Handful of businesses splitting $2.1 million investment
Five businesses and one film production are getting some funding through the Northern Ontario Heritage Fund.
The $2.1 million investment will create 19 new jobs and promote economic growth in the Nipissing region, according to the Ontario government.
“As we continue to navigate COVID-19 and the effects on the economy, our government is committed to strengthening the local manufacturing, film and forestry businesses,” said Nipissing MPP Vic Fedeli. “These investments will support job growth within the Nipissing region.”
The money is going toward:
- Advanced Carbon Engineered Solutions Inc. is receiving $600,350 to expand and diversify the business by moving to a larger facility and purchasing additional equipment and technology to increase its production capabilities.
- FPInnovations is receiving $525,600 to support its scientific and technical staff in connecting with forest sector businesses to help attract investment, grow skilled employment and achieve tangible economic impacts in northern and Indigenous communities.
- JoBro Productions Inc. is receiving $500,000 to produce a crime-thriller feature film entitled Delia’s Gone, filmed in the North Bay area.
- Mark and Peter Kunkel Farms is receiving $338,235 to expand and modernize its current farm operation by building a new barn and purchasing additional equipment.
- Drillers Edge Inc. is receiving $85,084 to purchase new equipment, renovate and add security and monitoring systems to its facility.
- SafeSight Exploration Inc. is receiving $65,171 to build two prototypes of a mine rescue drone for underground mining operations, allowing mining companies to assess gas/air quality and thermal conditions quickly.