Gananoque, ON: Second Order delivered an engaging presentation regarding the Gananoque Technology Business Incubator Feasiblity Study to Council on February 7th. The presentation covered the role of an incubator, vision for a Gananoque incubator, key options, risks, success factors and the overall feasibility for Ganananoque. The feasibility of the project is positve and Council approved proceeding with the business plan.
“With strong capitalization, management and governance, an incubator has a good chance of driving STEAM (science, technology, engineering, arts and math) employment growth in the Gananoque region,” said Darren McLennan, Principal of Second Order. “This is an opportunity for Gananoque to initiate a change that capitalizes on the existing community assests, fibre and Canada’s digital business trends.”
The presenters included Darren McLennan who previously worked with with small businesses for 8 years and with Deloitte Consulting for 9 years combining work in both technology-media-telecom and public sector. The second presenter was Karen Schulman Dupuis who has over 17 years experience working in the technology space and recently at the MaRS Discovery District. Valerie Fox was unable to attend, however, she played an intregal role in the study and was a founder of the Ryerson DMZ.
The expertise of the consultants and their relevant experience in the technology and incubator sector has been an excellent resource for the Town of Gananoque. The overall vision for Gananoque is to create a space that provides support for startups, existing small businesses, and encourages business attraction in the technology sector. The goal is to grow year-round skilled jobs, provide opportunities for our youth and engage the community through programming and events.
2017 Dog Tags:
$15.00 until February 28, 2017
$25.00 beginning March 1, 2017
Tags available at:
Town Hall, 30 King Street East, Gananoque
Pet Valu, 711 King Street East, Gananoque
Gananoque, ON: At the January 17th 2017 Council meeting, the Town of Gananoque Council received a report from the Economic Development Department regarding an overview of the economy in 2016. The Town was pleased to learn that the community experienced a 16.3% job growth in five years.
The Town uses the statistical resource, Analyst a web-based tool that provides statistical data[i] on regional economies and work forces. The program is made available through the Ontario Ministry of Agriculture and Food and Ministry of Rural Affairs and combines multiple national data sources to provide up to date, detailed information on local economies.
According to Analyst, as of December 2016, Gananoque has a total of 3530 jobs and an average earnings of $36,638. The majority of the employers are considered small businesses with under 49 employees and the majority of our businesses represent 1-4 employees. Overall, the Town has seen a 16.3% increase in jobs over the past 5 years (2010-2015) with projections for continued growth. This rate of job growth is higher than the province at 7.2% and the nation at 6.8%. The largest growth areas over the five year span continue to include medical equipment manufacturing, gambling industry and tourism which represents our largest employment base.
“This is great news for the community and we hope to see continued growth in the future,” stated Mayor Erika Demchuk. “We would like to welcome the new businesses and thank all the businesses for their contributions and dedication to the community.”
[i] The data sources include Canadian Business Patterns (CBP), Census Data, Survey of Employment, Payroll and Hours (SEPH), Labour Force Surveys (LFS), Canadian Occupational Projection System (COPS), CANSIM Demographics, and Postsecondary Student Information System Education Data (PSIS).