Nokiiwin Economic Development Corporation
Papasay Management Limited Partnership is a shareholder in the new Nokiiwin Economic Development Corporation. This new entity was developed by the 5 Nokiiwin communities: BNA, BZA, AZA, Pic Mobert First Nation, and Fort William First Nation. This entity will invest in properties and businesses with the goal of increasing the revenues of the shareholders involved. Initial ideas include the purchase of commercial properties, and the purchase of a hotel.
It is important that different business ideas be analyzed to see if they will be profitable for the communities. However, by working together as a group of 5 First Nations, we will de-risk any opportunities that arise, while also making it easier to raise the required capital investments.