Factsheet - Indigenous business

Indigenous AffairsEconomic Development
Monday, May 25, 2015
Publication author(s):
Department of the Prime Minister and Cabinet
Publication abstract:

To help Indigenous businesses grow, the Government has announced a new Indigenous Procurement Policy that will commence on 1 July 2015.

What is the new Indigenous Procurement Policy?

Strengthening the Indigenous business sector is crucial to increasing Indigenous wealth, independence and employment.
To help Indigenous businesses grow, the Government has announced a new Indigenous Procurement Policy that will commence on 1 July 2015.
From 1 July 2015, Commonwealth agencies will need to meet a purchasing target from Indigenous businesses.

In addition, for the following two types of procurements, the Commonwealth will need to consider whether an Indigenous business can deliver the required goods or services on a value for money basis before approaching the market more generally:

  • Procurements where the majority of the goods or services will be delivered in a Remote Area;
  • Procurements valued between $80,000 and $200,000.

What is an Indigenous business?

An Indigenous business is any business that is 50 per cent or more Indigenous owned.

How can I get started?

Register with Supply Nation

You should consider registering your business with Supply Nation. This is one of the best steps Indigenous businesses can take to gain exposure to Australian Government buyers.

Registration is free and is an easy, quick and straight forward process.

The register of Indigenous businesses that Supply Nation maintains is regularly checked by government and non-government buyers. Supply Nation also conducts events to raise the profile of Indigenous businesses with buyers.

Indigenous businesses do not need to be registered with Supply Nation for the Commonwealth to contract with them under this policy. However, registration is strongly encouraged as it makes it easier for Indigenous businesses to be identified.

How can I find contracting opportunities?

  • Register your business on AusTender (www.tenders.gov.au)
  • Create a business profile for automatic notification of opportunities
  • Search for opportunities and contracts relevant to your business
  • Monitor and watch Annual Procurement Plans
  • Meet potential Commonwealth buyers at “Meet the Buyer” events and make sure your business is well known

Where can I get help to build my business?

Indigenous Business Australia may be able to help you with a business loan or other support to help your business grow and win Commonwealth contracts.
Your local Indigenous Chamber of Commerce may also offer support to help you gain the skills necessary to win government contracts.

Tips for Indigenous businesses

  • Know your product
  • Know your customer
  • Understand the rules
  • Understand the process
  • Watch for opportunities
  • Build relationships
  • Make sure you deliver value for money
  • Ask for feedback
  • Keep your Supply Nation profile current

Useful Links

For more information

Questions about the new Indigenous Procurement Policy can be sent to indigenousProcurement@pmc.gov.au

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