A New Brunswick association focused on retaining immigrant business owners is closer to achieving its goal, thanks to a recent investment by the federal government.
The Atlantic Canada Opportunities Agency (ACOA) announced Tuesday it invested $373,600 in the New Brunswick Business Immigrant Association.
According to a news release, the association helps immigrant business owners and investors thrive and succeed in New Brunswick.
“Immigrants who choose New Brunswick as their new home are key to our long-term growth and prosperity,” said Ginette Petitpas Taylor, the minister responsible for ACOA.
“Helping newcomers to attain information, connections and the networks they need to pursue new business opportunities is critical and we will continue to reach out to them every step of the way.”
Officials say funding comes from ACOA’s Regional Economic Growth through Innovation program, which supports business development and growth.
The government says this project will address the unique needs of immigrant entrepreneurs through networking, training, learning events and mentoring opportunities.
It aims to make things easier for newcomers to establish a business in New Brunswick.
Mohamed Khirallah, president of the New Brunswick Business Immigrant Association, said the funding means his organization can deliver on business goals and “equal the playing field.”
“Our membership will have access to resources, programs, opportunities and support that will equal the playing field for our immigrant entrepreneurs,” he said.
“With our nationwide focus on talent attraction and immigration, offering a soft landing and navigation for these international innovators will provide sustainable economic growth for all.”
#Newcomers looking to start a business in #NewBrunswick are getting extra support through a new program. @NBBIA2 is supporting newcomer businesspeople through networking, training and mentoring with established immigrant business owners.
— ACOA Canada (@ACOACanada) January 24, 2023