Established in 1987, the Indian Business Corporation provides access to capital for First Nations People in Western Canada to create opportunities for success and development.
Impakt conducted a socio-economic outcomes analysis (quantitative and qualitative) of IBC’s 25-year history of developmental lending. Impakt’s research included:
• The socio-economic impact of Indian Business Corporation’s (IBC) 25 years history of developmental lending in Alberta
• The potential for developmental lending delivered by IBC and others, to address shared priorities of oil and gas companies and related communities
• The business case and approach to developmental finance delivered by IBC
From one of 55 Aboriginal Finance Institutions to a developmental lender that has established its socio-economic value. The report was endorsed by IBC’s Board of Directors and other project stakeholders including Statoil Canada and the Government of Alberta. The report was also covered in most of Canada’s leading business publications (Business News Network, The Globe and Mail, Canadian Business). The results of this report increased IBC’s ability to leverage results to secure increased capital for lending to First Nations entrepreneurs.
“Paul Klein is a visionary who makes the impossible happen. Paul is truly a caring individual who wants and expects the world to be a better place. Our experience with Impakt has been transforming for us as an organization and our social responsibility but also for me personally.” Rob Rollingson, General Manager, IBC
Download the report: Unlocking the Potential of Developmental Lending