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FedNor funding to help independent power authorities

Article Origin

Author

Compiled by Shari Narine

Volume

31

Issue

4

Year

2013

 

The Nishnawbe Aski Development Fund recently received $73,800 in FedNor funding from the federal government, and will provide independent power authorities in Northwestern Ontario with financial and business management software to enhance the operation of diesel generating stations in remote First Nation communities. Among other things, the software will help the First Nation businesses manage cash flow and capital expenses, record purchases, standardize billing and assist with identifying efficiencies. FedNor’s Northern Ontario Development Program supports projects that strengthen community economic development, enhance business growth, and facilitate innovation throughout the region.