District businesses land funds
Ontario is supporting two Rainy River District businesses with dollars from the Northern Ontario Heritage Fund Corp.
Rainy River Cereal, a wild-rice cereal company based out of Nigigoonsiminikaaning First Nation, has received $47,000 to continue marketing and developing its product.
“Launching a new business can be a daunting challenge, especially for new entrepreneurs,” said Northern Development and Mines minister Rick Bartolucci, who also chairs the NOHFC.
“Our support is helping to put the dream of business ownership within the reach of many northerners and encouraging a new generation to build their future close to home,” he added.
Investing in northern businesses is an important part of the McGuinty government’s Growth Plan for Northern Ontario.
Since their introduction, the NOHFC’s Northern Ontario Young Entrepreneur and Northern Ontario Entrepreneur programs have supported the launch of 464 and 376 businesses, respectively.