The meeting was followed by an open house for informal introductions and discussions.
The AGM focused on administration and programs during the Society’s first full year of operations (the Society was incorporated in August 1999). Society Chair, Dave Merz, reflected the relative infancy of the Society in his opening statement, "this year has seen us continue to spend much time working on organizational tasks for the Society as well as reviewing 13 applications for funding."
The Society provides loans and grants to legal organizations for projects that create sustaining employment opportunities, diversify the economy, improve capacity to generate economic development and that improve the basic infrastructure needed for growth, jobs, community stability and quality of life. Society activities and programs are supported through the Northern Development Fund, jointly established by the government of British Columbia and Alcan.
Society Manager, Fiona Glass, presented the Annual Report for 2000-2001. Highlights include:
Copies of the Annual Report may be requested from the Society by calling their toll free line at 1 877 478 3863. A copy will also be posted on the Society web-site (www.ndf.gov.bc.ca).
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Contact: Fiona Glass
(250) 877 6922
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.
Nechako-Kitamaat Development Fund Society
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