Business Ownership

IBA’s Business Development and Assistance Program assists Aboriginal and Torres Strait Islander peoples to access the skills, knowledge and resources required to start and grow viable and sustainable businesses.

After hearing about your individual circumstances and identifying what stage of the business life cycle you are at, IBA can provide an assessment of the resources and assistance that will help you to achieve your business goals. We may also work with you to develop an action plan that will assist and better equip you to make informed decisions about your business future. Our locally based staff can work closely with you to support and guide you through your business journey in meeting the challenges of developing a successful business.

The business ownership life cycle

The business ownership life cycle


To participate in the Business Development and Assistance Program you must meet the eligibility criteria.

Eligibility criteria for individuals:

  • be of Aboriginal and/or Torres Strait Islander descent
  • be 18 years of age or older
  • cannot be an undischarged bankrupt or under consideration for bankruptcy

Eligibility criteria for business entities or not for profit organisations:

  • have at least 50 per cent Indigenous ownership
  • cannot be under notice of external administration or investigation.

Business skills workshops

IBA offers a range of tailored workshops to assist customers in meeting the challenges faced at each stage of the business life cycle. The free business skills development workshops include:

Download a copy of the Business skills workshops flyer (PDF 1.6MB, new window).


Business loans

Finance that is structured to suit the needs of the business is available to eligible customers in the start up, growth, maturity and repositioning phases of the business life cycle. It can be provided for working capital, purchase of existing businesses, plant and equipment and other commercial assets.

Features include:

  • competitive variable interest rates
  • loans from $10,000
  • no application or line service fees.

Operating leases

We also provide operating leases for property, vehicles, machinery, plant and equipment that are specifically for business use.

Invoice financing

Invoice finance can assist Indigenous-owned businesses to take advantage of new contract or sales opportunities that may otherwise be out of reach. We can provide working capital for up to 80 per cent of the value of your invoices, to enable your business to finance the usual costs of delivery, such as wages, inventory, raw materials and transport costs.

Business development support

Our experienced staff, equipped with a wealth of business knowledge and access to the latest industry benchmarks, can work with you to provide tailored business development support, helping you progress to the next stage of the business life cycle.

Our support helps you to develop and implement your ideas and includes general guidance and advice, business planning and assistance, strategic growth preparation, HR management, marketing and other services specific to your needs.

Working closely with our corporate and government partners we can also link you to other networks and resources providing information and support to help you realise your goals. IBA also has access to a range of specialist business consultants who can be engaged to provide technical expertise and coaching in helping you further refine your business proposal or development needs.

For more information

Being clear on your business goals, and gathering your documentation prior to having your business conversation with IBA will maximise the advice and assistance we may be able to provide.

Come along to a business info session near you to talk about what it takes to be in business, what steps are required to develop an idea into a business, and to find out how IBA can assist.

For more information, download a copy of our Your Business and IBA factsheet (PDF 876KB, new window) or call us today to discuss how we can work together to realise your business goals.

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