New business receives NOHFC funds

Jul 28, 2009- 1:17 PM

By: Sudbury Northern Life

A new business called Green Power Solutions received a $25,000 grant from the Northern Ontario Heritage Fund (NOHFC).

Green Power Solutions Inc. is a supplier and installer of sustainable power systems designed for residential, recreational and commercial facilities. The funding will be used to help purchase equipment and machinery.

The funding was was provided through the NOHFC's Young Entrepreneur Program, which aims to mobilize and sustain a new generation of community builders and entrepreneurs in Northern Ontario, according to a release.

“This investment points to the McGuinty government’s commitment to green technology and the economy,” said Sudbury MPP Rick Bartolucci, who made the announcement, in the release.

“By assisting a young entrepreneur with the start up of this business our government is helping to provide opportunities for Northern youth, and diversify our local economy in a way that also promotes environmental sustainability.”

Since its inception in 2005, the NOHFC’s Young Entrepreneur Program has provided almost $700,000 to Greater Sudbury entrepreneurs, resulting in the start up of more than 30 local businesses.

“I am proud of the work our government has done over the years to support young entrepreneurs and their businesses in Greater Sudbury,” concluded Bartolucci. “I am happy to say that the efforts taken by our government through the Young Entrepreneur program has resulted in the creation of over 50 jobs.”  

Read More: Home > Sudbury News

Reader's Feedback

Editor’s Note:

NorthernLife.ca may contain content submitted by readers, usually in the form of article comments. All reader comments and any opinions, advice, statements or other information contained in any messages posted or transmitted by any third party are the responsibility of the author of that message and not of NorthernLife.ca. The fact that a particular message is posted on or transmitted using this web site does not mean that NorthernLife.ca has endorsed that message in any way or verified the accuracy, completeness or usefulness of any message. We encourage visitors to NorthernLife.ca to report any objectionable content by using the "report abuse" link found in the comments section of this web site.

0 Comments

FacebookTwitterRSSVideophotoNewsletterMobile