The Business Council of Australia has cemented its commitment to Aboriginal and Torres Strait Islander businesses by pledging $3 billion to boost economic opportunities and participation.
The ‘Raising the Bar’ initiative will be designed to grow Indigenous businesses and will be delivered in partnership with Supply Nation.
Business Council CEO Jennifer Westacott said the Council wants to “build diverse Indigenous businesses” that can support their local communities by creating jobs and opportunities for them.
Supply Nation CEO Laura Berry said the Indigenous corporate sector is “growing exponentially.”
“Indigenous businesses face many of the same challenges as other businesses – but many are on a much steeper growth curve. Time invested working with Indigenous suppliers will help the sector scale effectively and multiply the overall capability and capacity gain,” Ms Berry said.
