[supplied by Sen. Scullion's office]
$619,727 investment for Indigenous Entrepreneurs in Lingiari
The Commonwealth Government is providing a $619,727 boost to Indigenous entrepreneurs in the electorate of Lingiari, as part of the $5 billion community-led Indigenous Advancement Strategy.
Minister for Indigenous Affairs, Nigel Scullion, said at an announcement in Nhulunbuy today this investment in the Bremer Island Banubanu Beach Retreat was a fantastic boost for the local economy.
“Communities called for an Indigenous Entrepreneurs Fund and in the 2016 election the Government made a $115 million commitment to back them. We heard in every community there are Indigenous entrepreneurs who have the ideas and energy to start a small business but the banks rarely took on the risk of lending to people in remote and regional communities," Minister Scullion said.
Jacinta Price pictured with PM, Scott Morrison and Indigenous Affairs Minister, Nigel Scullion.
Image: Minister's office
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“The Government has stepped in where the banks won’t lend and these grants will help remote and regional Indigenous entrepreneurs move their communities from the misery of welfare and into the dignity of work.
“There are too many Indigenous entrepreneurs whose business ideas have the potential to transform their communities but they just need a hand to get started. Through this Package, we are giving Indigenous entrepreneurs a fair go.
Country Liberal Party Candidate for Lingiari, Jacinta Nampijinpa Price welcomed today’s investment as a further example of the Coalition Government’s commitment to the Northern Territory.
“Through the investment, this local Indigenous tourism business will be able to purchase a commercial kitchen, a charter vessel and various glamping equipment to help grow tourism opportunities on Bremer Island and across Arnhem Land more broadly,” Ms Price said.
“As it ramps up, this investment will create job opportunities to assist up to 12 Yolngu jobseekers from welfare to work.
Owner of Banubanu Beach Retreat and Arrente woman, Ms Helen Martin, welcomed today’s announcement.
“The Indigenous Entrepreneurs Fund has been instrumental in building Banubanu Beach Retreat’s capabilities. This new plant and equipment has unlocked new opportunities to grow our unique tourism offering on Bremer Island, and employ more local Yolngu people” Ms Martin said.
This initiative complements the Government’s broader Indigenous economic development agenda including our new Indigenous Procurement Policy (IPP) that has resulted in over 1000 Indigenous businesses winning over $1.084 billion in contracts in the first 2 ½ years of the IPP. A spectacular success compared to the former policies, which resulted in just 30 Indigenous businesses winning just $6.2 million worth of contracts in 2012-13.