June 18th, 2018 – At the May 16th, 2018 meeting of the Nechako-Kitamaat Development Fund Society Board, Directors approved $293,764.00 in funding for seven new projects.
The grant recipients are as follows:
Minister of Jobs, Trade and Technology Bruce Ralston, says, “The Province is proud to support these strategic investments by the Nechako-Kitamaat Development Fund Society, which help build more-livable communities while strengthening local economies. From an expansion of the tarmac at the Vanderhoof airport to an arena upgrade in Fraser Lake, these seven projects enhance community services and lifestyle for people of all ages.”
“As a funding partner of NKDF,” says Gareth Manderson, General Manager Rio Tinto BC Works, “Rio Tinto is proud of the opportunities the fund offers to communities. The Board decision process for allocating funds to projects is important as it is one that involves community members making decisions for community projects. Congratulations to the recipients of funds and for the work you are doing to support your communities.”
“The NKDF Board of Directors is pleased to support this diverse group of funding requests that will enhance the business, recreational and safety needs of the communities,” says Wayne Salewski, Nechako-Kitamaat Development Fund Society Chair.
These new approvals bring the total Nechako-Kitamaat Development Fund Society grants awarded for the 2018-2019 funding cycle to $293,764.00. NKDF grants $500,000.00 each funding cycle. The next application deadline is July 31st, 2018. For more information please visit http://www.nkdf.org/
For more information on past projects funded throughout the NKDF investment area please visit http://www.nkdf.org/projects or Facebook at https://www.facebook.com/NKDFS
The Nechako-Kitamaat Development Fund Society was jointly established in 1997 with a combined contribution of $15 million by the government of British Columbia and the former Alcan Inc., now Rio Tinto. The Fund’s investment area includes lands impacted by the original Kemano project and focuses on the communities in the Ootsa, Lakes, Nechako and Haisla regions of the north.
The Society encourages applications from local governments and legally incorporated non-profit organizations. NKDF invests in projects that create sustainable employment, diversify the economy, and improve the basic infrastructure needed for community stability, quality of life and growth.
The Government of B.C. and Alcan Inc. each contributed $7.5 million to establish the Northern Development Fund in 1999. The investment income generated from this fund supports the NKDF grants program. Each partner has one representative serving on the board of directors. The NKDF is part of the portfolio of the Minister of Jobs, Trade and Technology.
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