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The international appetite for First Nations products and services is not just growing - it is thriving.
Trade and Investment Queensland (TIQ), the Queensland Government’s global business agency, has recognised the burgeoning demand and has made it their mission to elevate First Nations businesses onto the global stage.
Caption: Attendees at Trade and Investment Queensland's First Nations Business Sector Workshop.
Trade and Investment Queensland CEO Justin McGowan said their commitment was unwavering.
“We are committed to increasing export opportunities for these inspiring businesses,“ Mr McGowan said.
"We know First Nations goods exporters generated more than $670 million in turnover in 2022-23. The challenge, however, lies in sourcing and supply. “
- TIQ CEO Justin McGowan.
First Nations businesses can reap benefits of export success
Many Indigenous businesses in Queensland are not yet fully aware of the tremendous export opportunities available to them.
Mr McGowan said this is where TIQ steps in.
“Our role is to bridge this gap by creating awareness of the opportunities and providing the necessary support to help First Nation’s businesses thrive internationally.
“Our biggest challenge is getting the word out to First Nations businesses, encouraging them to engage with us.
“Expertise and connections are crucial, and having TIQ beside you is a distinct advantage. Our international network of Trade and Investment Commissioners, along with their local teams, spans 16 countries.
“Additionally, we are deeply integrated into our regions with eight offices across Queensland and one in Brisbane.”
Free export assistance available
TIQ offers the experience and market knowledge needed to navigate complex international regulatory environments, all at no cost.
This support is invaluable for First Nations peoples and their teams looking to expand their horizons and tap into new markets.
Jack Reis, Co-founder and CEO of Baidam Solutions, and a proud Torres Strait Islander, chairs the First Nations Advisory Committee. He also holds a seat on TIQ’s Board. His leadership and insights are instrumental in guiding TIQ’s efforts to ensure effective support of First Nations businesses.
First Nations Export Discovery Roundtable opens dialogue
Recently, as part of the consultation process for the First Nations Strategy, TIQ hosted a First Nations Export Discovery Roundtable in Brisbane.
This event was pivotal in understanding the unique challenges and opportunities facing Queensland’s First Nations businesses.
It provided a platform for open dialogue and collaboration, ensuring that TIQ’s strategies are aligned with the needs of First Nations founders, CEO’s and their teams.
Caption: TIQ CEO Justin McGowan with Kylie-Lee Bradford, CEO of Kakadu Organics.
“The roundtable revealed some important and very valuable insights,” said Mr McGowan.
“Understanding the market and cultural nuances is crucial. Businesses must be prepared, with a deep understanding of buyers, capacity to meet demand, and logistics knowledge.
“First Nations products offer unique cultural significance, creating a distinct unique selling point.”
Enhancing export support for First Nations businesses
Respect for culture is paramount, and developing metrics to measure intangible cultural aspects is also necessary.
Workforce development is also important, with a need for more First Nations participation in supply chains and the roles they play.
“With any business success, building relationships and maintaining clear communication is vital,” he continued.
“We are also aware that opportunities for First Nations women-led businesses, especially in foods and botanicals, are extremely promising.”
Economic development opportunities abound, with a focus on using foreign direct investment to support First Nations owners.
“The excitement and participation from the roundtable attendees underscore the potential for future growth and collaboration.
“TIQ will host additional roundtables in Townsville, Mackay, Gladstone and Toowoomba over the coming months, and this valuable feedback will be used to effectively inform the First Nations Strategy being developed”.
Get in touch to access export support for First Nations Businesses
First Nations businesses in Queensland are encouraged to make contact with TIQ to understand their export potential, and ensure they are well-prepared to enter and thrive in global markets.
Contact
Jamie Healey, First Nations Business Advisor
jamie.healey@tiq.qld.gov.au
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About Trade and Investment Queensland
Trade and Investment Queensland is the Queensland Government’s dedicated global business agency with representation in 16 countries, across 21 locations, with 12 Trade and Investment Commissioners covering seven regions around the world. TIQ helps Queensland companies access international markets and facilitates foreign investments in the state. Contact us.