Community Business Development Success Story

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1 Community Business Development Success Story CIRCLE OF COMMITMENT Presented by: Date: Shawna Morning Bull, Shane Breaker & Tony Colabella Wednesday, February 8, 2017

2 We are pleased to co-present an overview of how CFT7, MNP and SRDL have worked together to support Community Business Development. The following initiatives will be discussed in greater detail: CFT7 and its Business Support Services MNP s involvement throughout Siksika Resource Developments Limited (SRDL) Business Development in action Page 2

3 About CFT7 PROGRAMS Western Economic Diversification General Loan Fund Disability (Entrepreneurship) Indigenous Relations Business Support Officers Business Support Initiative Entrepreneurship Training Third Party Consulting First Nations Entrepreneurial Youth Symposium Page 3

4 CFT7 s Business Loans Business loans to Treaty Seven Nation Members 51% percent interest in a business on or off reserve, excluding agriculture loans Loans up to $33,000 for asset purchase, equity and joint venture participation Loans must have community support (Band Council Resolution) Page 4

5 CFT7 s Business Loans Cont... Purpose of loans primarily for business creation and expansion Emphasis on loans that would not otherwise qualify at a conventional financial institution All loans require equity 10 % Only viable business opportunities approved Emphasis on loans that will generate long term full time employment for on or off reserve residents or Treaty Seven members Emphasis on loans that can assist clients to leverage outside funding Equity financing Life insured loans Page 5

6 CFT7 s First Nations Entrepreneurial Youth Camp August 20-25, 2017 Tailored to meet the needs of youth entrepreneurs between the ages of years (480 youth). One week intensive training on the fundamentals of completing a Business Plan consisting of: Guest Speakers, Accounting, Marketing, Small Business Law, a Bankers Panel and Risk-Taking Activities. Participants leave with a completed Business Plan and knowledge of Small Business Ownership and Operations. Page 6

7 CFT7 s Business Support Services Reviewing business plans Identify potential opportunities Business counselling Entrepreneurial training Business financial control assistance Networking with other lenders and/or Aboriginal Financial Institutions Business Consultant Services Page 7

8 CFT7 s Business Support Services Cont... Since 2011, Community Futures Treaty Seven has hosted a Business Resource Support Group. The following are committed partners: Blood Tribe Economic Development, Piikani Economic Development, Siksika Resource Development Ltd., Stoney Nations, and Tsuu Tina Nation Aboriginal Futures Career Centre Alberta Indian Investment Corporation Business Link - Aboriginal Business Development Services CFT7 Business Development Program and Disability Program Futurepreneur Indian Business Corporation Junior Achievement Southern Alberta MNP Representatives from each organization form part of the planning committee Page 8

9 CFT7 s Business Support Services Cont... Additional strategic partners are brought in as necessary to support the planning committee and inform projects, examples include: PetroCanada/Suncor SAIT/Chinook Lodge Urban Systems Pembina Pipelines Page 9

10 CFT7 s Business Support Services Cont... Business Support Service s Vision: Treaty 7 is Canada s preeminent Indigenous Entrepreneurial hub. Business Support Service s Mission: Community collaboration that supports, engages, and empowers Indigenous Entrepreneurs in T7 region. Page 10

11 CFT7 s Business Support Services Cont... CFT7 s Business Support Services plans and hosts different types of business development initiatives throughout the year, including: Entrepreneur capacity building in and for T7 First Nations. First Nation Entrepreneur Symposiums (FNES)/First Nations Business Builder Series (FNBBS - major event planned and hosted annually. To-date there has been over 700 participants who have attended the FNES/FNBBS. 148 small businesses have been showcased as part of a mixer at the event, and all were from Treaty Seven communities and surrounding area. The event s theme shifted a couple of years ago to We re Open For Business. Page 11

12 Why are we doing this? Strength and effectiveness through collaboration Duplication of effort(s) Treaty 7 communities are engaged and aware of support services available Confusion Number of successful, sustainable entrepreneurs Page 12

13 About MNP MNP is an Accounting/Business Advisory firm 70 + locations across Canada MNP has a focus on specific industry & specialty groups Aboriginal Agriculture Business Owner Services Credit Unions Forestry Hutterite Services Manufacturing Non Profit Oilfield Services Professionals Public Companies Public Sector For more than 25 years, MNP has been acting as independent auditors or accountants for more than 250 Aboriginal groups, including First Nations, tribal councils, organizations and First Nation community - or individual - owned businesses across Canada. Page 13

14 MNP s Support of Economic Development through Entrepreneur Training MNP successfully delivered the pilot Aboriginal Entrepreneur Training (AET) program in Alberta during the spring of 2006 with the support of the Government of Alberta and contributions provided by First Nation communities and support organizations. Since then, MNP has delivered training programs in communities across Alberta. Hundreds of individuals to date have built capacity in entrepreneurship and training allows these participants to take a greater role in self-sustainment, the local economy and in their community s economic development by allowing them to start or expand their own business. In 2011 MNP supported The Big!dea - and I was asked to join CFT7 s Business Support Services. Page 14

15 MNP s Support of Economic Development through Entrepreneur Training The Purpose is to develop: Continued growth, innovation, and employment Positive social-economic change A stable environment sustaining business and economic activities A skilled and educated workforce Sustainable communities Increased employment and individual sustainability Strong families, secure income, interesting careers, and basic necessities for comfortable and happy lives Page 15

16 MNP s Support of Economic Development through Consulting Services The objective process MNP took that resulted in successful implementation of on-reserve Business Plaza and related business entities: Page 16

17 About Siksika Nation Siksika Nation Blackfoot Confederacy Treaty #7 Land Base: second largest reserve land base in Canada with 175,646 acres Located in Southern Alberta, 80kms East of Calgary Population: 7,500+ Page 17

18 About SRDL Siksika Resource Development Ltd. (SRDL) Incorporated in operational companies 61 employees Core Business Areas: Energy Services Agriculture Construction Holdings Retail Page 18

19 SRDL s Energy Core Siksika Energy Resource Corporation Siksika Rock Products Aggregate Products 170,000 tons per year Siksika Energy Limited Partnership On Reserve Oil & Gas Working Interest Page 19

20 SRDL s Agriculture Core Siksika Irrigation Land Corporation 33 irrigation leased pivots 4,500 irrigated acres, 1,050 dryland corners Siksika Farms Irrigated and dryland farming of cereal crops Total acreage: 4500 acres Siksika Ranch Cow/Calf operation Total head: 490 head Page 20

21 SRDL s Construction Core Niitsitapi-Graham LP Partnership with Graham Industrial Joint Venture since 2012 Regional construction works Bassano Dam Expansion Siksika Business Plaza Siksika Industrial Park 2013 Flood Recovery Bow River Page 21

22 SRDL s Property Holdings Siksika Holdings Inc. Investment Properties 16 th Avenue Siksika Calgary Office Applewood Townhomes x 16 Siksika Economic Development Corporation Own & Manage Siksika Tribal Administration Building Page 22

23 SRDL s other Partnerships Sandhills Recruitment Agency Sun Roads Farmory Siksika Herbz Capital Power Siksika Hospitality Page 23

24 SRDL s Retail Core Siksika Business Plaza Fuel & Convenience 2017: Expansion to a Business Retail Bays and Nation owned Grocery Store SiksikaTEL Internet/Phone service provider Siksika Business Centre Conference & Meeting Centre Siksika Industrial Park 100 acre Industrial Park subdivided into 28 lots Page 24

25 SRDL s Community Business Development Siksika Business Plaza Encourage local entrepreneurs to lease bays 1,500 square foot store front x 5 Low risk, high reward location 13,000 travellers per day Anchor tenants: Page 25

26 SRDL s Community Business Development Siksika Nation Business Plaza Page 26

27 SRDL s Community Business Development Siksika Nation s Business Plaza is strategically located Page 27

28 SRDL s Community Business Development Page 28

29 Thank You. Page 29

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