Catapult entrepreneur program staying alive for another year
A local incubator program for budding entrepreneurs will live on for at least one more year.
Catapult, which launched in Red Deer in 2017, was set to close its doors at the end of March because it appeared that the provincial government may cancel the Alberta Entrepreneurship Incubator (AEI) fund.
Minister of Economic Development and Trade Deron Bilous indicated as much at a Red Deer and District Chamber of Commerce luncheon on Jan. 18.
Danielle Klooster, the Senior Business Development Advisor at Catapult, confirms that the government saw the light and is providing one additional year of core funding for it and all other incubators across the province.