🌟 Embracing Diversity and Empowering Indigenous Businesses: The Indigenous Products and Procurement Industry (IPPI) 🌱
Jingeri... Let me start by stating that I don't expect the IPP to end soon. But what if it did? What would be left for Indigenous businesses? Where do we play moving forward?
At SupplyAus Holdings , Adam Williams and I have this conversation constantly. We need to refine the parameters for the Indigenous Business Sector, but what doe that look like? I believe its the Indigenous Products and Procurement Industry (IPPI) and heres why.
The Indigenous Products and Procurement Industry (IPPI) is a rapidly growing sector that has emerged because of the Indigenous Procurement Policy (IPP). It represents a significant opportunity for Indigenous businesses to thrive, contribute to economic growth, and promote cultural heritage. However, it is important to recognise that the IPP may not last indefinitely, highlighting the need for the IPPI to stand on its own feet and be recognised as the industry to push Indigenous products forward.
The IPPI is a newly created description for an Industry that encompasses a diverse range of goods and services. The IPPI encompasses a diverse range of goods, including both cultural and Indigenous-specific products as well as those owned and operated by Indigenous businesses. It is a testament to the entrepreneurial spirit and diversity within the Indigenous business landscape that we recognise that not all Indigenous product needs have Indigenous artwork, foods, or traditional craft ship. It can simply be a product made by an Indigenous person.
Indigenous entrepreneurs have the capacity and expertise to venture into various sectors and industries, such as technology, professional services, construction, hospitality, renewable energy, FMCG and health. These businesses offer products and services that cater to both Indigenous and non-Indigenous markets, bringing unique perspectives, values, and approaches to their respective industries. By supporting and promoting Indigenous-owned businesses across all sectors, the IPPI recognises the valuable skills, knowledge, and business acumen that Indigenous entrepreneurs possess. It aims to create opportunities for these businesses to thrive, create employment, and generate wealth within Indigenous communities.
In addition to the cultural and Indigenous-focused sectors, Indigenous businesses operating outside these realms play a vital role in challenging stereotypes and showcasing the potential of Indigenous entrepreneurship across diverse industries. Their success stories inspire other Indigenous individuals and communities to pursue entrepreneurship and explore diverse business opportunities. These businesses show us that the IPPI is developing rigour and emerging into an Industry that’s core is Indigenous Entrepreneurship. This entrepreneurship is driving the industry into modern times with products that extend the publics understanding of what an Indigenous entrepreneur is and the types of products that they produce. A hand crafts children’s toys, native favoured food and a new software system can be IPPI products, as long as they are Indigenous owned.
As we move forward, it is crucial to acknowledge that the Indigenous Procurement Policy (IPP) may not last indefinitely. Therefore, it becomes even more important to ensure the sustainability and longevity of the IPPI. The IPPI must stand on its own feet and establish a solid foundation that goes beyond policy-driven initiatives. To continue to support and grow the Indigenous business sector I believe we must shift our focus from IPP to IPPI. This means establishing new expectations of what constitutes an Inidgenous business and how we recognise, promote and celebrate Indigenous businesses.
The IPPI serves as a catalyst for Indigenous businesses to expand their reach and make a positive impact within their communities. It provides a platform for Indigenous entrepreneurs to showcase their talents, traditional craftsmanship, and cultural expressions, thereby preserving and promoting Indigenous heritage. To ensure the longevity of the IPPI, it is essential to foster an environment that supports Indigenous businesses in their growth and development. This includes providing access to resources, mentorship programs, and business networks. It also involves encouraging collaborations and partnerships between Indigenous and non-Indigenous businesses to create mutually beneficial opportunities.
As we recognise the importance of the IPPI standing on its own feet, it is vital to develop strategies that enhance market access, build sustainable enterprises, and create pathways for future generations of Indigenous entrepreneurs. This may involve leveraging strategic partnerships with governments, non-governmental organisations, and private sector entities to provide ongoing support and opportunities.
The IPPI represents a transformative force that empowers Indigenous communities, fosters cultural pride, and creates meaningful connections between Indigenous peoples and wider society. It not only celebrates Indigenous culture but also contributes to the overall economic prosperity and diversity of the regions where these businesses operate.
As the IPPI continues to evolve and gain recognition, it offers immense potential for Indigenous businesses to expand their market presence, build sustainable enterprises, and create pathways for future generations. By embracing a strength-based approach and recognising the importance of the IPPI standing on its own feet, we can ensure the continued success and resilience of Indigenous businesses in the long run.
The Indigenous Products and Procurement Industry, where diversity, empowerment, and cultural heritage converge for a brighter future! 🌏🌟
National Indigenous Australians Agency National Indigenous Times Supply Nation NACCHO Australia Victorian Government Queensland Government NSW Government Westpac Woolworths Group Woolworths Supermarkets Shell Kinaway-The Victorian Aboriginal Chamber of Commerce Aboriginal Business Directory WA Aboriginal Affairs Coordinating Committee UNSW First Nations Business Society LinkedIn #indigenousbusiness #IPPI #business #businessmodels #indigenous #buildingcommunity #buildingexcellence #strengthsbasedapproach #hopeforthefuture
