The Atlantic Canada Opportunities Agency (ACOA) is continuing
to foster entrepreneurship and business expansion as well as
broaden its focus on building, attracting and retaining skills in the
region through the Atlantic Investment Partnership -- The Second
Wave, a new five-year $708-million initiative to support economic
development throughout Atlantic Canada.
The strategy’s Investing in People component will see a total
injection of $50 million over five years in four primary areas:
- Women in Business Initiative
- Young Entrepreneur Development Initiative
- Productivity and Business Skills Initiative
- Atlantic Population Strategy
Women in Business Initiative
The Women in Business Initiative will improve the growth and
competitiveness of women-owned businesses and increase their
representation in Atlantic Canada’s emerging growth sectors.
Young Entrepreneur Development Initiative
The Young Entrepreneur Development Initiative will help raise
awareness of entrepreneurship among young Atlantic Canadians
and will expose them to the process of starting up a business. It
will also help young people who are already in business to
improve their capacity to succeed and grow.
Productivity and Business Skills Initiative
The Productivity and Business Skills Initiative will combine and
enhance programs that stimulate small and medium-sized
businesses to invest in skills development in such areas as:
- technical skills (includes R&D;, production and quality assurance),
- commercialization skills (includes trade, marketing and distribution); and
- management skills (includes project management, environmental management, human resource management and financial management skills).
Atlantic Population Strategy
In partnership with other stakeholders and federal departments,
ACOA will develop an Atlantic Population Strategy to address the
challenges of immigration and the attraction and retention of
skilled Atlantic Canadians.
For more information on these and other ACOA programs,
contact the ACOA office nearest you:
New Brunswick: 1-800-561-4030
Prince Edward Island: 1-800-871-2596
Newfoundland and Labrador: 1-800-668-1010
Nova Scotia: 1-800-565-1228
Entreprise Cape Breton Corporation: 1-800-705-3962
ACOA Head Office: 1-800-561-7862
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