Released on July 28, 1999
Esterhazy-area businesses have created 88 jobs and maintained another
11 more jobs thanks to the work of two local small business loans co-operatives. Now they've got certificates to acknowledge it.
Energy and Mines Minister Eldon Lautermilch was in Esterhazy today to
honour the Esterhazy Economic Development Co-operative and the Polar
Star Loans Co-operative for their job creation records through the
province's Small Business Loans Association (SBLA) program.
"The job creation successes of these two organizations illustrate what
can be accomplished when the government and communities work in
partnership," Lautermilch said, speaking on behalf of Economic and Co-operative Development Minister Janice MacKinnon.
During 1998, small businesses supported by the SBLA program created
more than 360 jobs and maintained over 565 more, mostly in rural
communities. This brought the total number of jobs created and
maintained since the program began to almost 13,600.
Under the program, the government provides funding to local SBLA
organizations. In turn, SBLAs provide loans to businesses that have
experienced difficulty accessing financing through traditional means.
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For more information contact:
Bob Ellis
Economic and Co-operative Development
Regina
Phone: (306) 787-1691