Investing in Nova Scotia
More Nova Scotia social enterprises will be able to start, grow, expand into new markets and strengthen communities as a result of support from the Invest Nova Scotia fund.
The funds board of directors is investing $1.5 million over three years in the Social Enterprise Network of Nova Scotia to create an incubator that will help entrepreneurs build their businesses.
One of the businesses that will benefit from this investment is located in Dartmouth.
LakeCity Woodworkers began as a drop-in centre offering mental health support services in 1972. It has since grown, currently serving approximately 400 clients and providing them with employment in the local community.
The non-profit company produces high quality, solid wood products while also providing clients with the skills and knowledge to excel in a competitive working environment.
“This is a fantastic investment that will help maintain a strong network of companies like LakeCity Woodworkers that continue to benefit our community,” said Dartmouth North MLA Joanne Bernard.
The Invest Nova Scotia Fund fosters innovation and collaboration to advance Nova Scotia’s economy and create jobs. Investments support projects that benefit sectors or regions, not individual businesses. Projects must be measureable, sustainable and support the ONE Nova Scotia Coalition goals. Decisions are made by a board of directors independent of government.