About Indigenous Business Australia
Indigenous Business Australia (IBA) is a unique organisation that is dedicated to promoting economic independence for Aboriginal and Torres Strait Islander peoples. The company was established in 1990 as a government agency, but it has since evolved into a commercially focused organisation that provides financial assistance, business support, and other services to Indigenous Australians.
At the heart of IBA's mission is the belief that economic independence is essential for Indigenous Australians to achieve self-determination and improve their quality of life. To this end, IBA offers a range of programs and services designed to help Indigenous entrepreneurs start or grow their businesses.
One of IBA's flagship programs is its Business Development and Assistance Program (BDAP), which provides funding, training, mentoring, and other support to Indigenous-owned businesses. Through BDAP, IBA has helped hundreds of Indigenous entrepreneurs across Australia start successful businesses in industries ranging from tourism to construction.
In addition to BDAP, IBA also offers a range of other programs aimed at promoting economic development in Indigenous communities. These include the Home Ownership Program (HOP), which helps eligible Indigenous Australians purchase their own homes; the Community Development Program (CDP), which supports community-led projects; and the Cultural Enterprise Hub (CEH), which helps artists and designers turn their creative talents into viable businesses.
IBA's commitment to economic independence for Aboriginal and Torres Strait Islander peoples extends beyond its programs and services. The company also works closely with government agencies, industry groups, non-profit organisations, and other stakeholders to promote policies that support Indigenous entrepreneurship and economic development.
Overall, IBA plays an important role in promoting economic empowerment for Australia's First Nations people. Its focus on commercial viability sets it apart from many other organisations working in this space – by helping Indigenous entrepreneurs build sustainable businesses that can thrive over the long term – while also providing much-needed employment opportunities within these communities.
In conclusion: If you are an Aboriginal or Torres Strait Islander entrepreneur looking for financial assistance or business support – or if you are simply interested in learning more about how you can help promote economic independence among these communities – then look no further than Indigenous Business Australia!
iba.gov.au
