The program, an initiative of the Algabonyah Community Revitalisation Project, has been designed to generate stronger Aboriginal business development
and growth across the region.
Potential complications regarding Aboriginal business development
are discussed including: (1) the lack of funding for infrastructure, (2) inability to use reserve land as collateral, (3) confusion over regulations and bureaucracy, (4) access to capital, training, and business networks, (5) reliance on government involvement in contractual agreements, and (6) land zoning approval.
Waubetek is overseen by an experienced board of directors and professional staff who are focused on supporting Aboriginal business development
and First Nation economic development throughout northeastern Ontario.
The Association operates the Aboriginal Business Development
Centre that provides entrepreneurs with business advisory services.
Since 1999, the program has invested $2.8 million in 65 local Aboriginal business development
projects, resulting in a total investment of $17.8 million in the Northwest Territories' aboriginal private sector.
The Ties That Bind: Corporate Mentoring with Aboriginal Firms examines the growth of corporate-Aboriginal partnerships, highlighting successful corporate mentoring initiatives aimed at increasing opportunities for Aboriginal business development
Parisian, an aboriginal woman herself, says Winnipeg 2000 is also involved in the development of an aboriginal business development
centre - a one-stop centre to help entrepreneurs with business plans, marketing, competitive information and so on.
"Today's agreement underlines very clearly Fortescue's commitment to provide meaningful opportunities for Aboriginal business development
and to negotiate agreements in good faith for third-parties to access rail and port infrastructure on commercial terms, said Fortescue CEO Nev Power.
"They can see how it grows," says Niels Carl, superintendent, Aboriginal business development
with Thunder Bay's Bowater Canadian Forest Products Inc.
Aboriginal business development
, as well as employment, is the focus Suncor is taking, said Erskine.
Last year Ottawa's national Aboriginal Business Development
Program handed out $65 million across Canada to native free enterprisers.
The Working Together Roebourne Aboriginal Business and Employment Expo at the Roebourne Community Hall is a fantastic opportunity for residents to learn about Aboriginal business development
, training and employment opportunities that have been created in Roebourne and surrounding communities through the Wirlu-murra Yindjibarndi Aboriginal Corporation (WMYAC) and Fortescue Metals Group (Fortescue) relationship, and the Ngarluma Yindjibarndi Foundation Ltd (NYFL).