The company is using a $250,000 term loan from the Northern Ontario Development Corporation to buy production machinery and equipment to manufacture drags for trail grooming.
What does NODC stand for?
NODC stands for Northern Ontario Development Corporation (Government of Ontario, Canada)
This definition appears rarely and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of NODC
We have 8 other meanings of NODC in our Acronym Attic
- National Oncology Database (IMPAC)
- National Optometric Data Bank
- Naval Occupation Database
- Nodebug (assembly language ASM51 assembler control)
- Naval Object Database of Imagery-Derived Information
- National Oceanographic Data Center (US NOAA)
- National Organ Donation Collaborative (Australia)
- Naval Operating Development Center (US Navy)
- Negros Oriental Development Center (Philippines)
- New Orleans Dental Conference (New Orleans, LA)
- National Oceanographic Data Center's Ocean Climate Laboratory
- National Organization for Drug Control and Research (Egypt)
- National Organization for Disorders of the Corpus Callosum
- Nexus Orthicon Display Device (BBC acronym used in the 1960s - 80s)
- NORD Orphan Drug Designation Database
- Notice of Deficiency Determination
- Navy Oceanographic Data Distribution Expansion System
- Navy Oceanographic Data Distribution System
- National Open Development Environment (University of Kent; UK)
- Netherlands Forces in the East (US Navy)
Samples in periodicals archive:
Both operations have received term loans from the Northern Ontario Development Corporation to purchase equipment and expand.
5 million of the project's construction cost is expected to be covered by loans and grants from provincial government agencies such as the Northern Ontario Development Corporation (NODC) and the Northern Ontario Heritage Fund.
The Northern Ontario Development Corporation (NODC) has also offered a $405,000 loan for the project.
The company initially received a $422,000 loan from the Northern Ontario Development Corporation (NODC) to help pay for start-up costs which totalled more than $1 million.
They are funding the project with personal finances, a $1-million loan from the Royal Bank of Canada, $500,000 from the Ministry of Tourism and Recreation, $250,000 from the Northern Ontario Development Corporation and $98,000 from FedNor.
The Temagami proposal already has a commitment of $983,777 from the FedNor core industrial program, a $2-million loan commitment from the Northern Ontario Heritage Fund and a $1-million loan guarantee from the Northern Ontario Development Corporation.
Company headquarters is a 4,800-square-foot building the Latkas renovated using $212,000 in grants from the Northern Ontario Development Corporation and FedNor.