North Eastern Ontario Communications Network Inc.
– Media Release –
TIMMINS, ON – February 9, 2017 – The next phase of the NEOnet Broadband for E-Business and Marketing (BEAM) program is now accepting applications from northeastern Ontario businesses to help improve their operations with online e-‐business solutions. The BEAM Program helps mitigate some of the associated costs of establishing an online presence, or for the expenses related to implementing or upgrading e-business solutions.
Past investments of 1.5 million dollars by FedNor for the BEAM program have resulted in over 450 businesses developing e-‐business solutions online. These companies, in turn, have invested an additional 750,000 dollars in direct, development costs for their e-business operations:
• 95% of the participants stated in their exit survey that without BEAM funding the e-business project would not have taken place
• 80% of Small and Medium Enterprises (SME) surveyed have seen an increase in business
• 64% of SME surveyed have invested an additional 500,000 dollars in e-business solutions
BEAM provides a framework to help owners define their business objectives and ensure that the right technology ‐ relative to e-business ‐ is implemented to achieve the desired outcomes. The program provides a rebate for 75% of eligible costs, up to a maximum of 5,000 dollars.
The NEOnet E-Business Specialist will work with the SME to identify their objectives and ensure the appropriate E-business tools and solutions are chosen. BEAM is designed to allow the firm to improve and efficiently implement e-‐business applications, as the program focuses on how business objectives are going to be achieved.
NEOnet is located at 4715 Highway 101 East, Suite B-142 (Northern College), South Porcupine, Ontario, P0N 1H0. Hours of operation are 8:00 AM – 4:00 pm. For more information on the BEAM program and funding opportunities for businesses, please contact:
Phil Barton, E-Business Specialist
705-360-1353 extension 37.
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