KEDCO Update: Week Ending June 17, 2011

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HIGHLIGHTS OF RECENT PROGRESS & ACTIVITIES

Business Development

Eikon Device Inc., a local company specializing in the research, design, and manufacturing of tattoo equipment, has received support through the provincial Eastern Ontario Development Fund for expansion of their local facility and the creation of 10 new jobs. Along with these 10 new positions, the company currently employs 43 people in the Kingston region. [read more]

John Paul Shearer, Director of Business Development was in Ottawa on June 13 – 14 attending the Canadian Manufacturers’ and Exporters’ Mexico Day. The event brought together ambassadors and trade commissioners from Canada and Mexico to discuss business to business collaborations and opportunities in the clean tech, education and manufacturing sectors. Shearer met with various representatives to discuss opportunities for Kingston businesses to access new foreign direct investment.

A significant provincial funding announcement will take place on Thursday, June 23 at 9am at Metalcraft Marine, 342 Wellington Street.

Tourism Kingston

Kingston has been short listed as a possible host city for the 2016 Can-Am Police-Fire Games which is organized to promote physical fitness and camaraderie among law enforcement, fire, emergency and protective services personnel.


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The final stage of the bid process is a site visit to Kingston, which is scheduled to take place from June 26-29. Seven members of the Federation Board will be traveling to Kingston to tour athletic facilities, accommodations and meet with local organizations.

The itinerary for the site tour includes visits of CFB Kingston, Fort Henry National Historic Site, the INVISTA Centre, the K-Rock Centre, and Queen’s University. The Can-Am Police-Fire Games have been designed to attract participation from all skill levels and areas of expertise.

Featuring over fifty sporting events, the Can-Am Police-Fire Games offers traditional athletic competitions in such sports as swimming, softball, cycling and profession specific events such as SWAT, police service dog, fire attack, muster, pistol, and toughest competitor alive. Tourism Kingston wishes to recognize the tremendous support from Kingston Police, Kingston Fire and Rescue, Frontenac EMS, CFB Kingston and Corrections Canada in preparation of the bid and pending site tour.

Corporate

The KEDCO Board of Director’s approved an investment of $50,000 from reserve funds to the new PARTEQ Angel Network at the June 13 meeting. The Angel Network is pooled funds managed by PARTEQ Innovations, for investment in early-stage technology-based companies in the Kingston region. For more information on the initiative, visit www.parteqinnovations.com/pan.

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Release / Logo: Kingston Economic Development Corporation