As Indigenous Business Month draws to a close for 2020, the Indigenous Business Sector continues to grow. Celebrated each October, Indigenous Business Month promotes the variety and depth of Indigenous businesses thriving nationally.

The Indigenous Procurement Policy (IPP), administered by the NIAA, is supporting this growth and has helped to generate more than $3.5 billion in contract opportunities for Indigenous businesses since it launched in 2015.

This has involved over 24,470 Australian Government contracts awarded to more than 2,140 Indigenous businesses. These contracts span diverse industries including clothing and safety equipment, information and communications technology, construction, recruitment as well as legal and financial services.

The IPP requires Commonwealth agencies to meet annual purchasing targets from Indigenous businesses. In addition, under the IPP, suppliers must meet minimum requirements for Indigenous participation in the delivery of high value Commonwealth contracts. Together these measures are driving unprecedented demand for Indigenous business.

The Government will continue leveraging the strength and resilience of Indigenous businesses to deliver services and projects across Australia.

For more information, visit the Indigenous Procurement Policy.

More information on Indigenous Business month.