Tuesday 16 September 2008

New Indigenous Business Initiative


A new model for Corporate Australia to Engage with Indigenous Australia

Corporate Australia has long demonstrated a desire to contribute towards improving the future of Indigenous Australians who are now gaining the confidence to engage in the wider economy and are seeking the opportunity to become economically sustainable – breaking the cycle of welfare dependency for the Indigenous community and creating role models for Indigenous Australians to follow.

The question is: how can corporate Australia contribute to this process in an effective and sustainable manner?

Australia-Israel Chamber of Commerce (AICC) gathered together world leaders on the topic of minority business engagement together with ten Indigenous Australian entrepreneurs to discuss the topic in an Australian context.

A US concept that enables minority businesses to successfully sell to large corporates
is called the National Minority Supplier Development Council (www.nmsdcus.org). There are equivalent organisations in Canada and the UK. A similar organisation is being created in Australia called the Australian Indigenous Minority Supplier Council (AIMSC) which has as its founding members Citi, GlaxoSmithKline, Pfizer, IBM, Cisco and Coca Cola.

If you are an Australian Indigenous business and would like to know more about this project send us an email.