Indigenous Business Australia (IBA) signs Memorandum of Understanding (MOU) with Export Finance Australia (EFA) to partner to improve access to financial services and support for Aboriginal and Torres Strait Islander people seeking to pursue export and trade opportunities.
The Hon. Linda Burney MP witnessed the signing of the MOU between IBA and EFA, which commits the agencies to enhance financial offerings to First Nations businesses. IBA CEO Kirsty Moore is proud to have collaborated with EFA’s Managing Director & CEO John Hopkins and his team to improve access and outcomes for First Nations businesses pursuing export and trade opportunities.
IBA’s CEO Kirsty Moore noted, “The MOU establishes a framework for discussion between IBA and EFA to work collaboratively to improve access to financial services and support for Aboriginal and Torres Strait Islander people seeking to pursue export and trade opportunities.”
EFA is the Australian Government’s export credit agency. EFA supports Australia’s trade and infrastructure agenda by providing commercial finance to support Australian exporting businesses and Indo-Pacific infrastructure development.
EFA Managing Director and CEO John Hopkins said, “We recognise the diversity and strength of First Nations businesses, and Export Finance Australia is committed to doing more to support them. This partnership will enable EFA and IBA to combine our expertise to better reach and finance First Nations businesses to grow and realise their export potential.”
The partnership will allow IBA and EFA to assist each other through:
The agreement will also enable both organisations to explore joint learning and development and marketing activities, including events.
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