Business, Tourism, Culture and Rural Development
June 29, 2015

Supporting Economic Growth in Rural Communities

Mariner�s Memorial and Dynamic Air Shelters Receive Funding from Provincial Government

Continuing its commitment to supporting tourism, culture and economic diversification, the Provincial Government is providing funding to the Grand Bank Heritage Society to complete the final stage of the Mariner�s Memorial project repairs to George C. Harris House. The Provincial Government is also supporting expansion efforts of local employer, Dynamic Air Shelters Ltd.

�With these investments, we are supporting a significant local attraction, and an important local employer. The work on the Mariner�s Memorial and George C. Harris House will help make this important heritage asset more accessible.�
- The Honourable Darin King, Minister of Tourism, Culture and Rural Development

The Grand Bank Heritage Society is receiving more than $81,000 towards completion of the Mariner�s Memorial, which will include the installment of cobblestone paths to increase accessibility at the site, and repairs to George C. Harris House.

�I am also pleased that our government is supporting Dynamic Air Shelters Ltd. in its efforts to expand its market. As a government, we are investing in our communities and our provincial economic growth one project at a time.�
- Minister King

The Provincial Government is investing $41,000 in Dynamic Air Shelter�s Ltd to assist the company in expanding its market into the Netherlands. The company will participate in industry meetings and a trade show in Rotterdam. Dynamic Air Shelters manufactures inflatable structures for various uses including industrial, commercial and emergencies, and currently employs more than 70 people.

The Government of Newfoundland and Labrador has invested more than $200 million in economic and business development initiatives since 2005. Through the Regional Development Fund, the Department of Business, Tourism, Culture and Rural Development provides support to organizations by way of non-repayable contributions for projects aimed at supporting economic development, innovation and capacity building in all regions of the province. The Business Investment Fund provides a source of funding to business and economic sectors that responds to the changing needs of enterprises. Additional information on programs can be found at: www.btcrd.gov.nl.ca/

QUICK FACTS

• The Government of Newfoundland and Labrador is supporting is supporting The Grand Bank Heritage Society with an investment of more than $81,000. The funding will help complete the final stage of the Mariners Memorial project, improving and repairs to George C. Harris House.
• The Provincial Government is also investing $41,000 in Dynamic Air Shelter�s Ltd to assist the company in expanding its market into the Netherlands.
• The Government of Newfoundland and Labrador has invested more than $200 million in economic and business development initiatives since 2005.
• Additional information on Department of Business, Tourism, Culture and Rural Development funding programs can be found at: www.btcrd.gov.nl.ca/

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Media contact:
Tansy Mundon
Director of Communications
Department of Business, Tourism, Culture and Rural Development
709-729-4570, 693-1865
tansymundon@gov.nl.ca

2015 06 29                                                                      4:05 p.m.