July 25, 2012, North Bay, ON - Nippising University recently announced it will receive $23,400 for its Biomass Innovation Centre from the federal government.
The funding was part of a FedNor investment of $1.9 million for northern initiatives.
The Biomass Innovation Centre at Nipissing University will benefit from a FedNor investment of $23,400 to develop a biomass strategy and road map for the region. The project aims to assess the current state of biomass developments and provide a targeted approach to the establishment of a vibrant biomass cluster in the Nipissing region.
The Honourable Tony Clement, Minister for FedNor, along with local MP Jay Aspin, announced funding for five initiatives that will support business development and trade, and help create jobs in the North Bay region.
“The Harper government is investing in initiatives that enhance business development and competitiveness, helping growth-oriented companies reach their full potential,” said Minister Clement. “Today’s announcement will not only create jobs to fuel the local economy, it will also pave the way for long-term growth and prosperity.”
“These investments demonstrate how our government is working with local organizations and businesses to capitalize on economic development opportunities and create jobs,” said Aspin, Member of Parliament for Nipissing—Timiskaming.
The investment is provided through FedNor’s Community Futures and Northern Ontario Development Programs, which support projects that strengthen community economic development, enhance business growth, and support innovation in the region.