OMX/CCAB WebinarNovember 5th, 2015

Aboriginal Boots on the GroundIncreasing Aboriginal Business Participation

JP Gladu, President and CEO

Joseph Bastien, Senior Manager, Programs

Created over 30 years ago by Murray Koffler

National member based organization

Non-partisan – Receives no core government funding

450 + Members

Key programs – PAR, CAB, ABMP, TFAB Research, and Awards

CCAB

MISSION To foster sustainable business relations between Aboriginal and non-Aboriginal business.

Driving Factors

• Resource Sector Based Communities

• Supreme Court Decisions

• Corporate Canada, making the turn

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Research Findings• Since 2010 Aboriginal businesses report:

• An increase in profits:• 2010 61% profit• 2015 76% profit

• Decrease in losses:• 2010 29% loss• 2015 18% loss

• 70% optimistic that they will be in business five years from now

• Business relationships are cited as key to facilitating this process

Estimating the size of the Aboriginal Market in Canada

TD Economics • Total combined income of

Aboriginal households, businesses and government sectors could reach $32 billion.

• Resource sector contributed significantly in last decade.

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• Commitment of resources (time, money) to achieving equitable representation of Aboriginal persons in the workplace.Employment

• The gift of resources (time, money or other in-kind supports) that are provided voluntarily to an Aboriginal community or group.

Community Investment

• Commitment of resources (time, money) to the development of business relationships with Aboriginal owned businesses.

Business Development

• Commitment of resources to develop or maintain constructive relations with Aboriginal communities or groups.

Community Engagement

PAR Performance Areas

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Establish

preferential procurement initiatives.

supply chain networks comprised of local Aboriginal businesses.

Provide

encouragement or incentives for partners to work with Aboriginal businesses.

mentorship and support to the overall Aboriginal business community.

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Best Practices: Business Development

Establish

recruitment targets and strategies to achieve them.

employee focus groups about Aboriginal hiring.

Aboriginal cultural awareness training for employees.

Provide

solutions to systemic issues and barriers such as education and transportation.

advancement opportunities (mentorship/training) for Aboriginal employees.

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Best Practices: Employment

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Certified Aboriginal Business (CAB)

Certified Aboriginal Business (CAB)

• CCAB's CAB program certifies that Aboriginal businesses are 51% or more owned and controlled by an Aboriginal person(s).

• The CAB program ensures that Aboriginal businesses are easily identified by industry, government and other organizations and certified businesses can promote themselves using the designated CAB logo.

• Certified businesses will be added to to the CAB directory found on CCAB’s website 

• Aboriginal businesses wishing to become certified must complete a simple questionnaire and provide supporting documentation. After a thorough review of the documentation, CCAB confirms the applicant is an Aboriginal business.

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Tools for Aboriginal Business (TFAB)

• TFAB is a new initiative that will help young Aboriginal businesses grow and become sustainable

• The TFAB program is based on research conducted by Stratos and CCAB, showcasing the need for accessible and relevant tools, specifically addressing challenges faced by Aboriginal business

• Relevant information will fall into seven buckets:1. Financing2. Operations3. Human Resources4. Legal and Regulatory5. Communications and Engagement6. Marketing7. Computers and Technology

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Aboriginal Business Mentorship (AMBP)

• CCAB’s Mentorship program pairs Aboriginal entrepreneurs and executives with experienced mentors to help them take their business to the next level. Entrepreneurs gain expert advice from industry leaders.

• Protégés work with a mentor that best fits their needs selected from a roster of available mentors.

• Mentorship support is provided through in-person meetings between protégés and mentors or via email, telephone or Skype depending on the location of the participants. 

• CCAB provides the initial introduction between matched participants. After that, all meetings are coordinated by the mentors and protégés directly.

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Procurement and Partnerships

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