Indigenous Leaders: Organization to help Indigenous businesses get more procurement contracts – Northern Ontario Business
March 6, 2024
The First Nations Procurement Organization (FNPO) wants to help Indigenous businesses from across Canada land more federal procurement contracts.
Each year, the federal government spends roughly $22 billion on goods and services, procured from business from across Canada.
But just one per cent of that currently goes to Indigenous businesses, and the FNPO wants to change that.
“This initiative embodies a beacon of hope, symbolizing the collective strength and determination of First Nations representatives united in their resolve to bridge the economic disparities that have long persisted,” Shannin Metatawabin, CEO of the National Aboriginal Capital Corporations Association (NACCA), said in a news release.
