Mr. Speaker, I recently announced $100,000 in funding from the eastern Ontario development program for the establishment of a gaming and entrepreneurship lab at the Idea Hub in Port Hope, Northumberland's business incubator.
Independent game development studios are part of a thriving and rapidly evolving industry in Ontario, an industry that is linked to a global market that is forecast to grow to $55 billion by 2015. This partnership of the Northumberland CFDC, the Idea Hub, the University of Ontario Institute of Technology, and the gaming and entrepreneurship lab will provide a facility where innovative products can be developed and brought to global markets.
Opening this April, the gaming and entrepreneurship lab will be a key resource for digital entrepreneurs in eastern Ontario.