Innovation fund aimed at boosting northern entrepreneurs

Innovation fund aimed at boosting northern entrepreneurs

NORTH BAY — A brand new fund is offered to help promising, early-stage startups in North Bay.

The Entrepreneurship Innovation Fund, an initiative of Canadore College, has $300,000 at its disposal to “provoke, help, and leverage innovation and entrepreneurship in Northern Ontario.”

One of the eligibility necessities is that tasks embody the participation of Canadore college students and/or school and employees.

“This initiative supplies a chance to extend innovation and elevate sustainability in Northern Ontario communities whereas increasing inclusion, variety, and accessibility,” in response to a Canadore assertion.

“More particularly, the Entrepreneurship Innovation Fund supplies certified Canadore school, employees, and college students with one-time funding that enhances productiveness and innovation in Northern Ontario communities.”

To be thought-about, mission concepts must exhibit how the funding will speed up development or help innovation and sustainability in Northern Ontario. Applications should define how Canadore college students or employees will likely be concerned, together with a dedication to fostering neighborhood improvement.

Applications to the fund are being accepted now till Feb. 3 at 12 p.m.

The fund is an initiative of Canadore’s Entrepreneurship Academy, which was announced in 2021.

Described as the primary of its sort in Canada, the academy’s specialised enterprise programming is aimed at steering extra college students towards entrepreneurship.