Bonavista Peninsula Residents Will Benefit From New Job Opportunities and Business Growth
Backgrounder
Bonavista-Trinity Regional Chamber of Commerce
- ACOA’s Business Development Program (BDP), non-repayable investment of $342,375
- Department of Tourism, Culture, Industry and Innovation (TCII) investment of $68,470
The project will support the entrepreneurial ecosystem in the Bonavista area. The four components of the project include: 1) establishing an entrepreneurship support centre to capitalize on the existing entrepreneurial climate; 2) promoting the start-up activity currently underway to encourage further growth; 3) implementing Tourism Atlantic's Strategic Tourism for Areas and Regions (STAR) Program; and 4) assessing a building for a permanent home for the Entrepreneurship Support Centre to encourage networking, collaboration and provide technical support.
- ACOA’s Business Development Program (BDP), repayable investment of $325,000
- TCII investment of $325,000
This project enables Safe Haven Enterprises Inc. in Port Union to expand and upgrade the Seaport Inn.
The Newfoundland Salt Company Ltd.
- ACOA’s Business Development Program (BDP), repayable investment of $82,000
- TCII investment of $63,000
This project enables the Newfoundland Salt Company Ltd. to establish a sea salt production facility in the Town of Bonavista.
- ACOA’s Business Development Program (BDP), repayable investment of $76,500
- TCII investment of $83,500
This project enables Sea of Whales Adventures Ltd. to purchase and renovate a building in Trinity to expand its existing eco-tourism business.