- Over the years, Tribal Chiefs Ventures Inc. has embarked on many projects and the Business Consortium is one of the major initiatives that TCVI pursued in addressing economic and energy developments in the region.
- The Business Consortium reflected the unity of the Tribal Chiefs Ventures Inc. member First Nations. We believe that development subsequently of Tribal Chiefs Development Inc. has better positioned the member First Nations in pursuing economic development initiatives. Pimee Well Services Ltd. began in the late 1980s as a company owned by five of the six member First Nations and continues today as a successful endeavour.
- In 2009/10 Tribal Chiefs Ventures Inc., in partnership with Human Services, Alberta Government, completed a “Needs Assessment” for Economic Development. This assessment included input from the six member First Nations.
- The following components were initially assessed by each of the communities and remain significant features for economic development:
- Delivery of Economic Development Programming
- Review of Job Descriptions
- Guidelines for Boards and Committees
- Access to Pre-Employment Training
- Labour Market background
- Existing accountability – newsletters, websites, community meetings
- Awareness of federal and provincial government programs
- Financial controls
- Strategic Planning and long-term community planning
- Business Entities and Partnerships
- Previously, in 2010 Tribal Chiefs Ventures Inc. staff and Economic Development Officers from the six First Nations attended the Federal Government’s presentation on potential changes in economic development programming through the Department of Indigenous Services Canada (ISC).
- An overview was provided to the Tribal Chiefs Ventures Inc. Chiefs with emphasis being placed on partnerships. The Chiefs agreed through a motion on May 5, 2011 that a Business Consortium be developed to advance best practices and further develop partnerships with industry. The idea was aimed at having all six First Nations sharing business experiences, pooling resources and equipment and successfully becoming engaged in larger scale projects and to develop new business opportunities that are not currently being realized by the member First Nations.
- In May 2011 a committee was formed, Tribal Chiefs Ventures Inc. and the First Nations began meeting with possible industry partners. For a time, Tribal Chiefs Ventures Inc. hired a Business Consortium Liaison Officer to move industry partnerships forward. This was of assistance to member First Nations in meeting training and employment goals and to create and sustain new businesses. Businesses needed to be both successful and competitive in the Alberta market.
- The Tribal Chiefs Ventures Inc. Board of Directors and staff would like to thank the partners for their ongoing support in joint initiatives. It is hoped that these efforts present opportunities for all partners to share resources, create employment, develop training models, and generally increase the standard of living and competitiveness of all.
- These efforts led to a new name for the business consortium, which is officially titled ‘Tribal Chiefs Development Inc.’. Watch for further updates regarding projects being undertaken.