Northern Initiatives Fund – 32 projects north of the 49th parallel receive total funding of $ 2.8 million

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QUEBEC, November 11, 2021 / CNW Telbec / – Thirty-two initiatives from across northern Quebec will receive funding from the Northern Initiatives Fund (FIN). In total, the selected projects represent an investment of more than $ 6.1 million.

Today Mr. Jonatan julien, Minister of Energy and Natural Resources and Minister responsible for the Côte-Nord and Gaspésie – Îles-de-la-Madeleine regions, announced $ 2.8 million would be granted to support these thirty-two selected projects. A list of all the selected initiatives is now available on the Société du Plan Nord (SPN) website.

The thirty-two projects selected include fifteen from the Côte-Nord region, five from the northern region of Saguenay-Lac-Saint-Jean, ten from the Nord-du-Québec region (nine in Eeyou Istchee Baie-James and one in Nunavik). Two projects involving at least two northern regions of the province were also selected under this program.

FIN is a financial assistance program that aims to respond in real time to the priority needs of northern communities, as described in the Government of Quebec’s Action Plan for the North (PAN). A total of $ 11 million has been assigned to this program. The SPN, which coordinates the implementation of PAN 20-23, is the lead agency for this program.

To quote :

“I am happy to review the original and promising projects proposed by organizations and businesses in the North. The funding announced today will translate into concrete results north of 49e parallel. It will allow us to meet the needs identified by local communities and included in our 2020-2023 Northern Action Plan. “

Jonatan julien, Minister of Energy and Natural Resources and Minister responsible for the Côte-Nord region and the Gaspésie – Îles-de-la-Madeleine Region

Strong points :

  • Twenty-five funded projects fall under section A of FIN, while seven projects fall under section B of FIN.

  • Section A of FIN, “Community Development and Environmental Conservation”, is designed to support and promote projects that promote:

  • Part B of the FIN, “Entrepreneurial initiatives”, aims to support and promote projects which:

  • NAP 20-23 reflects the priorities identified by Northern Quebec stakeholders. It aims to provide the communities concerned with the appropriate tools and enable them to fully inhabit the territory. The government of Quebec will invest $ 778.6 million, or more than half of the amount provided for in NAP 20-23, to support businesses and residents established and active north of the 49th parallel. Twenty departments and agencies of the Government of Quebec jointly designed the 49 socio-economic actions of PAN 20-23.

  • The mission of the SPN is to contribute to the integrated and holistic development of the northern territory of Quebec by relying on government orientations. It does so in consultation with regional representatives and relevant indigenous communities, as well as with the private sector.

Related links :

Consult the complete list of selected Nordic initiatives.

Consult the full version of the Northern 2020-2023 Action Plan on the SPN website: plannord.gouv.qc.ca.

Follow the deployment of 20-23 NAP on Twitter: @plannord.

SOURCE Société du Plan Nord

Cision

See original content: http://www.newswire.ca/en/releases/archive/November2021/11/c9495.html

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