economy, we must be adapting on a regular basis. I'm thankful our Northern Ontario Heritage Fund continues to support our local entrepreneurs to create jobs and help strengthen our local economy.â€ â€” Bill Mauro, MPP for Thunder Bay-Atikokan
"The NWO Innovation Centre is excited about the opportunity to enhance the advanced manufacturing capacity in our region and provide support and services to for businesses and entrepreneurs as they develop new innovative products." â€” Judy Sander, Manager, Northwestern Ontario Innovation Centre
Ontario is providing $500,000 to this project through NOHFCâ€™s Emerging Technology Program.
Since 2005, the Emerging Technology Program has invested more than $170 million in 260 projects that have helped create about 1,600 jobs across Northern Ontario.
Northwestern Ontario Innovation Centre
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