Supply Nation model - Success and Sustainability
AIMSC welcomes the release of the Department of Education, Employment and Workplace Relations’ (DEEWR) review into the success and sustainability of AIMSC.
AIMSC was set up in September 2009 as a three-year project as part of the Federal Government’s commitment to closing the gap between Indigenous and non Indigenous Australians.
Though only in its second year of operation the report undertaken by PriceWaterhouseCoopers found that “While there are some areas for improvement, in many cases AIMSC has not only achieved - it has exceeded – initial expectations of growth within the pilot.”
Pre AIMSC Indigenous Australians were only one-third as likely to own their own business as non-Indigenous Australians – 6 percent compared to 17 percent. This figure was far worse in remote communities (2 percent) than in cities (7 percent).
AIMSC has become Australia premier Business to Business membership body dedicated to growing diversity within the supply chain of major business and Government agencies.
AIMSC Chief Executive Officer Natalie Walker welcomed the acknowledgement of success of the AIMSC model.
“In recognition of our success and the government’s commitment to Indigenous Economic Development the Minister for Indigenous Employment and Economic Development, Julie Collins announced a renewed commitment of $7.5 million dollars,” said Ms Walker.
“AIMSC provides a platform for real economic opportunities for Indigenous Australians and this is a critical component of the Government’s aim to close the gap of Indigenous disadvantage.”
Key Findings:
- AIMSC is recognised as a well-governed organisation with strong leadership and dedicated staff.
- Despite being in operation for only two years AIMSC has achieved significant success:
- Recruiting more than 100 corporate and government members and certifying more than 80 Indigenous businesses
- Facilitating $6.4 million in transactions between AIMSC members and Indigenous suppliers.
- Delivered successful networking and facilitation events including large trade fairs for members and suppliers.
Further information: Annie O’Rourke - 0488 557 166