Northeastern Alberta Aboriginal Business Association Economic Developers Alberta April 8-10, 2015.

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Presentation transcript:

Northeastern Alberta Aboriginal Business Association Economic Developers Alberta April 8-10, 2015

 Northeastern Alberta Aboriginal Business Association  Founded in 1993  A non-profit organization committed to enhancing and creating an environment which promotes businesses, jobs, and training for the betterment of all native people in the region.  Our association certifies that all Full Members are qualified by at least 51% Aboriginal ownership.

Aboriginal Strength, Unity and Opportunity Aboriginal Business in partnership with Industry; enhancing opportunities by supporting economic development of Aboriginal people in the Wood Buffalo region.

 Full Members (local Aboriginal company)  Associate Members  Oil and Gas  Suppliers (local and non-local)  Non-Profit partners  NAABA works to provide networking and work opportunities between Full and Associate members

NAABA values long term relationships with Full and Associate members. NAABA ensures that their Full members are at least 51% Aboriginal owned and majority controlled businesses.

1.Promote and facilitate public relations of Aboriginal businesses and NAABA. 2.Business Development 3.Strengthening relationships between Industry and Membership 4.Embracing and enhancing the needs of membership to meet the vision of opportunity and unity 5.Supporting educational strategies

 The Canadian Council for Aboriginal Business (CCAB) estimates that oil sands companies do $1.3 billion worth of business each year with Aboriginal owned companies.  The oil sands are responsible for over 5% of total aboriginal income which makes the oil sands the largest single, non-governmental source of aboriginal income in Canada.

 Linking Aboriginal communities with economic development resources is an important matter in the oil sands region.  Largely excluded from the economic mainstream in Canada, Aboriginal businesses in Northeastern Alberta both share in the wealth created by developing the resource and creating opportunities.

 NAABA prides itself on collaborating with business and industry to promote and support the development of all Aboriginal people in the Wood Buffalo region.  NAABA provides a key role in business development through our resource centre and mentoring programs. By bringing industry and the Aboriginal business community together, we work together to increase Aboriginal involvement in the oil sands so the economic benefits of the development can be shared.

 Our members have had to cut their costs on their current contracts with Industry by an average of 20%. Employee layoffs and downsizing is unavoidable.  Opportunity to re-evaluate, find ways to improve productivity and run their businesses more efficiently.

 Entrepreneurs need to mentor our youth so we can sustain a strong Aboriginal business community in the future.

425 Gregoire Drive, Suite 100 Fort McMurray, Alberta T9H 4K7 Phone: For more information, visit our website at