CANDO Presentation - FINAL

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Transcript of CANDO Presentation - FINAL

  • Presentation by:

    Michael Watson

    General Manager

    St:l Community Futures

    Chilliwack, BC

    October 27th, 2015

    Mission: Building Capacity to Strengthen Aboriginal Communities

  • Summary of Major Topics Covered

    2

    Aboriginal Economies A Growing Power

    Overview of the St:l Economy in St:l Traditional Territory Slh Tmxw

    St:l Community Futuress Role and Mandate

    Our Vision Creating the Centre of Aboriginal Business in BC

    Achieving the Vision with Modern Business and Economic Strategies

    Open Dialogue and Discussion

  • First Nation Economy in BC

    3

  • Rapid Growth of Aboriginal Business in

    Canada

    4

    TD Bank Special Report June 17th, 2011

    Combined income of Aboriginal households,

    businesses and governments

    $24 billion in 2011 Could eclipse $32

    billion in 2016

    Will exceed the combined Gross

    Domestic Product (GDP) of the

    Provinces of Prince Edward Island and

    Newfoundland

  • Rapid Growth of Aboriginal Business in

    Canada

    5

    Owned by the Communities

    Unique business tools for Community-owned Aboriginal businesses

    Successful at bridging the gap between Community aspirations and the Private Economy

    Major economic and Business growth vehicle for many Aboriginal Communities

    Aboriginal Economic Development Corporations

    Growing power from Court Decisions

    Impacts of Tsilhqotin Decision

    Energy, Pipeline and Commodities

    Land Titles

    Impact Benefit Agreements

    Business and Employment Opportunities

    First Nations are at the forefront in the boom in Resource Sectors across Canada

  • Rapid Growth of Aboriginal Business in

    Canada

    6

    From Canadian Council for Aboriginal Business (CCAB)

    Studies

    2006 Census Over 37,000 Aboriginal businesses across

    Canada

    87% above the 1996 Census

    2015 Data now being assembled, estimated over 50,000 Aboriginal

    businesses across Canada

  • Rapid Growth of Aboriginal Business in

    Canada

    7

  • Rapid Growth of Aboriginal Business in

    Canada

    8

    Rapidly increasing population with

    approximately 50% of the total Aboriginal population under the

    age of 25

    Aboriginals are proportionally are

    starting businesses at 5 times the rate of

    non-Aboriginal businesses in

    Canada

  • The St:l Traditional Territory

    9

  • Overview of the Economy of the St:l

    Territory

    10

    24 First Nation Communities

    56 Reserves allocated by the Federal Government

    Total Aboriginal/First Nation/Mtis Population: 15,000 (Est)

    Largest First Nation in BC

    Traditional Territory from Fort Langley to Yale, on both sides of the Fraser River, and into the United States

    Major industries: Forestry, Farming, Band Business and Trade

  • Community Futures of BC

    11

    Core funding is provided by Western Economic Diversification

    Community Futures was established by the Federal Government in 1986

    Assist local communities in responding to the severe economic and labour market changes they were facing

    Community Futures branches are locally based, non-profit organizations overseen by a volunteer Board of Directors and various Board appointed Committees. Bottom-up Structure

    There are 34 active Community Futures in BC, 3 of which are Aboriginal Specific

  • St:l Community Futures

    12

    A "not-for-profit" organization

    Directed by a volunteer Board of Directors, of Aboriginal and Non-Aboriginal Members who are local business professionals and Community Leaders

    Mandate - To provide entrepreneurial training programs, to provide lending services to qualified Aboriginal businesses and to assist in Community economic development

    Embraces and celebrates St:l cultural values

    Creating and supporting the entrepreneurial spirit in our Communities

  • St:l Community Futures

    13

    2015 Winner of the Community Futures

    British Columbia Award for Excellence and

    Innovation

    Contributes to social and economic well-being within the St:l Traditional Territory

    Providing business owners and entrepreneurs access to services through a range of Community economic development initiatives, business support services, and lending services

    Offer full-service support centre, for Aboriginals wanting to start or expand their own businesses, with business supports ranging from financing to training programs.

  • Need for a New Vision

    14

    Close proximity to major International Markets, from Vancouver, Seattle and the

    Pacific Rim

    Largest land holdings in the Fraser Valley Rapidly increasing land wealth

    Highly educated Aboriginal workforce

    A rich entrepreneurial and cultural history in Slh

    Tmxw

    Developed by the SCF Board on the St:l

    strengths of:

  • Our Vision

    15

    The Vision of St:l Community Futures is for

    the St:l Traditional Territory to become a

    leading center of Aboriginal business and

    entrepreneurial growth within British Columbia,

    within five years.

  • Economic and Business Strategies

    Supporting the Vision

    16

    Some of the Economic Business concepts deployed, included: (next page)

    Not yet collectively deployed by any Aboriginal business organization

    Drew upon key non-Aboriginal economic strategies

    Founded upon St:l

    Drew upon the St:l entrepreneurial strengths and cultural values

  • Economic and Business Strategies

    Supporting the Vision

    17

    Branding

    Strategies

    Business

    Cluster

    Development

    Theories

    Attraction

    Strategies for

    Aboriginal Land

    Development

    Grow Your Own

    Business

    Strategies

    St:l Centre for

    Business

    New Entrepreneurial

    and Training Programs

    Creating New Sources

    of Aboriginal Finance

  • Birth of the Brand

    18

    Branding theory well used - new phenomena for Aboriginal organizations

    Used to promote St:l culture, history and strong entrepreneurial spirit

    The Brand becomes the unifying message

    Standards of business practice

    Create business and economic growth opportunities

    As the unifying message, all activities of SCF are now linked to the Brand and its strategies

  • 19

  • Birth of the Brand

    20

    The ST:L MEANS BUSINESS Brand was designed by Jason Forseth, a Seabird Island First Nation Band Member.

    The water droplet in the center of the logo represents the St:l (People of the River) forming two hands shaking. A universal sign

    of business

    On the outside of the droplet, there are two open native hands (in the position of Giving thanks or Honoring) within two Salmon,

    which represent our St:l culture and traditions

    The two figures on the outside edge represent the people, businesses and organizations who support us and who we do

    business with

    The cityscape in the lower part of the circle represents the future and growth of our businesses, seven generations into the future

  • Birth of the Brand

    21

    https://www.youtube.com/watch?feature=player_embedded&v=fvUWgF2HxGM

    https://www.youtube.com/watch?feature=player_embedded&v=fvUWgF2HxGM

  • Our New Home - Award-winning St:l

    Resource Centre

    22

    Developed by St:l Resource Centre Management Team Houses Cultural, Business and Learning Facilities

    Project managed by St:l Community Futures

    Funding negotiated from Federal Government - $7.5 million Economic Stimulus Program

    Direct Funding from St:l Nation - $5 million

    Building completed to Gold LEED Certification First in all the Territory

    Building opened October, 2010

    Winner of major Awards, including the 2010 Federal Ministers Award for Excellence and Innovation

  • Launch of a Brand April 9th

    , 2014

    23

    Gala ceremony in Longhouse on Coqualeetza Campus

    Site of major Brand Launch

    Several unique features Setting the Brands public image

    New song by Juno nominated and St:l music artist, Inez Jasper Go St:l, to support the Brand.

  • Launch of a Brand April 9th

    , 2014

    24

    Extensive Aboriginal food caterers and purveyors

    Showcasing extent of food service and cuisine businesses within Slh Tmxw,

    Event announced the initial St:l Micro Lending Program with Bank of Montral: for $100,000

  • Launch of a Brand April 9th

    , 2014

    25

    Announced major business event sponsored by SCF ST:L BUSINESS MATCH.

    Announced Vancity Each One, Grow One Training Program

    Achieved extensive media coverage.

  • Key Aspects of the St:l Economy

    26

    Working in partnership with the Province of BC SCF was commissioned to complete a comprehensive business survey of St:l, to fully understand the Aboriginal business economy

    The Survey was designed to identify the size of the St:l economy and gather St:l businesses intelligence

    Understanding Our Businesses

  • Key Aspects of the St:l Economy

    27

    The Survey revealed that there were over 250 Aboriginal-owned businesses in Slh Tmxw

    The Survey also revealed that Slh Tmxw is one of the fastest-growing areas of Aboriginal busines