NDI Trust Funding Northeast Projects
By 250 News
Monday, April 03, 2006 09:15 AM
The Northern Development Initiatives Trust has announced funding for two projects in the northeast of B.C.
The first is a grant of $405,900 to the Northern Opportunities Program. It is a trades and technology training program out of Dawson Creek that aims to
• Reduce turnover in northern Trades positions,
• Reduce industry cost of recruitment and retention as northern students are recruited into Trades,
• Increase Trades entrepreneurship,
• Reduce migration of northern workers to southern opportunities and reduce needs for in-migration,
• Increase representation of First Nations and women in northern industry,
• Increase education level of northern workforce through higher graduation rates and focused career planning.
The three year project has an estimated total cost of just over $4.5 million. For every dollar donated by the Northern Trust, $11.31 is being contributed from other sources.
The second project being funded is a marketting project aimed at "Branding the Peace Country". It will see Northern Trust providing $255,000.00 towards a regional marketing plan that hopes to expand the overall Peace Country economy by $250 million a year. The project's total cost is in the $1.2 million range with Northern Trust's portion representing 21%, the balance being made up of funding from the Alberta Peace Region (23%) 37% from membership and 19% from the Federal Government.
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