BDC Aboriginal Banking CANDO 2015: Sustainable Business Development - - PowerPoint PPT Presentation
BDC Aboriginal Banking CANDO 2015: Sustainable Business Development Case Study: Helios Whitefish River First Nation LP Joint Presentation: Sustainable Business Development > BDC Aboriginal Banking Catherine Roque, Senior Account Manager
CANDO 2015: Sustainable Business Development Case Study: Helios Whitefish River First Nation LP
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> BDC Aboriginal Banking
– Catherine Roque, Senior Account Manager – BDC Aboriginal Banking, Ontario Region
> Whitefish River First Nation, Economic Development
– Robina Kitchemokman, EDO
> Helios Whitefish River First Nation LP
– Jeff Scharf, President
Create jobs Build prosperity Take risks Innovate They make a difference
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Generate $22B in export revenue Generate $192B in annual revenue Employ 674,000 people
BDC Business Centres BDC Clients
OUR
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> Vision: Accelerate the success of Aboriginal entrepreneurs > Mission: Help create and develop Canadian businesses through financing, venture capital and consulting services, with a focus on Aboriginal SMEs
EMPLOYEES
ABORIGINAL BANKING EMPLOYEES
YEARS BDC
YEARS ABORIGINAL BANKING
CLIENTS
ABORIGINAL CLIENTS
TOTAL ASSETS
ABORIGINAL BANKING TOTAL ASSETS
Aboriginal Banking:
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Non-profits Sustainable Revenue- generating non-profits Social purpose companies
Traditional
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> BDC: first Canadian financial institution to receive B Corp certification; B is for “Beneficial”. > B Corps are businesses that act in ways that benefit society as a whole rather than focusing solely on making profits. > B Corps are recognized for creating greater economic
the environment. > BDC supports Sustainable business, or green business: an enterprise that has minimal negative impact on the global or local environment, community, society, or economy—a business that strives to meet the triple bottom line. > BDC financing Social Enterprise: People, Planet, Profits
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> Widely used and recognized green building standard in Canada and around the world. > In Canada, about 500 million square feet of space is certified
> Many Canadian municipalities have mandated that all their future buildings meet LEED standards, including:
– Halifax, Montreal, Ottawa, Winnipeg, Edmonton, Victoria & more
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> Working capital > Equipment line > Commercial real estate > Market expansion > Buying a business > Business restructuring > Technology financing –
Hardware │ Software │Consulting
> Start-up financing > Business succession > Intangible assets
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We are a patient, flexible lender > Higher risk tolerance > Credit decisions that go beyond the numbers > Terms and conditions designed to protect the company’s cash flow > Loans are non-demand > Open to partnering with
BDC Account Managers help entrepreneurs succeed
was the average size of our loans in F2014
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> Accelerate their growth > Improve their productivity (efficiency) > Build their organizational capabilities
Why we are different
We offer high-impact advisory services tailored to the needs of small and medium-sized enterprises
up to 25
higher sales growth for BDC clients using both financing and consulting services compared to non-clients
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Other industries
13% 13%
Construction
13% 13%
Manufacturing
21% 21%
Tourism
14% 14%
Transportation and storage
6% 6%
Wholesale and retail
14% 14%
Commercial properties
7% 7%
Service industries
12% 12%
Financing portfolio breakdown1
1 Commitment by industry sector as at March 31, 2014.
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> Overview of Whitefish River First Nation approach to Sustainable Business Development
Robina Kitchemokman Economic Development Officer CANDO 22nd Annual Conference October 29, 2015
about sustainable development opportunities to help us plan for today and the future
and investment projects will be shared throughout our presentation
Partnerships that we have entered into with various projects
we need (presently) without compromising the ability of future generations to meet their own needs” – 1987 Brundland Report
population consisting of two-thirds living off reserve.
Anishnawbe/Ojibway people who reside on the LaCloche peninsula in the North Channel of Lake Huron, at the north end of Georgian Bay. Is situated on Highway
school – over the age of 40 population have been out of work, uneducated, and desires to go back to work or gain new skills to become employed
through the New Relationship Fund.
successfully achieving and implementing 60-70 % of the goals and
success
discussions with membership through three sessions: i) Invitation to Community ii) Staff & Administration iii) Back to the Community for review and consultation iv) then it went to Leadership for final endorsement.
progress for economic growth.
Whitefish River First Nation
ECONOMIC DEVELOPMENT
2010-2015 STRATEGIC ACTION PLAN GOAL
To Increase equal
Employment & Training
GOAL
To create sustainable First Nation businesses.
GOAL
To protect land assets.
GOAL
To create sustainable financial Independence.
To increase
in Employment, Education & Training by developing plans to provide community members with successful skills for employment. To create sustainable First Nation businesses that builds WRFN’s economy by increasing independent business ownership opportunities. To protect all natural and heritage values in our land resources for sustainable development. Keeping true to our cultural values and aspirations. To secure sustainable funding for WRFN and its members through sound financial and business practices. Objective 1.1 To focus on Math, Science & English development from the earliest learning level through to grade 12 to enhance specialized career opportunities. Objective 2.1 To support and foster business development and existing businesses
Objective 3.1 To develop renewable energy through solar energy power project. Objective 4.1 To establish & promote access to a scholarship program to promote more graduates. Objective 1.2 To build collaborative partnerships with institutions to educate & train our members in various industries. Objective 2.2 To research, plan and implement tourism development opportunities for WRFN. Objective 3.2 To select appropriate land site for transmission line and expansion. Objective 4.2 To utilize charitable status to encourage corporate donors. Objective 1.3 To Increase the number of skilled workers in trades, training & apprenticeship to address existing Human Resource capacity. Objective 2.3 To expand Rainbow Lodge operations year round Objective 3.3 To explore, review and identify renewable natural resources. Objective 4.3 To assist Independent Retail businesses to create employment opportunities. Objective 1.4 To Develop a community-based vocational training centre to increase local access &
for employment. Objective 2.4 To establish a “purchase local” campaign i.e. utilizing local maple sugar camps/harvest Objective 4.4 To re-establish the Business Plaza for the First Nation.
The Anishinabek of WRFN will work in harmony while maintaining our culture, traditions and knowledge to enrich and empower our people. Mission: The Anishinabek of WRFN will strive for improved community well being by collectively protecting, strengthening and developing its resources and culture through mutual cooperation.
Goals and Objectives
1. Helios Whitefish River 2. First Nation Solar
(6 other First Nation Partners)
(7 other partners)
provincial) and the relationship with the Membership and Potential Partners
and clearly understanding what they bring to the partnership
the need to protect the First Nation through general partnership-limited partnership model
to investment.
partners on our culture, including them in our ceremonies, and explain how processes work in First Nation communities.
limited partnership? – job creation, permanent employment, building skills and enhancing the local workforce – Revenue generation – Adding to the local economy – Meeting local industry needs – Innovative and leading a potential industry
Whitefish River First Nation continues to move forward and grow its local capacity to engage in economic development opportunities:
certain industries ie. Agriculture, Tourism and Transportation
Attracting business(es) to work in WRFN
a small business
expansion
Robina Kitchemokman Economic Development Officer 17A Rainbow Ridge Road Birch Island, ON P0P 1A0 T: 705-285-4335 ext. 216 Email: robinak@whitefishriver.ca Website: www.whitefishriver.ca
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greenhouse market in the local and adjacent economies
methodology, skilled labour requirements
going operational costs
informed by the above study to assist in securing funding
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programs
important to educate about healthy food and where it comes from
environmental learning opportunities
development
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Questions Jeff Scharf, President (705) 207-1700 jscharf@helioswrfn.com www.helioswrfn.com
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Contact: Jeff Scharf, President Helios WRFN (705) 207-1700 jscharf@helioswrfn.com www.helioswrfn.com Robina Kitchemokman, EDO Whitefish River First Nation (705)285-4335 ext. 216 robinak@whitefishriver.ca Website: www.whitefishriver.ca Catherine Roque, BDC Aboriginal Banking, Ontario (705) 670-6486 catherine.roque@bdc.ca www.bdc.ca