Reduce Operating Costs
With Lennox & Addington’s low operating costs you will have more money to put back into your business. With all your extra cash, you can now fund whatever you need to stay competitive.
Imagine: New machinery; more employees; an expansion…
Lower Cost for Site Acquisition
Lower Overhead for Business Operations
With the lower cost for residential living, you can afford to renovate or build new (choose your vacant lot or tear down a fixer upper) to create your custom dream home. With all the savings, you’ll still have plenty of cash left to furnish your home with attractive, quality items.
Compare the average sale price of a detached home in L&A County at $275,000 to the GTA at over $1,000,000 for a comparable home. Where would you rather live?
Incentives & Tax Credits
The Lennox & Addington Economic Development Office can help you apply for incentive programs from all levels of government. Located in Napanee, Ontario near Kingston, Economic Development staff have connections with colleges and universities to help with research and development for your business, along with R&D tax credits to keep your overhead low. We can help with securing technology and telecommunications capital. Many forms of non-traditional business financing are available.
Stay Competitive with Help from Economic Development Office
We can help your business stay competitive by connecting you with supply chain links, advertising options, and labour force candidates. There is even training assistance available to help upgrade employee skills. Learn more about running your business at seminars, workshops and networking opportunities tailored to the region and your business needs.
Get In Touch With Us!
Find out how the Lennox & Addington Economic Development Office can help