Nickel Basin receives funding from Government

The Nickel Basin Federal Development Corporation will be able to support small and medium-sized businesses in Greater Sudbury for the next five years thanks support from FedNor.

Sudbury MP Paul Lefebvre announced the development organization would receive $1.5 million to cover its operational expenses during that period.

Since it was established in 2000, the Nickel Basin Federal Development Corporation has approved more than 500 loans, totaling more than $40 million to provide small businesses with the capital they need to expand.