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Fleming College invests in Venture13




(Cobourg, ON) March 12, 2018 – The Town of Cobourg and the Northumberland Community Futures Development Corporation (CFDC) are pleased to receive a $100,000 investment from Fleming College that will go towards supporting technical components within the Venture13 Innovation Centre while also accelerating innovative programming.

The investment will support the technical side of Venture13 ensuring that the innovation centre promotes easy and constant interaction, stimulates further innovation and facilitates entrepreneurship to commercialize concepts so that ideas, and businesses based on them, grow in the area. It will also go towards outfitting seminar rooms and the lecture theatre with state-of-the-art audio visual suites that will allow for real-time remote lecturing providing a great user experience.

“This investment in Venture13 will greatly enhance skills development in Cobourg and Northumberland County,” says David Francis, Dean of Professional and Continuing Education at Fleming College. “As a primary post-secondary partner, Fleming College will deliver industry training in business and leadership training, trades and technology.”

In November 2017, Venture13 welcomed Fleming College to its strategic board of innovation partners. Fleming College will deliver a technical programming component with courses booked on a regular basis at the centre in time for its grand opening.

A regionally unique facility, Venture13 will focus on the advancement of technology entrepreneurship, making and learning while connecting entrepreneurs, start-ups and high-growth SMEs with industry, academia, investors and the region’s economic development professionals.

“Northumberland CFDC is pleased to see Fleming College as a key strategic value partner within Venture13,” said Wendy Curtis, Executive Director, Northumberland Community Futures Development Corporation. “One of the main goals of Venture13 is to bring together local innovation-focused organizations with our wider network of regional innovation centres across Eastern Ontario. Fleming is an ideal key partner in this initiative as they offer innovative programming that addresses the needs of both local and regional businesses.

With a goal to position Northumberland County and Eastern Ontario as a place for technology entrepreneurship and innovation, Venture13 aims to attract next generation companies that will contribute to the region’s economic development and diversification. The innovation centre will consolidate resources and infrastructure within a single accessible and collaborative space.

About The Town of Cobourg
The Town of Cobourg is a lakeside community (population 19,440) located on the north shore of Lake Ontario halfway between Toronto and Kingston and has been recognized multiple times by MoneySense Magazine as “One of Canada’s Best Places to Live” in populations under 25,000.

Founded in 1798, Cobourg is rich in heritage offering a vibrant downtown, sophisticated small town atmosphere and renowned waterfront that serves as a popular getaway destination.  As the largest town in Northumberland County, Cobourg is personified by historic Victoria Hall, hosts a 27.4 million community centre, an educated and skilled labour force, flourishing commercial sector and supportive municipal government. Cobourg has received the Federation of Canadian Municipalities Sustainable Communities Award, accolades from the Accessibility for Ontarians with Disabilities Act Alliance, and multiple heritage, environmental, and event awards. About Northumberland Community Futures Development Corporation

About Northumberland Community Futures Development Corporation
Northumberland Community Futures Development Corporation (Northumberland CFDC) provides financing and strategy for entrepreneurs as a pathway to prosperity in our communities. We deliver local and regional programs including N100, N1M, EODP, CEDP and the core Community Futures Program, with the support of the Government of Canada and the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). For more information, please visit us online at www.financingandstrategy.com




For more information, contact:

Ashley Purdy
Communications Manager
Town of Cobourg
905-372-4301 ext. 4105