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You may qualify for up to $1 million in financing for your business
Due to the growth of Aboriginal business in northern Ontario and increasing demand for financing of larger-scale business projects, NADF has increased its loan limit from $375,000 to $500,000 for indivudal businesses on and off-reserve. Community and economic-development related projects may now qualify for up to $1 million.
For more information, call 1-800-465-6821 or learn more about our financing products here.
Purchasing a business? Selling a business? Need to determine the value of an asset(s)? We now offer appraisal services. Contact our in-house expert and Canadian Personal Property Appraisers Group (CPPAG)member Charlton Thompson.
Call now to obtain appraisals on:
- Cars & Trucks
- Heavy Machinery
- Office Equipment (Computers, Desks, Printers, Telephones, etc)
- Kitchen Equipment (Ovens, Dishwashers, etc.)
- Motorcycles, Boats, RVs
- and so much more!
NADF Video Conferencing Series Wins 2010 CFDC Award of Excellence
NADF received the 2010 CFDC Award of Excellence for its business development themed video conference series at the 9th Annual Awards of Excellence held during the 17th annual OACFDC Annual Conference which it co-hosted at the Valhalla Inn in Thunder Bay, ON. Nishnawbe Aski Development Fund was recognized for the remarkable achievement of its Video Conferencing Workshop Series. The award was accepted by NADF Chair Ms. Madeline Commanda who was on hand to receive the award.
Covering relevant business topics such as time management, marketing and accounting etc, the video conference series is one of NADF's community outreach tools used to introduce basic business topics to aspiring entrepreneurs (for free) across northern Ontario.
NADF has been delivering its highly touted video conferencing workshops since 2008 with help from Keewaytinook Okimakanak (KO) and PARO Centre for Women’s Enterprise (PARO). Through these partnerships, NADF's workshop series delivery has expanded in frequency and popularity.
Video Conference training and workshops enhances services in First Nation communities and helps to sustain the locally owned and operated broadband network. K-Net ( www.knet.ca ) is this collective network that spans beyond the NAN territory and has enabled NADF to reach communities throughout Ontario at no extra cost. The workshop series delivery was recently expanded to include additional community partners and to tie the topics into NADF's bi-weekly radio show delivered from it's offices.
NADF has a large geographic territory including 33 First Nations within its Community Futures eligible community. The majority of these First Nations (27) are remote with only air access the majority of the year; the ice roads provide road access for approximately 6-8 weeks during each winter and promotion and delivery of services requires creative thinking and use of emerging technologies.
The adoption of video conferencing technologies is in response to the unique needs of our clients due to their geographic location(s) and the challenges associated with their location. By partnering with other service agencies, we have been able to make effective use of our limited resources, both human and financial to promote business and economic development in our service area.
The use of video conferencing is on the rise thanks to a focus on topics of interest to a wide range of individuals, entrepreneurs, business employees, non profits and First Nations. More importantly, capacity is increasing across a wide spectrum of sectors within the rural community of northern Ontario. The reach of video conferencing, and the promotion, is not limited to northern Ontario. Participants have joined from the Ontario economic development network from as far away as Alderville, Fort Severn, Dokis and Kenora.
In the fiscal years ending March 31, 2009 and 2010, 37 video conferences were held. Over 70 participants from over 20 rural and remote First Nations and communities connected for the training. Many of the events were hosted by the youth at Dennis Franklin Cromarty High School where the Paul Martin business class students interacted with presenters and their peers in remote First Nations.
Going forward, this year's video-conferencing schedule promises to be even bigger and better. Tackling topics such as conflict resolution, marketing, HST and its implication on business, Managing productivity, cash flow analysis and business plan writing etc., NADF's video conferencing series is one you can't afford to miss out on if you're looking to get ahead in business.
For more info on NADF's video conferencing schedule or topics, please contact Ade Sekudo at 1-800-465-6821. Chi Meegwetch!
Funding Opportunity- Aboriginal Energy Program
Now you can receive funding for renewable energy generation projects under the Aboriginal Renewable Energy Fund (AREF). The Aboriginal Energy Partnerships Program provides funding for communities to plan and implement renewable energy generation facilities. The AEPP provides funding for three separate phases of energy development:
Pre-feasibility (80% of eligible costs)
Design and Development (60% of eligible costs)
Regulatory Approvals (40% of eligible costs)