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Province funds start-up capital for small businesses

By: Sudbury Northern Life Staff

 | Dec 12, 2013 - 9:49 AM |
The provincial government has invested more than $267,000 to help five small business ventures in Sudbury.

“The vast majority of the Ontario economy consists of small and medium businesses,” said Sudbury MPP Rick Bartolucci. “Investing in these local entrepreneurs helps to create jobs and diversifies our economy.”

Through the Northern Ontario Heritage Fund (NOHFC) the government has provided $44,928 to assist Dr. Yannick Charette, Dr. Simon Cote and Dr. Christopher Nizzero to establish a family medical practice in the south-end Walmart.

The provincial government has also set aside $60,850 to establish Gluten Free Galore, a local retail business that will offer gluten-free goods.

Krew Contracting received $49,746 to acquire tools and equipment.

The NOHFC gave Spotlight Dance Company, $45,000 to get off the ground.

Finally, Queen’s Cakes & Creative Art Classes, a retail baked goods business with café and baking classes, received $21,319.

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