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Community Futures DevelopmentGovernment of Canada

Friday, 02 December 2016 11:33

Launch Lab Inc. Receives Eastern Ontario Development Program Support

Through the Eastern Ontario Development Program’s Business Development projects stream, the GCFDC is pleased to provide Launch Lab Inc. with an investment of $27,000. This funding will support the Business Acceleration Program in Grenville which involves business acceleration consultation services and workshops delivered in Grenville by Launch Lab Inc.’s Entrepreneurs-In-Residence to local businesses and entrepreneurs.

The Eastern Ontario Development Program (EODP) advances economic development in rural Eastern Ontario. Through EODP, the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) is collaborating with Community Futures Development Corporations (CFDCs) in Eastern Ontario to promote the growth of new and existing businesses in rural communities.

Quick Facts

  • As part of the Regional Innovation Centre network, Launch Lab Inc. is a team of entrepreneurs, investors, ex-CEO’s, and professional analysts who assist entrepreneurs in the commercialization of innovations to help build globally competitive companies in Eastern Ontario.
  • GCFDC is one of the 15 Community Futures Development Corporations
  • The Eastern Ontario Development Program is a $48-million economic development initiative focused on addressing economic challenges in Eastern Ontario and taking advantage of innovative opportunities in the region.

Quotes

“This investment in Launch Lab and the Grenville Business Acceleration Project is an investment that supports Grenville County entrepreneurs and is designed to drive prosperity and job creation throughout the region.”

Sally Litz, Chair, Grenville Community Futures Development Corporation

“We want Canada to be a country known for its world-leading clusters and partnerships and a place where business leaders help nurture and grow local business communities. Investments in projects like Launch Lab do exactly that.  Thank you to the Grenville CFDC for supporting the development of this innovative project.”

The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and the Minister Responsible for FedDev Ontario

“We are excited to be partnered with the Grenville CFDC to bring our one-on-one mentorship program to businesses across Grenville county. With additional support from the United Counties of Leeds and Grenville Economic Development Department and the Municipality of North Grenville, we are committed to helping expedite the growth of local employment and believe our business advisory program is a strong fit to help local businesses grow.”

Michael Mann, CEO, Launch Lab Inc.

Associated Links

Contacts

Heather Lawless
Executive Director
Grenville Community Futures Development Corporation
Tel. 613-9025-4275 ext. 21   
Email: