Mr. Speaker, science and engineering graduates with innovative market-driven ideas will benefit from a new program to build their business skills. The minister for FedDev for southern Ontario and I had the opportunity to announce the new scientists and engineers in business initiative at Brock University.
This initiative will provide funding over the next four years to not-for-profit organizations and post-secondary institutions such as Brock University and Niagara College. This will help build the entrepreneurial skills of recent graduates and graduate students in the science, technology, engineering and mathematics fields who have developed fresh ideas for business start-ups and support them as they bring their ideas to the market in order to expand their business.
This is a direct result of the economic reinvestment strategy in Ontario.
It is a major step forward in keeping our talented sons and daughters, our best and brightest in St. Catharines. It is another example of the economic action plan hard at work.