K-W in brief: October 24, 2012
Conestoga College receives funding
Local post-secondary institution Conestoga College received a donation of $325,000 to its business program from the Royal Bank of Canada (RBC). The funding will go toward creating a small business ventures program, which will provide university and college graduates the opportunity to attain graduate certificates in entrepreneurship. The program will take place over a 25 week span and aims to create more entrepreneurs for small-to-mid sized businesses. RBC will also continue to be involved. Students who develop their own businesses will be given a $1000 award and RBC representatives will also be involved in parts of the education process, along with other coaches and mentors who will provide support to the students.
Uptown residents protesting hydro development
City officials and residents in the Uptown Waterloo area are clashing over hydro upgrades which are meant to update old infrastructure, but which locals fear will cause damage to trees in the area. They are also concerned about the esthetic value of the old neighbourhoods. Some have accused the city of putting in new hydro poles as a means of gaining more revenue through increased hydro use, as the city of Waterloo owns 73 per cent of Waterloo North Hydro. Between 16 and 18 hydro poles will be installed according to plans by Waterloo North Hydro. Infrastructure in the area is more than 50 years old. The new poles will look different than the existing ones, as they will be both taller and wider.
–Compiled by Lindsay Purchase