Nechako-Kitamaat Development Fund Society announced today that the Board of Directors approved $40,066 in funding for four new projects as follows:
Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation says, “These projects will help provide new amenities and programs to support people and businesses in the Kitimat and Vanderhoof areas. As we recover from the pandemic, these are more examples of how by working together, the Nechako-Kitamaat Development Fund Society is building stronger communities and improving the quality of life for people in northwestern B.C.”
Rio Tinto general manager, Affonso Bizon noted, “Rio Tinto is proud to see the positive economic benefits across the region this fund has offered in the past and present supporting community interests.”
NKDF Chair Cindy Shelford says, “On behalf of the Board of Directors we are proud to support these local initiatives that enhance our region and support jobs, small business and recreation opportunities for the residents of our communities.”
The next application deadline is October 20, 2021. For more information, please visit http://www.nkdf.org/ For requests under $5,000 applications are accepted on a continuous basis.
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, local First Nations 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. (Rio Tinto) 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, Economic Recovery and Innovation.
Nechako-Kitamaat Development Fund Society
Tel: (250) 964-4066
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