Maestro has been selected as one of the successful companies to begin onboarding at a new storefront in Elko, Nevada in September of 2021. This initiative led by MineConnect will allow the Northern Ontario region’s mining supply and service companies to establish a local presence in Nevada with very little financial risk.
“The Nevada Mining Industry has struggled for years to fill various gaps within its supply chain; we are thrilled to have top tier companies from a world class mining district establishing their US based operations right here locally where they can provide goods and services that have traditionally been difficult to procure,” added Sheldon Mudd, executive director of NNRDA. “We anticipate multiple benefits arising from this initiative. First, the Nevada Mining industry will be able to source goods and services from local suppliers rather than global providers who often do not have the United States best interest in mind. Next, it will create jobs and generate new tax revenue ensuring that more of our mining dollars remain in the Northeastern Nevada economic eco-system. “
The initiative comes under the auspices of Ontario’s North Economic Development Corporation (ONEDC), with funding support from FedNor and the Northern Ontario Heritage Fund Corporation (NOHFC).
The intent of the project, is for participating companies to take advantage of the benefits available through the incubator to then venture off on their own, allowing another stream of companies to be onboarded. The program, which is being undertaken in partnership with the Ministry of Energy, Northern Development and Mines Trade and Investment Unit, will support upwards of thirty companies over the course of the project.