Economic Development

Main Street with Wayfinding Sign

 

Overall economic development strategies such as workforce development, strategic alliances and partnerships, business recruitment, tourism development, and downtown revitalization can contribute to a healthy and growing central business district.

Penetanguishene is home to major institutions such as the Waypoint Centre for Mental Health Care, the Central North Correctional Centre and the upcoming expansion of Georgian Manor/Georgian Village. With major industries like Techform Products and CCL Containers, Penetanguishene has a stable and skilled workforce to offer. Educational facilities include six (6) elementary schools and two (2) secondary schools, under the jurisdiction of five (5) different school boards. Georgian College campus is located in the nearby Town of Midland.

The tourist industry is also a major employer with five (5) marinas and home of the Ontario Marine Operators Association. The Town operates a Tourist Information Centre at the Historical Port of Penetanguishene with marina and launching ramp. The Town also has over 69 hectares (170 acres) of parkland, three ball fields, several playgrounds and kilometres of trails.

Downtown Improvement Area

A vibrant downtown is the goal of any municipality and features multiple uses, services, and events. The presence of these attributes creates a connection and competitiveness downtown resulting in a healthy and energized community. We have several programs happening in the downtown improvement area including:

Downtown Beautification Program

The beautification of the Main Street corridor will help to enhance the revitalization of the downtown, which is essential for a healthy and vibrant community. The Town of Penetanguishene works with a dedicated group of volunteers to help beautify the downtown every year and there are some great ideas planned for downtown beautification!

View this year's opportunities on ways that you can help out with Downtown beautification.

 

 EDCNS logo

Our Business is Your Business

We are the new Economic Development Corporation of North Simcoe (EDCNS).

Our job is to help you:

-         BUILD

-         GROW

-          SUCCEED

The Economic Development Corporation of North Simcoe (EDCNS), www.edcns.ca, was developed with the goal of creating one economic voice for the municipalities of Midland, Penetanguishene, Tay and Tiny.  This voice, strengthened by the power of four municipalities, reinforces county-wide and provincial initiatives to drive growth and improve the environment for producing and offering goods and services from North Simcoe.

We are here to help you:

  1. Work with our area partners to advocate for funding and political support
  2. Grow our economy and attract business opportunities
  3. Market our four municipalities within Simcoe County and beyond our borders
  4. Foster a successful business environment within North Simcoe

The EDCNS focuses on four key industries - Advanced Manufacturing, Agribusiness, Health Care, and Tourism, - which we refer to as our "four pillars". 

EDCNS advocates as "one voice" for all four municipalities, within the broader economic landscape of Simcoe County, to leverage funding & political support.  By collaborating and sharing information, knowledge, and partnerships, we can identify and create business cases for funding applications around regional priorities (Huronia Airport, , regional health care institutions, investment in infrastructure, et cetera).  The collaboration brings North Simcoe greater "critical mass" in its dealings - locally, regionally, with other levels of government, and with new business opportunities.

EDCNS is led by an 11 member Board of Directors comprising one member appointed from each of the four municipal councils, one member from North Simcoe Community Futures Development Corporation (NSCFDC) and six private sector members, with core funding from  the County of Simcoe and the four municipalities.  NSCFDC supports EDCNS with financial administration and office space.

Vision

By 2020, the four North Simcoe municipalities will be a growing, well-balanced, open community linked closely to Georgian Bay and economically founded upon:

  • A world-class, four-season tourism experience
  • An education-led innovative manufacturing base
  • A strong health care and life sciences service cluster
  • An efficient and growing agriculture and agri-business economy

 

Mission

To promote and foster balanced sustainable economic growth in North Simcoe.

Values

EDCNS endeavours to enhance the economic and lifestyle well-being of North Simcoe residents by promoting progressive business practices while supporting environmental responsibility and sustainability.  EDCNS is committed to embracing accessibility and accountability for the organization's actions by integrating corporate social responsibility into all activities.

Role of Economic Development Corporation of North Simcoe

EDCNS brings corporate, government and community stakeholders together in projects and initiatives that promote economic growth, increase investment and attract business to North Simcoe.

  • Act as an industry and business community advocate and liaison
  • Collaborate on talent attraction, retention and workforce development strategies being led by others
  • Evaluate issues & policies critical to North Simcoe economic development
  • Manage research data, information and competitive intelligence to support the needs of the community
  • Foster strategic partnerships
  • Lead investment attraction efforts
  • Leverage business expansion efforts
  • Market North Simcoe as an ideal location for business
  • Support an entrepreneurial environment and innovation
  • Support business retention efforts

Core Services of EDCNS

  1. Funds sourcing & administration
  2. Investment attraction
  3. Liaison with business, investors & funding sources and Simcoe County
  1. Marketing and Communication

Branding, Business database, Traditional media marketing & advertising (e.g. print, radio, television, billboard), Web & social media, Research & analysis

Contact

Sharon Végh, Economic Development Officer

Economic Development Corporation of North Simcoe (EDCNS)

105 Fourth Street, P.O. Box 8

Midland, Ontario  Canada  L4R 4K6

+1 (705) 526-1371, ext. 114

svegh@edcns.ca

www.edcns.ca

 

 

Starting A New Business

Penetanguishene offers opportunity for a variety of businesses. Whether you are a small home based mom and pop or an industrial factory or anything in between, Penetanguishene has what you need!

If you are looking to start up or grow a business in the Town of Penetanguishene, view our Expand and Relocate page for more information and resources.

County of Simcoe Economic Development Office

Situated just north of the Greater Toronto Area stretching from the shores of Lake Simcoe to Georgian Bay, Simcoe County's combination of location, lifestyle and opportunity makes it a great place to live and do business. The region's diverse communities and natural amenities inspire residents and the business community.

With over 16,000 companies, the business community in the County of Simcoe is diverse and growing. These businesses are supported by a host of resources including 11 Chambers of Commerce, 4 Community Futures Development Corporations, 2 Small Business Centres, a Business Incubator, and many more business support organizations.

Visit the County of Simcoe Economic Development Office website for more information.