The Ontario Next Generation of Jobs Fund is a five-year, $1.15 billion strategy to help innovative companies grow and create well paying, sustainable jobs. It includes two programs that can reduce the cost of investing in job growth in Ontario that will be of interest to ICT companies. The Jobs and Investment Program support a business expansion and retention and can provide up to 15 percent of eligible project costs. The Strategic Opportunities Program supports industry-led initiatives to turn Ontario research and ideas into products and services for a global market. It can substantially reduce the cost of investment in collaborative ventures.
Because the Next Generation of Jobs specifically targets investments from the ICT sector, and because our industry was consulted on the program design, ITAC has a keen interest in encouraging its members to participate in this program. We have convened a briefing session for executives of ICT firms interested in learning more about the program and how to apply. Officials from the Ontario Government will join us to make presentations and answer questions. Please join us. The event is offered at no charge and a continental breakfast will be available.