Untapped Potential: A Case Study of Indigenous Economic Development Corporation Capacity in Federal Procurement

Read the report

Untapped Potential: A Case Study of Indigenous Economic Development Corporation Capacity in Federal Procurement

Published: November 6, 2024

Using desktop research, financial reporting, and in-depth interviews with IEDC employees, we aim to showcase how IEDCs generate revenue from a diverse business portfolio to support community activities. Social and economic benefits include enhanced employment opportunities, education or training resources, Elder programs, and own-source revenue for essential services and infrastructure.

Federal procurement has the potential to catalyze the growth of community-owned firms, enabling them to secure large contracts, build credibility, develop their capabilities, and establish extensive networks that facilitate market reach, thus increasing the benefits to the community while reducing their dependence on government subsidies.

This report highlights the Mikisew Group of Companies (Mikisew Group) as a case study. The case study explores the IEDC’s roles in procurement and its impacts on staff and the broader community.