There’s a helping hand for a program supporting entrepreneurs in the Thunder Bay area.
The Community Economic Development Commission’s Board of Directors is investing an extra $50,000 in the Entrepreneur Centre’s Starter Company Plus program.
CEDC officials say that will let ten more entrepreneurs go through the program with each receiving a $5,000 grant.
It’s meant to help create or expand sustainable businesses.
Starter Company Plus involves workshops around market research, labour and employment law, insurance, wealth management, and social media marketing.
CEDC Chief Executive Officer Eric Zakrewski says the investment comes at a “crucial time in Thunder Bay’s economic recovery” from COVID-19.
“As we move through the stages of reopening, now is the best time to invest in our business community,” Zakrewski says. “As many know, the pandemic has impacted small businesses and we must support these crucial, organic parts of our long-term local economy now more than ever.”
Over the last year, the Entrepreneur Centre received over 120 applications for the Starter Company Plus program.
Applications are currently open for the next round of programming until August 18, 2021, and those interested may apply by visiting the CEDC website.
