i20 – Indigenous Business Summit

- September 10, 2014

i20 banner exampleTribal Wealth:
A campaign to elevate the critical role of economic opportunity as a key to the successful economic, social and cultural development of our people.

With the spotlight on Cairns for the G20 Finance Ministers’ meeting and the Central Bank Governors also convening, Cape York leaders seized the opportunity to call out to distinguished business leaders, government decisions makers at all levels and fellow Indigenous entrepreneurs from throughout their country to reinvigorate the development debate and elevate Indigenous economic development as the key to economic, social and cultural success.

  • Getting down to business: Cape York Traditional Owners at the i20 Summit in Cairns.

    The i20 agenda was powerful – to realise Indigenous right to development and free Indigenous Australia of the shackles of dependence on government and welfare.

  • The 20 in i20 represents land. Through land rights and native title, 20 per cent or 1.5 million square kilometres of the Australian land mass is now Indigenous-owned or controlled.
  • Land has become a significant asset, with attendant economic opportunities to be realised.

The i20 featured three key events:

1. Cape York “Open for Business” Summit – 17 & 18 September 2014

The Tribal Wealth paper was written for the i20 Business Lunch and serves to stimulate discussion about the critical role of economic opportunity as a key to the successful economic, social and cultural development of our people.

Launched the development of Cape York’s first Indigenous-led regional economic development strategy.

2. Empowered Communities Showcase Dinner – 18 September 2014

Leaders from Empowered Communities around Australia shared stories about their regions, their vision and their dedication to reform and the pioneering Empowered Communities initiative.

3. The i20 Business Lunch – 19 September 2014

“Tribal Wealth: An inclusive prosperity agenda” featured a panel of exciting thinkers discussing how government, corporates and Indigenous people can work together to create economic and social success. David Speers of Sky News facilitated an inspiring conversation which explored:

  • Tribal Wealth funds – resource royalties and how they can be put to better use in the development of Indigenous people
  • Investment in Indigenous economic development and how the expertise and resources of investors can drive innovative solutions for disadvantaged Indigenous communities
  • The role of government in procurement policy reform for  Indigenous services on Indigenous lands
  • and much more …

Click here to download the i20 agenda.
Click here to download the i20 brochure.
Click here to download the “Tribal Wealth: An inclusive prosperity agenda” paper.

The Cape York ‘Open for Business’ Summit

Thank you to Djarragun College hospitality students for ensuring our i20 Indigenous Businss Summit participants were well looked after.

More than 75 Indigenous business leaders, Land Trust Chairs and Native Title PBC Directors from across Cape York convened for two days to develop a clear vision and strategy focused on building real business and real wealth from the existing asset base of Indigenous Cape York.

Conversations covered:

  • Their entitlements
  • The opportunities for engaging in business that currently exists using their entitlements
  • The critical factors for success and the required enabling environment

Next steps

With support from Cape York Institute, participants will now turn this shared understanding into a clear collective vision and strategy to support translating entitlements and opportunity into real business and real jobs.

The i20 Business Lunch

 “…congratulations on the Tribal Wealth luncheon on Friday. I thought it was terrific, the quality of the panel was outstanding. I mentioned to several people it was one of the more motivating sessions I have attended since I began in the role with Jawun.  It really painted a picture of the thinking and opportunity for the future, the next wave of innovative approaches coming from the Cape.” – Karyn Baylis, Chief Executive, Jawun

The i20 Business Lunch panel included:

Sir Tipene O’Regan

i20 panel 2Sir Tipene is described by many as a national hero in his homeland of New Zealand. He led the Ngāi Tahu claims process before the Waitangi Tribunal and was the architect of the Treaty Fisheries Settlements.

The Hon Joe Hockey MP

The Honourable Joe Hockey, Treasurer of Australia, was in Cairns to chair the G20 Finance Ministers and Central Bank Governors. He briefed us on the work of the Australian G20 presidency on accelerating private sector led growth and building greater resilience and the opportunities this offers us.

Noel Pearson

i20 panel 3Noel Pearson has been at the forefront of the campaign for Indigenous rights and responsibility for more than 20 years. He set the scene for a spirited panel discussion on Indigenous economic opportunity.

Natalie Walker

Natalie is Kuku Yalanji and one of Australia’s most exciting young entrepreneurs, named in the top 100 Women of Influence in 2012. She is the founder of Inside Policy and established Supply Nation to help Indigenous businesses gain access to contracts.

The Hon Alan Tudge MP

Ai20 panel 1lan Tudge was appointed to the role of Parliamentary Secretary to the Prime Minister in 2013. Prior to entering parliament, Alan spent most of his career in business, including several years as the Deputy Director of Cape York Institute where he oversaw the design of the welfare reform program.

Mark Carnegie

Prominent investor and outspoken venture capitalist, Mark Carnegie, has more than 30 years of experience as an entrepreneur, investor and corporate adviser in New York, London and Sydney.

i20 4Bruce Martin

Bruce Martin is a Wik man from Aurukun in western Cape York Peninsula. In the last few years, he has been instrumental in the establishment of Aak Puul Ngantam (Our Ancestral Country) – APN Cape York – a community-owned organisation which has as a primary focus the development of productive livelihoods on traditional Wik country. Bruce is currently Managing Director of Regional Development Corporation.