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Greater Sudbury

Greater Sudbury Development Corporation issues quarterly report

Released Wednesday, Jan 27, 2010

The Greater Sudbury Development Corporation (GSDC) issued their final report for 2009 at the Council meeting of January 27. The report highlighted investments made in economic development projects, programs, and activities.

'Our quarterly report highlights some significant funding investments,” said Guy Labine, Chair of the Greater Sudbury Development Corporation. 'The projects that came forward ranged from scientific to cultural, and emphasized the diversity that is evident in our community. Not only will the funded projects allow some very exciting work to continue on many fronts, but they will ultimately benefit the entire community through increased revenues and injection into the local economy.”

Some of the highlights of the report include:

- $22,000 granted to the Gallerie du Nouvel Ontario for the second Alternative Arts Festival to be held in May 2010. The Festival provides a space for artists to explore the different elements that make up Greater Sudbury and Northern Ontario. The money will be used in part to provide work for local residents, honoraria for local artists, and space rental. Because the Festival is scheduled to take place at the same time as the Salon du Livre du Grand Sudbury (Greater Sudbury Book Fair), it will help to position the City of Greater Sudbury as a forerunner in a growing arts movement. The GSDC anticipates that the $22,000 will allow for the creation of an annual or biannual event that will attract tourists from across the region and stimulate the local economy.

- $10,000 granted to a research team of students from Laurentian University and Collège Boréal to market Greater Sudbury at the 2009 Regolith Excavation Challenge held in October 2009. The Regolith Excavation Challenge consists of students competing on an international stage amongst university teams, organizations and industry companies in the development of robots to complete tasks in the excavation environment. The event provided an opportunity to promote Greater Sudbury and Northern Ontario technology on a global scale. 

- $200,000 granted to Theatre Cambrian over two years (2009/2010) to convert the St. Eugene Church building into a permanent performance venue. A study conducted in 2008 concluded that Greater Sudbury was in need of such a facility, and the renovations to the St. Eugene Church, which will be completed in 2010, will meet that need. The conversion to a permanent theatre hall will result in the creation of approximately 56 full-time jobs through direct and indirect spending, and the facility and related activities will help to build up Greater Sudbury's entertainment capacity and community.

- $34,900 granted to Les Concerts La Nuit sur l'étang (CNSL) to convert its volunteer organization into a permanently staffed professional organization. CNSL provides French-language popular music with a provincewide audience, and funding moneys will be used to broaden the organization's scope so that it becomes a nationally and internationally recognized organization. In 2009, CNSL drew approximately one third of all spectators from outside city limits, resulting in about $20,000 per day of direct revenue to the local economy. The organization's growth will contribute to the economic well-being of the tourism industry. 

Other projects also received grants, ranging from $5,000 to the Flour Mill Silo Restoration Study, to $20,000 for the Cambrian Sustainable Energy Centre to construct a prototype of a high efficiency heat battery, $41,000 to the Cultural Mapping Project, and $55,000 for Music and Film in Motion to continue its outreach projects and marketing activities. 

In the fourth quarter of 2009, the Greater Sudbury Development Corporation invested $397,900 that is expected to leverage approximately $3.9 million in additional funding.
The GSDC is the economic development arm of the Corporation of the City of Greater Sudbury. Consisting of a 17-member board of directors, and supported by City staff, the GSDC serves as a catalyst for economic development initiatives, and supports the attraction, development and retention of business in the community.

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