Nickel Basin Federal Development
Nickel Basin Federal Development is a not-for-profit organization based in Greater Sudbury, Ontario, dedicated to promoting economic growth and job creation through financial support for small and medium-sized businesses. With a focus on fostering innovation, the organization offers a loan fund with a local lending limit of up to $300,000 and up to $600,000 for syndicated loans, targeting businesses that require funding for startup, growth, or operational needs.
By partnering with financial institutions and government agencies, Nickel Basin empowers local businesses to thrive and diversify the economy in and around the City of Greater Sudbury. Their commitment to community development is reflected in their support of various business activities, including working capital, inventory, and management buy-outs.
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