A boost for Indigenous business has been announced as part of a $123 million package to assist Indigenous communities to increase their responses to COVID-19.
The support, which will be available over two financial years for targeted measures to support Indigenous businesses and communities, also includes boosts to education, health, employment, and safety.
IPS welcome the announcement of $50 million in this package to support Indigenous businesses through the economic challenges posed by the coronavirus pandemic. It is much needed, and demonstrates that the Government have heard the sector’s call for assistance.
“We would however urge the Government to assure the sector that Procurement is going to continue, and put pressure on Departments to continue to buy during this time. This will ensure that Indigenous businesses will still have a pipeline of work to bid for, win and deliver,” IPS Managing Director Kristal Kinsela-Christie said.
"An example of this pressure could be awarding contracts in the mandatory set aside value range as a priority, and sole-sourcing directly from Indigenous businesses, saving them the onerous challenge of lengthy procurement processes."