Driving business growth through exporting: Celebrating the successes of the Northern Ontario Exports Program

  • 📰 sudburydotcom
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 89%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The Northern Ontario Exports Program provides resources, financial assistance, and targeted training to help export-ready small and medium enterprises from Northern Ontario kick open the doors to new markets

Northern Ontario has seen substantial economic growth over the years, and one element contributing to this success is the Northern Ontario Exports Program .

Since its inception, NOEP has funded over 200 Northern Ontario-headquartered companies selling products and services ranging from battery electric mining vehicles to medical devices. It has provided $3.92 million in grants that have induced these companies to invest more than $9 million in new business development activities. This support has allowed businesses to connect with new customers on six continents, creating over 1,000 jobs for communities across Northern Ontario.

When launched in 2011, the program focused on helping Northern Ontario’s world-class mining supply sector reduce its dependency on local clients. While the program quickly evolved to support the global ambitions of entrepreneurs in diverse trading sectors, the program has continued to play an important role in building Northern Ontario’s competitive advantage in global mining markets.

However, resource gaps, labour shortages, and logistical issues are challenges that northern businesses face daily. To overcome these barriers and improve competitiveness on the global stage, NOEP also supports companies to invest in strengthening their teams and operations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Driving business growth through exporting: Celebrating the successes of the Northern Ontario Exports ProgramThe Northern Ontario Exports Program provides resources, financial assistance, and targeted training to help export-ready small and medium enterprises from Northern Ontario kick open the doors to new markets
Source: tbnewswatch - 🏆 75. / 51 Read more »

Driving business growth through exporting: Celebrating the successes of the Northern Ontario Exports ProgramThe Northern Ontario Exports Program provides resources, financial assistance, and targeted training to help export-ready small and medium enterprises from Northern Ontario kick open the doors to new markets
Source: SooToday - 🏆 8. / 85 Read more »

Ontario providing funds to junior mining companies in Northern OntarioFunding will create jobs that will help mines discover materials needed for electric vehicles.
Source: tbnewswatch - 🏆 75. / 51 Read more »