Meet our Starter Company Plus cohort #2 grant recipients!

In October 2017, the Halton Small Business Centre launched the second cohort of the Starter Company Plus program.  Program participants receive mentoring, training, and coaching from our business consultants and program mentors.  In December, program participants submitted their business plans for review for a chance to be selected to pitch in front a panel of judges to win funding for their business.

Of the top 10 pitches, 7 successful entrepreneurs were selected to receive a grant of $4,500.  Meet our grant winners!

  1. Andrea Chmielinski – Steward WiseFebruary 20 Starter Company Plus Grant Winners
  2. Daniel Ascencio – Good Sniff Spaw
  3. Eakanth Mathialakan – Halton Foot and Orthotic Clinic
  4. Ilse De Cleene – IDC Home
  5. Jaklyn Andrews – Oakville Family Health
  6. Kim Cornick – Nationwide Medical Inc.
  7. Michael Bryant – Eastern Woodlands Trading Co.

Starter Company Plus is an entrepreneurship program that provides training, mentoring and advice for eligible individuals 18 years of age or older, to help build a small business. The program also provides an opportunity to apply for a micro-grant to help start or grow a small business.

The program is funded by the Ontario Ministry of Economic Development and Growth.

The Halton Small Business Centre has adapted the program to meet the local economic development needs. The program focuses on the following streams:

  • Newcomer
  • Export-oriented
  • Main Street

Registration is now open to attend our Information Session for our next cohort!  Sessions will take place on Tuesday, April 3 at 6:30 pm at the Halton Regional Centre, and Wednesday, April 4 at 10 am at the Milton Education Village Innovation Centre.  Please register online to attend.  Attendance at the Information Session is mandatory to apply to the Starter Company Plus program.

For more information about the Starter Company Plus program and to read about the rules and eligibility requirements, visit www.halton.ca/startercompanyplus.

 

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Data Insights – 2017 Labour Force Rates

Statistics Canada’s Labour Force Survey findings indicate that the Halton labour force is running at full capacity. Halton Region’s unemployment rate averaged 4.0% in 2017 – its lowest level since the pre-recessionary rates witnessed in 2007.  Halton’s low rate ofJan 29 2017Halton Unemployment rate trends unemployment is a testament to the high demand for Halton’s highly skilled resident labour force.  Recent Census figures show that Halton residents have among the highest levels of educational attainment in Canada.

Compared to Toronto and Hamilton CMAs, as well as provincial and national averages, the Halton labour force is outperforming with a significantly lower unemployment rate (4.0%) and higher labour participation rate (70.3%).

We’re here to help. Contact us for assistance in expanding your business in Halton Region, or for additional information on the Halton economy. For more detailed statistics, visit halton.ca/datacentre.

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Upcoming 2018 Workshops and Events!

Halton Economic Development, along with its community partners, hosts educational2018 small business seminars sessions and seminars, as well as networking events, to help drive the success of businesses and entrepreneurs just like you.

The Halton Small Business Centre

Just released! 2018 Small Business Seminars Schedule

Whether you’re thinking about opening a business, developing your business plan, or expanding an established small business, the Halton Small Business Centre has a workshop or seminar to help you succeed!

Seminars

  • Starting a Small Business
  • Business Planning Basics
  • Market Research & Marketing
  • Financial Statements 101
  • Financing Your Small Business
  • First Steps in Importing

Getting Started Session – Every Tuesday! Continue reading

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Results from the 2017 Business Conditions Survey are in!

January 2 Business Conditions ReportHalton’s Economic Development team recently conducted a survey on the current business and economic conditions faced by Halton businesses and how these conditions relate to planning for growth, innovation, exporting and the desirability of Halton as a place to do business.

Nearly 500 Halton businesses responded to the 2017 survey, representing various sectors from manufacturing to finance and professional and business services.

Here are a few of the highlights from the 2017 Business Conditions Survey:

  • Four out of five businesses surveyed in 2017 are optimistic about the future and expect economic conditions to remain stable or to improve.
  • Over half of businesses that were surveyed anticipate increased profits over the next 12 months.
  • Two Thirds (65%) rank Halton’s quality of life as a locational advantage compared to the rest of the Greater Toronto and Hamilton Area (GTHA).

Findings from the 2017 survey indicate that businesses are confident in Halton’s strong economy and will continue to invest here. Halton continues to be a great place for both employers and employees.  Download a copy of the 2017 Halton Region Business Conditions Survey Results Report from our Resources page here.

We’re here to help. Contact us for assistance in expanding your business in Halton Region, or for additional information on the Halton economy. For detailed statistics, visit our online Data Centre.

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Data Insights – 2016 Census Release on Education

2016 Census release on educationHalton Region residents continue to be the most highly educated in Canada.  The recently released Statistics Canada Census figures on educational attainment report that 75% of Halton residents over the age of 25 hold a post-secondary degree or diploma – the highest rate of education attainment within major population centres across Canada and matched only in Ottawa.  Notably, two smaller regions within Quebec have reached attainment levels of 76% and 77%, however this is due to a differing education system structure compared to the rest of Canada.  Overall, 65% of adults in Canada have a post-secondary education – the same rate of attainment reported in the province of Ontario. Continue reading

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2017 TREB Commercial Development Forum in Halton Region

On November 9th, Halton Region hosted the Toronto Real Estate Board’s (TREB) Commercial Development Forum to help facilitate the sharing of information specific to ongoing and proposed office and industrial commercial real estate development, regional and municipal growth, and supporting infrastructure growth in Halton Region.  This is the Region’s 6th consecutive Real Estate Forum for investors, realtors and developers – attended this year by over 200 professionals at the Burlington Convention Centre.

 

TREB president Tim Syrianos provided opening remarks for the Forum, alongside City of Burlington Mayor Rick Goldring. Guest presenters included Judy Pfeifer from Metrolinx, who spoke to major upcoming transit infrastructure improvements and expansions, and Ray Wong from Altus Group Data Solutions, who discussed the real estate trends in the region’s office market and the commercial outlook in Halton.  The Director of Economic Development for Halton Region, John Davidson, also provided an overview of development activity throughout Halton, Regional plans and programs – including over $4.1 billion in infrastructure investments – and Halton’s positioning within the Innovation Corridor. Continue reading

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Data Insights – 2016 Census Release on Immigration

Teenage friends spending time together

Recently released 2016 Census figures show that there is an increasingly diverse ethnic portrait emerging within Halton communities. Halton welcomed 20,480 new immigrants from 2011 to 2016 who landed in Canada on, or prior to May 10, 2016. New immigrants contribute to the social and economic development of Halton, and play a significant role in shaping and enriching its ethnic, cultural and linguistic composition.

  • 30 per cent per cent of Halton’s population reported they were, or had ever been a landed immigrant or permanent resident, with recent immigrants making up 4 per cent per cent of its population.
  • 41 per cent per cent of all immigrants were 35 to 44 years old at the time of immigration, followed by 20 per cent per cent in both 5 to 14 and 15 to 24 age groups, 12 per cent per cent under 5 years and 8 per cent per cent over 45 years.
  • Asia is the top source continent followed by Europe for total immigrants (41 per cent and 38 per cent). The 2011 to 2016 period also saw Asia as the top continent for recent immigrants (60 per cent), followed by the Americas (15 per cent), Europe (13 per cent), Africa (12 per cent) and Oceania (1 per cent).
  • One in two recent immigrants in Halton Region settled in Oakville (50 per cent) followed by Milton (27 per cent), Burlington (20 per cent) and Halton Hills (3 per cent).
  • The majority (62 per cent) of these new immigrants were admitted under the economic category, 27 per cent under the family class to join family already in the country, and 11 per cent were admitted as refugees.

We’re here to help. Contact us for assistance in expanding your business in Halton Region, or for additional information on the Halton economy. For more detailed statistics, visit halton.ca/datacentre.

Stay up-to-date! Sign up to receive the latest economic development information in your inbox.

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