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Aboriginal Development Benefits Trust

Aboriginal Development Benefits Trust - Empowerment through business

  • ABDT Business Programmes
    • Small Business Finance
    • Business Support Program
    • Before You Get Started
    • Eligibility for ADBT Programs
  • ADBT Community Programmes
    • Economic Development Program
    • Infrastructure Program
    • Indigenous Sports Development Program
  • Indigenous Economic Development
  • ADBT Business Investments

Before You Get Started

Previous experience in providing loans to small business in the Lower Gulf and associated business support has shown:

– The level of literacy and numeracy skills make basic business administrative processes very challenging notwithstanding that they generally need to be outsourced

– Access to appropriate administrative support services and facilities is limited

– There is a low level of skills and understanding of basic business concepts

– Family financial pressures can cause crippling cash demands on a successful business

– A life of relying on welfare can, on occasions, cause an attitude of over dependence on support and abdication of responsibility for business failure

Sunset

– There are limited commercial opportunities in the Lower Gulf Communities of sufficient scale to justify investment

– Seasonal factors can result in a business being unable to trade for extended periods during the wet or require substantial stock holdings to enable continuation of service delivery

– Freight and logistics costs are a significant impost

– There is a perception in the Communities that funding is a local right and the concept of repaying business loans is not taken seriously

– Business operators experience family and other pressures that can lead to cash exiting the business for private purposes leaving business expenses and obligations unpaid

– No matter how much support is provided there will still be business failures

– Community members are often to shamed to ask for support until it is too late

– Some business operators need a significant amount of assistance and support for extended periods of time often for several years

– The growing presence of and access to internet shopping

– Lack of access to skilled staff

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Indigenous Sports Development Program

ADBT Indigenous Sports funding will be available to support young Indigenous sports persons. The grant aims to support and assist eligible individuals compete at regional, state, national and international sporting events and regional teams and regional events.

Click here for Details

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