NADF provides strictly loans, but Neegani offers different options such as equity investment.
Neegani is out to do business and make money for NADF.
We've helped create a lot of jobs and a lot of businesses," said Brian Davey, executive director of the NADF.
The NADF initially operated as an Aboriginal Capital Corporation (ACC).
In 1991, Dennis took on another role on top of his work with the NADF
, that of NAN's chief negotiator in discussions on self-government with the provincial and federal governments.
Ventures covers an urban and semi-rural district; NADF
covers remote Native communities with Thunder Bay at their hub.
NADF general manager Colleen Martin said Lac Seul was a good place for the first pilot because of the entrepreneurial mindset there.
Getting access to capital has always been a challenge for Aboriginal business owners and NADF was looking for new ways to help entrepreneurs get the financing they need;
Brian Davey, NADF
strategic initiatives advisor, said the two-day mining ready summit attracted a full house of participants and included representatives of mining companies, their suppliers, and First Nations groups.
We helped him out but the bulk of the lifting was done by Darcy and his wife," said Harvey Yesno, president of NADF
, based in Thunder Bay.