On July 4, WA Treasurer Ben Wyatt, announced that IPS was awarded a contract for
Aboriginal Business Capability Building
IPS have been awarded the contract for Aboriginal Business Capability Building Services from the Department of Finance, to deliver a free Aboriginal business capability program across four key regions in WA: Perth, Peel, South West, and Great Southern. This will include free workshops, and free business advisory sessions
The 2-year contract is part of the WA Government’s $1.5 million Capability Building Program. It aims to enhance ability for Aboriginal businesses and not-for-profit organisations to win work. WA organisations Keogh Bay People and Morrgul were also awarded contracts.
IPS has the experience, capacity and partnerships to deliver a first rate business support program. Our advisors currently deliver business advisory and support services to more than 1000 businesses each year across Peel and the South West.
IPS will co-design the program with Aboriginal communities and stakeholders. It will be delivered by skilled local Aboriginal business advisors. Our panel of recognised business experts will support and add value to the program. IPS will use a range of innovative solutions to support Aboriginal businesses, when and where they need it.
Benefiting Aboriginal Businesses
IPS understands the importance of a strong and enterprising Aboriginal business sector in WA. Successful Aboriginal businesses are 100 times more likely to employ and retain Indigenous employees. For every dollar spent with an Indigenous business, $4.40 is injected into Indigenous communities.
We recognise the strong growth and opportunities for the sector in WA. There are now 634 Aboriginal businesses registered with the WA Aboriginal Business Directory, up from about 410 in 2017. Of those the majority (342) are in regional WA, with 32 of those in the South West.
This program builds upon the success of the Government's Aboriginal Procurement Policy. The policy was launched in July 2018. It has seen over 4 per cent of government contracts awarded to Aboriginal businesses in the first 6 months.
Workshops commence in November 2019, and stakeholder and community engagement is in progress right now.