Nov 28, 2024
In recent years, the economic dimension of reconciliation has become a priority for businesses in the Canadian private sector. The Truth & Reconciliation Commission’s 92nd Call to Action emphasizes the importance of collaboration between the private sector and Indigenous-owned businesses as a critical part of the reconciliation process.
However, despite this emphasis, there is a lack of clear, actionable guidance on how entrepreneurs can build meaningful, long-term relationships with Indigenous communities and businesses. This article aims to provide practical strategies for businesses preparing to engage with Indigenous entrepreneurs and communities, fostering partnerships that contribute to shared prosperity and lasting economic reconciliation.
Understanding the Foundation of Indigenous Partnerships
At the core of any successful business relationship is a commitment to openness, respect, and mutual trust. While these values are universal, they take on a unique significance when building partnerships with Indigenous businesses.