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Program has an EYE on young entrepreneurs

Particpants of the Empowering Young Entrepreneurs program were honoured at Huff Estates. They posed for a photograph with Mike Bossio, MP for Hastings Lennox and Addington and PEC Councillor Bill Roberts.

Particpants of the Empowering Young Entrepreneurs program were honoured at Huff Estates. They posed for a photograph with Mike Bossio, MP for Hastings Lennox and Addington and PEC Councillor Bill Roberts.

A celebration at Huff Estates in Prince Edward County recognized successes of the Empowering Young Entrepreneurs (EYE) Program.

EYE is an entrepreneurial training program funded by the Ontario Ministry of Economic Development, Employment and Infrastructure and delivered by the Prince Edward/Lennox & Addington Community Futures Development Corporation (PELA CFDC).

Since June of 2014, the program has assisted 36 young entrepreneurs in Prince Edward and Lennox & Addington counties by providing training to start or grow their own business. The EYE Program offers specialized entrepreneurial training, coaching, mentorship and financial support to youth between the ages of 18 and 29 in Prince Edward and Lennox & Addington counties.

Successful results of the program include the creation of businesses that provide specialized services in the areas of social media, graphic design, food services, support for seniors, property maintenance, construction, E-gaming and specialized consulting services.

“Right now, the labour market is shifting back to local production and local support networks. We need local entrepreneurship in art and design, in manufacturing, in retail, and in professional services to keep our communities strong and healthy,” said Mike Bossio, MP for Hastings Lenoox and Addington. “The EYE program is helping young people in Lennox and Addington County take charge of this labour market transformation. It empowers our young people to be successful for themselves and for their communities. MP Ellis was unable to attend as he was in Ottawa for his swearing in ceremony.

“PELA CFDC is proud to have partnered with the Province of Ontario on this exciting program for young entrepreneurs. The Empowering Young Entrepreneurs (EYE) program is built on existing program capacity and objectives of our organization that has resulted in the creation and growth of 32 revenue generating businesses in our community by young entrepreneurs. I congratulate all of the successful participants and encourage any potential entrepreneurs to contact our offices to discuss this amazing opportunity,” said Angela Miller, Chair of PELA CFDC.

The EYE Program, funded by the Ontario Ministry of Economic Development, Employment & Infrastructure (MEDEI) through the Strategic Community Entrepreneurship Projects (SCEP) initiative, was designed to provide young entrepreneurs who are no longer in school and who meet other eligibility criteria with self-employment training and access to startup funding. Delivered to four intakes of local entrepreneurs since June 2014, the 10-week training program consisted of in-class instruction in a variety of business topics by industry experts, coaching and mentorship and culminated with access to $3,000 in grant funding.

The EYE Program and other Strategic Community Entrepreneurship Projects are an initiative of the Youth Jobs Strategy which has been renewed by the government for an additional two years due to the successful results of the original $295 million announced in the 2013 Ontario budget.

Filed Under: Local News

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