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Province bookends region with funding for small businesses


Northern Ontario Heritage funding dropped into Kenora and North Bay.

The provincial government delivered more than $1.4 million in funding this week for small businesses in the Kenora and the North Bay area to purchase equipment, for new construction and to start up.

On Oct. 15, the government announced more than $1.2 million from the Northern Ontario Heritage Fund for seven businesses in the North Bay area. The province said this funding will create 33 jobs.

$400,000 for Fabrene Inc. of North Bay, a manufacturer and supplier of high-quality plastic products, to purchase new equipment and improve its infrastructure.

$200,000 for Eagle Eye Drilling Services Inc. of North Bay, a drilling contractor that specializes in longhole drilling services for the underground mining sector, to purchase drills and other equipment. The company will create 14 full-time jobs.

$199,950 for Eastep Family Farms, a meat goat farming operation, to purchase equipment and set up the farm. The operation will create one part-time and three full-time jobs.

$175,922 for the Finch Beach Resort of North Bay to build a winterized artist studio, renovate four cabins and a shed, and purchase new furniture and appliances. According to the province, two part-time jobs will be created.

$160,316 for Canor Construction Inc. of North Bay, a landscaping, demolition, construction and residential and commercial waste removal service, to establish a waste processing and recycling centre in North Bay. The company will created seven full-time jobs.

$101,004 for North Bay Plastic Molders Ltd, a plastic injecting molding service, to purchase new equipment. The company will create five full-time jobs and one part-time job.

$14,400 to the Municipality of East Ferris, near North Bay, to support the planning phase of its new industrial park development.

On Oct. 14, the province delivered $200,000 to establish Kenora Bed ‘n’ Bale Inc., a new agri-tourism vacation spot in the City of Kenora.

Kenora Bed ‘n’ Bale Inc. is a 15-acre farm adjacent to Rabbit Lake and within walking distance of Kenora’s downtown. The site features space for recreational vehicles, rustic cabins and rental campers and horse pens. Some of the resort activities include a homestead tour, yoga with farm animals and fishing and hiking.

source tbnewswatch

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