Youth Entrepreneurship: A Tradition of Raising the Future – ICC
The Numbers Behind Indigenous Business Growth
Despite the energetic momentum, Indigenous business owners still contribute a modest share relative to their population. As of recent data, 1.1% of Canadians aged 15+ are Indigenous entrepreneurs as compared with the national average of 2.3%. Sweeping change is underway, however, with Indigenous-owned businesses accounting for nearly $50 billion of yearly output and over 50,000 companies operating today.
Indigenous women, in particular, are at the forefront of this entrepreneurial dynamism. Indigenous women are twice as likely to own businesses than their non-Indigenous counterparts, moreover youth entrepreneurs tend to be early adopters of technology at more than double the average rate.
