A local organization tailored to fostering innovation has received a federal boost to launch entrepreneur-driven initiatives.
QuinteVation chair, Ryan Williams, told a gathering here Thursday the freshly minted organization will be receiving $125,000 through the Northumberland CFDC’s allocation from the Eastern Ontario Development Program.
“We think we have some great solutions in which to start seeing more innovation, more of a diversified economy in this area, so we can start seeing more youthful jobs,” Williams said.
He’s looking to supplement the government supports with another $100,000 in private sponsorship. “We’re actively talking to partners right now.”
The initiatives are championed in conjunction with Startup Bay of Quinte, a new branch of Startup Canada which overseas more than 25 startup communities across Canada.
QuinteVation, in partnership with Lennox and Addington County, will be hosting a Startup Canada pitch session in Napanee on May 3.
“This is a 10-city series across Ontario,” Williams said. “Six regional entrepreneurs will pitch their business ideas to a panel of judges to win a cash prize.”
Loyalist College is jumping on board to host a Startup weekend for high school students on June 3 and 4.
“Over the course of a weekend, students will take ideas and make a prototype that they will demonstrate to an audience,” he said. “It’s an opportunity for budding entrepreneurs to find co-founders, mentors and momentum for their ideas.”
The Williams-led organization will also pilot the RevUp Accelerator program, in June which…
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