Make Ontario Your Next Big Idea
The government of Ontario, Canada in collaboration with Goa Chamber of Commerce & Industry (GCCI) and Startup Goa held a seminar Ontario, Your Next Big Idea, highlighting the tremendous advantages available on tap for entrepreneurs, especially startups. The aim was to highlight the advantages of investing and setting up operations in Ontario.
Pointing out that Ontario had a very liberal business atmosphere, Senior Economic Officer Ontario International – New Delhi Trade & Investment Office with the High Commission of Canada Jens-Michael Schaal explained that any company could setup and commence operations in Ontario within five days. The single step application process in Ontario is miles away from the lengthy procedure currently required in India.
Ontario’s vibrant economy also offers companies a highly skilled workforce, access to venture capital, incubators, and research and development facilities, Shaal stated, a point later elaborated by DCCPER founder Luke Sequeira. DCCPER has successfully entered the Canadian, US and UK markets, through it’s headquarters in Toronto.
The interactive session gave participants a chance to learn a bit more about investment opportunities in Ontario, which offers attractive corporate tax rates, low business costs and progressive incentives for research and development.
“We have a strong commitment to enhance commercial relations and that goes both ways,” Schaal said.
Schaal addressed several Goan entrepreneurs as part of the Ontario International Marketing centre’s initiative to boost foreign direct investment into Ontario. Entrepreneurs also got a chance to share ideas and seek advice over dinner.