Updates & Events Archives - Page 2 of 8 - NACCA National Aboriginal Capital Corporations Association

October 21, 2024

NACCA Celebrates Small Business Week with a Spotlight on Indigenous Business Award Winners

Small Business Week takes places from October 20th – 26th, and NACCA is excited to join in the nationwide celebration! At NACCA, we honour the power of entrepreneurship and the importance of small businesses in fostering economic growth, particularly within Indigenous communities. As part of this year’s celebration, NACCA will be featuring success stories of the NACCA Indigenous Financial Institution network, inspiring local business success and the positive impacts they continue to make.

Driving Change and Empowering Indigenous Communities
The Indigenous Business Awards recognize and honour entrepreneurs who exemplify innovation, resilience, and leadership. Throughout Small Business Week, NACCA will spotlight these exceptional winners, showcasing their businesses across our social media platforms and website.

What to Expect This Week
Each day, we will introduce a different award-winning business, sharing:

Their business story and journey
Key milestones and achievements
The role they play in uplifting their community

Follow us on social media and stay tuned to discover how these entrepreneurs are making an impact, driving change, and encouraging the next generation of Indigenous business leaders.

About NACCA:
NACCA (National Aboriginal Capital Corporations Association) is the national network of Indigenous Financial Institutions (IFIs) working to promote Indigenous economic growth. NACCA provides access to capital, tools, and resources to empower Indigenous entrepreneurs and businesses across Canada.

We invite everyone to join us in celebrating Indigenous entrepreneurship this Small Business Week. Together, let’s continue to uplift, inspire, and support Indigenous businesses that build a more prosperous future for all.

www.nacca.ca
LinkedIn: www.linkedin.com/company/naccainfo
Twitter: @NACCAinfo
Instagram: @naccainfo
Facebook: www.facebook.com/NACCAinfo

By Shannon-Blue Nanibush

October 18, 2024

NACCA at the Toronto Global Forum: Advancing Indigenous Economic Reconciliation

The National Aboriginal Capital Corporations Association (NACCA) took center stage alongside some of Canada’s most influential business and banking leaders at the 2024 Toronto Global Forum. Prominent First Nation business leader and general manager of NACCA’s Indigenous Financial Institution network member, Waubetek Business Development Corporation, presented a compelling talk on Indigenous economic reconciliation. NACCA’s involvement demonstrates its commitment to fostering Indigenous entrepreneurship, equitable partnerships, and sustainable collaboration across corporate and government sectors, including the high-profile area of Indigenous procurement with the Government of Canada.

Dawn Madahbee-Leach’s address emphasized the ongoing need to dismantle barriers to Indigenous prosperity. She underscored how exclusion from the wealth generated by traditional territories has deeply impacted Indigenous communities and proposed solutions centered around capacity-building, equitable partnerships, and Indigenous-led economic initiatives.

“We believe that economic reconciliation is not just a goal but a necessary pathway to Canada’s shared prosperity,” said Madahbee-Leach. “Through partnerships and Indigenous-led initiatives, we can build vibrant economies that reflect the value of our contributions and support sustainable development.”

Aligned with the forum’s theme, “Scaling for a Sustainable Future,” NACCA’s CEO, Shannin Metatawabin, participated in a private roundtable discussion with guest of honour, The Honourable Lisa Raitt, and twenty additional national business leaders representing corporate Canada. This exclusive roundtable offered an opportunity to highlight the critical importance of Indigenous participation in economic development, resource management, and sustainable growth.

During forum discussions, Metatawabin emphasized NACCA’s leadership in fostering Indigenous entrepreneurship through its network of Indigenous Financial Institutions (IFIs). With loans provided to more than 56,000 Indigenous entrepreneurs, totalling $3.3 billion, NACCA’s approach serves as a global model for inclusive economic growth. He also outlined plans for a certified First Nations Procurement Organization, which will act as a single-window service to certify authentic First Nation businesses, ensuring that economic opportunities benefit genuine Indigenous enterprises.

NACCA aimed to underscore the importance of First Nations procurement as a key driver of economic reconciliation. “Our involvement aligns with the National Indigenous Economic Strategy (NIES), advocating for increased Indigenous ownership, participation, and opportunities at all levels of business and governance,” stated Metatawabin.

NACCA’s advocacy at the Toronto Global Forum delivered a powerful message: Canada’s future prosperity depends on meaningful Indigenous inclusion in all sectors. With initiatives like the National Indigenous Economic Strategy and efforts to enhance Indigenous participation in procurement and governance, NACCA continues to lead the way toward sustainable economic reconciliation.

LinkedIn: www.linkedin.com/company/naccainfo
Twitter: @NACCAinfo
Instagram: @naccainfo

By Shannon-Blue Nanibush

September 23, 2024

Request For Proposal – Forum Event Planner

The National Aboriginal Capital Corporations Association (NACCA) is seeking proposals from qualified event planner to plan and oversee the NACCA Indigenous Prosperity Forum on May 6, 7 and 8, 2025. This will be the sixth edition of the event to be held at Lac Leamy Hotel and Conference Centre in Gatineau, QC. NACCA is dedicated to serving as the voice of Indigenous Financial Institutions and advocating for Indigenous business development on a national scale. Our mission is to ensure that Indigenous businesses have equitable access to the capital and resources they need to thrive. In line with this mission, the purpose of our 2025 Indigenous Prosperity Forum and Gala is to bring together stakeholders, showcase successful Indigenous enterprises, and foster an environment of growth and prosperity. By promoting these thriving businesses, NACCA aims to highlight the critical role of Indigenous Financial Institutions in supporting economic development and ensuring sustainable, prosperous futures for Indigenous communities across Canada.

Submissions for this contract are now closed.

By Shannon-Blue Nanibush

September 23, 2024

Request for Proposal – Annual Report Graphic Designer

The National Aboriginal Capital Corporations Association (NACCA) is seeking a highly skilled and experienced graphic designer to collaborate in producing our annual report for 2023/2024. The selected designer will be responsible for visually communicating the organization’s accomplishments, financial reporting, and overall impact in a manner that resonates with our stakeholders, particularly those in the Indigenous economic space.

Submissions for this RFP are now closed.

By Shannon-Blue Nanibush

August 30, 2024

NACCA invites proposals for new website and app

The National Aboriginal Capital Corporations Association (NACCA) invites proposals from qualified web development businesses for the creation of a new NACCA website and accompanying mobile app. As the primary online presence for NACCA—a national Indigenous economic advocacy organization representing a network of Indigenous Financial Institutions (IFIs)—this website will require the integration of all existing data from the current site (www.nacca.ca) into a modern, user-friendly design. The new site should feature advanced functionalities, including AI, automation, self-service options, chatbots, and any additional innovative features proposed by the successful developer. Indigenous web developers are strongly encouraged to submit proposals.

Oct. 1 UPDATE: This RPF is now closed for submissions.

By Shannon-Blue Nanibush

June 24, 2024

Michelle Okere Named First Executive Director of the Indigenous Prosperity Foundation

The Indigenous Prosperity Foundation (IPF), a national charitable organization committed to providing digital access, training, mentorship, and funding to Indigenous women, youth, and underserved entrepreneurs across Canada, is proud to announce the appointment of Michelle Okere as its inaugural Executive Director. With her extensive experience and proven leadership, Michelle will guide the foundation in establishing a robust strategic vision, driving impactful programs, and ensuring long-term stability.

By Joël Lamoureux

The Honourable Soraya Martinez Ferrada, MP. Photo Credit - Fred Cattroll

May 13, 2024

Government of Canada announces launch of SITES with $10 Million dollar investment to support Indigenous Tourism through NACCA

New funding will support large-scale “signature” Indigenous tourism projects

“NACCA is pleased to oversee the implementation of the Signature Indigenous Tourism Experiences Stream (SITES) programming, aimed at enhancing tourism offerings within First Nations, Métis and Inuit communities. Our ISO 9001 certification underscores our commitment to quality and reinforces our reputation as a trusted partner of the Government of Canada. With a rich history and extensive experience in Indigenous lending and business support across all sectors of the economy, NACCA and the network of Indigenous financial institutions are well equipped to assist Indigenous businesses. NACCA takes great pride in helping Indigenous businesses feature vibrant cultures while bolstering local economies through tourism.” – Shannin Metatawabin, CEO, National Aboriginal Capital Corporations Association

Read the full Press Release:

EN : Government of Canada launches major new initiative to support Indigenous tourism – Canada.ca

FR : Le gouvernement du Canada lance une initiative d’importance à l’appui du tourisme autochtone – Canada.ca

Photo Credit – Fred Cattroll

By Joël Lamoureux

Indigenous Prosperity - 2024 - Magazine Cover

April 17, 2024

Digital Debut: 2024 Indigenous Prosperity Magazine – Access Now!

The inaugural edition of the 2024 Indigenous Prosperity Magazine is now available in digital format and can be accessed online!

Inside the magazine, you’ll find exciting news about NACCA’s collaboration with five IFs for the upcoming AGM in Nunavut. Additionally, there’s an exclusive feature on Bobbie Racette stepping into a new role with the Indigenous Prosperity Foundation. The magazine also covers the latest developments at the NASAL AUNSUFSMIEST organization.

Read Now

By Joël Lamoureux

April 17, 2024

NACCA APPLAUDS INCLUSION IN FEDERAL BUDGET 2024, ENABLING INDIGENOUS ENTREPRENEURIAL ADVANCEMENT

FOR IMMEDIATE RELEASE

Ottawa, April 17, 2024 – The National Aboriginal Capital Corporations Association (NACCA) is pleased that Minister Freeland included NACCA and the IFI network in the Federal Budget 2024, marking a significant milestone in the advancement of Indigenous entrepreneurialism and economic prosperity.

The allocation of $350 million for the IFI Network in Budget 2024 is a clear indication the Government of Canada understands the necessity to invest in the Indigenous economy. The success of the 35 plus year track of NACCA providing funding to the network of Indigenous Financial Institutions (IFIs) who endeavour to create and support Indigenous entrepreneurs is validated by this announcement. The funding will play a pivotal role in supporting Indigenous self-determination and economic empowerment. This crucial investment underscores the government’s recognition of the importance of Indigenous Peoples, businesses, and communities fully engaging in the economy, in alignment with their constitutionally protected rights.

“The inclusion of NACCA in Budget 2024 demonstrates the government’s commitment to advancing Indigenous economic prosperity,” said Shannin Metatawabin, CEO of NACCA. “This funding will enable us to continue our transformative work, breaking down systemic barriers and fostering economic participation aligned with Indigenous cultural values. We acknowledge and thank the Government of Canada for their strong belief, support and inclusion of NACCA and the network of IFIs as we look forward to a continuance of collaborative positive outcomes towards Indigenous Prosperity.”

NACCA, comprising a network of 50+ Indigenous Financial Institutions (IFIs), has been quietly catalyzing Indigenous business development for over 35 years. Through its steadfast commitment, NACCA has facilitated the issuance of 53,000 loans totalling $3.3 billion to small and medium-sized Indigenous businesses across Canada.

These funds will go a long way in supporting vital programs, those empowering Indigenous women and youth entrepreneurs, essential for leveraging private sector capital and deploying loans to Indigenous businesses. Additionally, a $150 million injection into the Indigenous Growth Fund aims to not only attract additional investors but also to establish a sustainable reservoir of capital. This capital infusion is designed to foster ongoing prosperity for Indigenous enterprises.

NACCA’s impact extends beyond financial metrics directly having positive social impact on Indigenous communities. This includes facilitating economic growth, job creation, and community development; particularly in remote areas where conventional lenders hesitate to invest. In 35+ years, NACCA’s contributions have amounted to approximately $12 billion in economic growth, creating over 126,000 jobs while improving the well-being of Indigenous communities.

The government’s investment in NACCA underscores its commitment to building a more inclusive and prosperous future for all Canadians. NACCA extends its heartfelt gratitude to the Government and the many MPs and Senators from all parties/groups for their unwavering support of NACCA’s mission.

-30-

For media inquiries, please contact: jlamoureux@nacca.ca

About NACCA:

The National Aboriginal Capital Corporations Association, (NACCA) is a network comprising 50+ Indigenous Financial Institutions (IFIs) committed to driving economic growth for Indigenous Peoples across Canada. Through fostering social and economic self-reliance, NACCA and its members strive to cultivate sustainable prosperity within Indigenous communities from coast to coast to coast.

By Joël Lamoureux

April 15, 2024

NACCA Annual Report 2022 – 2023

The National Aboriginal Capital Corporations Association (NACCA) closed out it’s 25th year and it is our great pleasure to feature the highlights in the 2022-2023 Annual Report.

Our strong member-based network has transformed the Indigenous economic landscape creating opportunities for Indigenous entrepreneurs to thrive.
Through this good work, communities and families are finding prosperity. Enjoy this annual report and to all Indigenous entrepreneurs, we invite you to connect with the IFI network and let your business dreams become a reality.

Read the Annual Report

By Joël Lamoureux