THUNDER BAY – The Northwestern Ontario Innovation Centre is getting new assets to help foster entrepreneurship in Thunder Bay. The Ontario Government is helping to build a stronger, more diverse northern economy by making it easier for entrepreneurs to use technology to develop and manufacture products in Thunder Bay.
With support from the province’s Northern Ontario Heritage Fund Corporation (NOHFC), the Northwestern Ontario Innovation Centre (NOIC) will establish an Advanced Manufacturing and Development Lab to support business innovation in the region.
Northwest Innovation Centre – Entrepreneurship Central
In partnership with local company Kam Valley Industries, NOIC is acquiring prototyping and manufacturing equipment that will support local innovators and create more high-tech manufacturing opportunities in the area.
Investing in business development is an important part of the Ontario government’s Growth Plan for Northern Ontario. A strong northern economy will help create a fair society and give the people of Ontario more opportunities for jobs and economic prosperity.
“The global economy is increasingly competitive and Ontario businesses need to be innovative. I am very pleased that the NOHFC is working with the Northwestern Ontario Innovation Centre to help northern enterprises develop their products and services to compete in today’s marketplace,” commented Michael Gravelle, Minister of Northern Development and Mines and Chair of the NOHFC.
Bill Mauro, MPP for Thunder Bay-Atikokan said, “I know that Thunder Bay and Northern Ontario can compete on the world stage. In an increasingly global economy, we must be adapting on a regular basis. I’m thankful our Northern Ontario Heritage Fund continues to support our local entrepreneurs to create jobs and help strengthen our local economy.”
“The NWO Innovation Centre is excited about the opportunity to enhance the advanced manufacturing capacity in our region and provide support and services to for businesses and entrepreneurs as they develop new innovative products,” commented Judy Sander, Manager, Northwestern Ontario Innovation Centre