Immediate Opportunities Fund
Purpose:
To aid economic development initiatives for Members of the Dehcho First Nations through investments or other forms of assistance to community or individual-owned enterprises/ventures. Profit, as a primary motive, provides for employment, training and business experience for Members, with emphasis on building occupational and management skills.
The Trustee will create a Business Venture Account within the Immediate Opportunities Fund, which will be available for investment in Business Venture Investments, which will be funded from:
- An amount equal to the annual Net Income of the Immediate Opportunities Fund (not including income from any interest in a Business Venture Investment owned by the Trust and allocated to the Immediate Opportunities fun) and;
- An amount equal to net annual capital gains that are instructed to be transferred to the Business Venture Account by the Investment Management Board.
Please see Schedule 1 – Business Venture Investment Policy
