How Indigenous business owners are faring post-pandemic

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Indigenous businesses have faced unique challenges during the pandemic, and have learned from them

She says it’s important for her to share stories of Indigenous people across the globe through her chocolates, and launching an e-commerce business seemed like the only viable option.

Forty-three percent of respondents in the CCAB survey also reported that they don’t have a current lending relationship with a financial institution.Article content Don Ludlow, vice-president of small business, partnerships & strategy at RBC, says e-commerce has been extremely important for businesses across the board, not just Indigenous enterprises.Article content

Another resource Bull recommends is the National Aboriginal Capital Corporation Association — The NACCA is an umbrella organization for 59 Aboriginal financial institutions across Canada. The institutions have collectively provided $3 billion in loans to businesses owned by First Nations, Métis and Inuit people.

Raven Rising has retail partnerships across the country and Maki is currently setting up a brick-and-mortar space with a commercial kitchen and storefront in downtown Sudbury. Her top priorities for 2022 will be to pay off her loan and reinvest in the business.Article content

 

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