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QUINT DEVELOPMENT CORPORATION RECEIVES NEIGHBOURHOOD DEVELOPMENT ORGANIZATION FUNDING
Released on May 20, 1999
Economic and Co-operative Development Minister Janice MacKinnon today
announced funding of $45,000 to Saskatoon's Quint Development
Corporation to co-ordinate business, social development and job
creation activities for the benefit of inner-city residents under the
province's Neighbourhood Development Organization (NDO) initiative.
"Quint Development Corporation is doing an excellent job in mobilizing
inner-city resources and delivering grassroots' business and
community services in Saskatoon," MacKinnon said. "NDOs such as Quint
are an important part of building stronger and more prosperous
communities and at the same time creating jobs for Saskatchewan
people."
The funding to Quint represents the first installment of $150,000 in
operational funding it will receive from the government during the
1999-2000 fiscal year. The corporation has been operating for four
years in five inner-city neighbourhoods in Saskatoon.
Quint's activities have included: operation of a Small Business Loans
Association; a new micro-loan and entrepreneurial training initiative;
development of a hostel for northern residents visiting family members
in hospital; development of several housing co-operatives under the
Neighbourhood Home Ownership Program; and development of a
construction co-operative to provide trades training and work to local
residents.
"With this support, our communities will be able to develop
meaningful solutions to revitalizing and stabilizing our
neighbourhoods," Quint Board of Directors Chairperson Norma
Bovill said. "Quint has proven that, by working in partnership
with residents, community groups, business and various levels of
government, we have made a difference. We look forward to
working with other NDOs across the province."
Additional funding under this year's provincial budget has made a
total of $500,000 available to help NDOs develop community-based
programming. Saskatchewan's two other NDOs, Riverbank
Development Corporation in Prince Albert and Community Action
Alliance in Regina, will also receive core funding to develop
unique approaches to creating stronger local economies and
productive neighbourhoods.
"The NDO initiative is another example of government working with
communities to create opportunities for Saskatchewan people,"
MacKinnon added. "Together, we can ensure that Saskatchewan's
strong economic growth will benefit all members of our society."
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For more information, contact:
Bob Ellis
Economic and Co-operative Development
Regina
Phone: (306) 787-1691
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