Canada investment to support local businesses and up to 675 jobs throughout Greater Sudbury

first_imgCanada investment to support local businesses and up to 675 jobs throughout Greater Sudbury From: FedNorPaul Lefebvre, Member of Parliament for Sudbury, and Marc G. Serré, Member of Parliament for Nickel Belt, today announced the Government of Canada is investing $960,000 to support the ongoing operations of the Nickel Basin Federal Development Corporation (Nickel Basin) for a three-year period. As result of this investment, Nickel Basin will assist approximately 60 businesses with start-up, maintenance and expansion efforts, which are expected to help create and maintain up to 675 local jobs.December 17, 2020 – Sudbury, ON – Federal Economic Development Initiative for Northern Ontario – FedNorAcross the country, the Government of Canada is helping businesses start and scale-up, while investing in families and communities to strengthen the economy. In Greater Sudbury, through FedNor, the federal government is working hard to provide businesses and entrepreneurs with access to the tools and resources they need to succeed, create local jobs and support regional recovery efforts.Paul Lefebvre, Member of Parliament for Sudbury, and Marc G. Serré, Member of Parliament for Nickel Belt, today announced the Government of Canada is investing $960,000 to support the ongoing operations of the Nickel Basin Federal Development Corporation (Nickel Basin) for a three-year period. As result of this investment, Nickel Basin will assist approximately 60 businesses with start-up, maintenance and expansion efforts, which are expected to help create and maintain up to 675 local jobs.For more than 20 years, Nickel Basin has been helping local entrepreneurs start or expand their businesses, create local jobs and support a stronger more diversified economy. Based in Sudbury, Nickel Basin provides a full range of business development services, including access to capital, mentoring, information and referrals. To accelerate the growth of scalable technology start-ups, the organization also administers the Sudbury Catalyst Fund, which makes equity investments in start-up companies in key sectors including clean tech, biomed and advanced manufacturing.Today’s announcement is further proof of the Government of Canada’s commitment to Canadian businesses – helping them to overcome the challenges posed by COVID-19. Initiatives like this will help get Canadians back to work safely and ensure that small businesses, which are the backbone of the Canadian economy, can play a major role in Canada’s economic recovery.Quotes“Strong local economies rely upon the prosperity and growth of local businesses and entrepreneurs. In these uncertain times, we want Canadian businesses to know that we have their back. We will help our business and community partners adapt to the quickly evolving social and economic realities, and support their efforts to strengthen Northern Ontario’s economy and create good jobs for Ontarians.”– The Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for FedNor“The Government of Canada has a phased plan for a robust, lasting recovery that supports families and businesses in Greater Sudbury and across the country. Through FedNor, we are working at the speed of business to kick-start the economy, create jobs and provide businesses with access to the resources they need to not only survive, but thrive as our economy recovers from the impact of COVID-19.”– Paul Lefebvre, Member of Parliament for Sudbury“I’m thrilled that today’s announcement will allow Nickel Basin to provide ongoing support to Nickel Belt – Greater Sudbury’s business community. This strategic investment will support recovery efforts, generate business opportunities and attract private-sector investment and good-paying jobs to the region. Targeted, carefully thought-out investments just like this one are one of the many ways we are supporting local business and positioning our economy to come roaring back, stronger than ever before.”– Marc G. Serré, Member of Parliament for Nickel Belt“We are proud to partner with the Government of Canada through FedNor to support local businesses, create jobs and help maximize the economic potential of the Greater Sudbury region. As we recover from the impacts of COVID-19, Nickel Basin is also stepping-up efforts to support our recovery by helping businesses stay afloat, keep their doors open and overcome challenges caused by the pandemic.” – Paul Reid, Chair, Nickel Basin Federal Development CorporationQuick factsThe funding announced today is provided through FedNor’s Northern Ontario Development Program, which supports projects that promote sustainable community economic development, create jobs, enhance business development and growth, and facilitate innovation.The Nickel Basin Federal Development Corporation is a not-for-profit organization with a mandate to administer a community loan fund and provide business counselling services to support the development and growth of local small and medium-sized enterprises in Greater Sudbury.Since its inception in September 2000, Nickel Basin has authorized business loans totaling more than $40 million, while helping to create and maintain nearly 5,000 jobs. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:advanced manufacturing, business, Canada, community, covid-19, Economic Development, entrepreneurs, federal government, Government, innovation, Investment, Minister, parliament, resources, sustainable, technologylast_img read more

Win a Trip to Germany, Entry to the Tour TransAlp from Sigma Sport

first_imgPRESS RELEASE: SIGMA USA is proud to announce a contest where one lucky rider can win an all expense paid trip to Germany and entrance into the Tour TransAlp. The Tour TransAlp is one of the toughest and most grueling bike races for amateur riders; 7 stages and approximately 20,000 vertical meters of climbing. If you have what it takes to participate, let us know why you should win the coveted spot on team US SIGMA ROX.Please submit a photo that shows why you deserve the trip and spot on team US SIGMA ROX. If you are physically fit and ready for the adventure of a lifetime, submit your photo for consideration. If a picture is worth a thousand words, make sure yours tells a great story! We look forward to your entry.Visit www.sigma-transalp.com to submit your photo. Entry deadline is March 15th, 2010.Want to provide even more information about yourself, visit us on Facebook and tell us why you deserve to win the trip to participate in the Tour TransAlp. (Photo submission is still required at www.sigma-transalp.com)The Tour TransAlp takes place from June 27th-July 3rd, 2010. Check out http://www.tourtransalp.de/englisch/ for additional race information.last_img read more

Trans-Pennine ETCS procurement begins

first_imgUK: Network Rail has begun the process of appointing a contractor to supply and maintain ETCS Level 2 for the line between Stalybridge near Manchester and Cottingley near Leeds as part of the Trans-Pennine Route Upgrade Programme. The selected contractor would be expected to maintain the ETCS equipment over its anticipated 30-year service life, and would be responsible for upgrading GSM-R systems and providing maintenance during a two-year defects and liability period. The ETCS is required to integrate with other civil works, track and railway system enhancements on the route. These are being designed by the Transpire alliance of BAM Nuttall, Amey and Arup under the West of Leeds Alliance contract awarded in April 2017. Interlockings and trackside equipment would be provided by other suppliers, with the exception of balises and signage which would be included in the ETCS contract. The contract may also include provision for Automatic Train Operation at Grade of Automation 2, with trains starting and stopping automatically under the supervision of a driver. The infrastructure manager envisages inviting four bidders to tender for the contract, which is estimated to be worth between £180·5m and £210·5m. Requests to participate are to be submitted by September 12, with invitations to tender expected to follow by the end of October. Strategic outcomes The Department for Transport’s ‘high level strategic outcome’s for the Trans-Pennine Route Upgrade Programme require the line to support a Leeds – Manchester Victoria journey time of 44 min with one stop and a York – Manchester Victoria journey time of 67 min with two stops; 92% of trains must arrive at four key stations within 5 min of the scheduled time. The route must have the capacity to accommodate inter-city trains comprising eight 24 m long vehicles and local services formed of up to six 24 m vehicles. The Trans-Pennine route was last year designated as a priority project for NR’s digital railway strategy by then Secretary of State for Transport Chris Grayling.last_img read more