AWARD PROGRAM OVERVIEW
The Indigenous Business Award (IBA) program is Indigenous led and recognizes the outstanding accomplishments of Indigenous businesses, entrepreneurs, partnership entities and community-owned enterprises. The IBA program gives voice to Indigenous entrepreneurship while modelling success for other aspiring entrepreneurs to follow.
WHY NOMINATE OR APPLY
The IBA program serves: to identify and recognize successful Indigenous businesses; to honour and celebrate Indigenous business achievements; and to support and sustain Indigenous entrepreneurship.
DATES TO REMEMBER (2026 award program)
February 15 – Deadline to submit for the 2025 award program
Summer – Awardees Announced
October – IBA Gala Dinner & presentation ceremony
The completed nomination form and all materials must be by submitted by February 15 @ 11:59 p.m. for the nomination to be considered for the 2025 award program.
Save and Continue Later – If you don’t have all the information on hand, click on the ‘Save and Continue Later’ button at the bottom of the online nomination form – you will be prompted to enter your email and will receive a link that you can access and complete your nomination prior to the deadline.
CHECKLIST – BEFORE YOU START
- Review the IBA Nomination Guide with tips for submitting a compelling nomination
- Ensure the nominator and nominee meet the eligibility criteria
- Prepare the Business Description, Nominator Statement, Community Impact & Ownership Structure statements in a word document, then copy and paste the content into the required field
- Have all nominator and nominee contact information
- Have all documents ready to upload
- Schedule 15-20 minutes to complete the form
CATEGORIES
Individuals and businesses may enter in ONE category only.
Young Entrepreneur of the Year: this award recognizes success by a young entrepreneur in the operation of an existing business. Nominees must be aged 35 years and under by February 15, 2025, have been in business for at least two years, and the business must be at least 51% Indigenous-owned and operated (First Nations, Métis or Inuit).
Business of the Year (the business must be at least 51% Indigenous-owned and operated): these awards recognize the outstanding achievements of Indigenous entrepreneurs in three sub-categories:
- Businesses with 1-2 employees
- Businesses with 3-10 employees
- Businesses with 11+ employees
Community-Owned Business of the Year (businesses must be 100% owned by the community): this award acknowledges one or more businesses owned by a community with the intention of building a strong economic foundation for community members. There are two sub-categories for this award:
- Community-Owned one entity
- Community-Owned two more entities
Business Partnership of the Year (Indigenous ownership must be at least 50%): this award recognizes a business partnership created by two or more parties.
Award of Distinction: the Award of Distinction for lifetime achievement is presented to a person who, over his or her career, has made a significant difference in the Indigenous business community through his or her entrepreneurial endeavours and, in doing so, serves as a leader, role model, mentor and inspiration. The individual may be an innovator in his or her business activities, a successful entrepreneur, or an individual who has been instrumental in supporting or creating Indigenous business activities in the province.
NOMINATOR ELIGIBILITY
Any person, group or organization may submit nominations for the award with exceptions noted below:
- Current members of the jury panel, or members of the jury panel’s immediate family may not submit a nomination
- BC Achievement board members may not submit a nomination
- Family members (e.g., parents, grandparents, aunts, uncles, siblings, cousins) may not submit a nomination
NOMINEE ELIGIBILITY
An eligible nominee must be a business that:
- Is at least 51% Indigenous owned and operated (First Nations, Métis or Inuit)
- Is based in British Columbia
- Has been in operation for a minimum of two years
A business may self-nominate (i.e., apply for the IBA program).
The following are ineligible to receive the Award:
- Government agencies and institutions
- Businesses operated or owned by BC Achievement board members
- Businesses operated or owned by a member of the jury panel
- Posthumous nominations
- Recent past award recipients*
*Past award recipients must wait five years before reapplying unless the nature of the business has significantly changed.
*Visit BC Achievement’s Awardees webpage to see if your nominee is a past recipient of the award.
Award of Distinction Nominees – the following individuals are ineligible to receive the Award of Distinction:
- A current BC Achievement board member
- A current member of the IBA jury panel
- Posthumous nominations
An individual may not self-nominate for the Award of Distinction category.
SELECTION OF AWARDEES
An independent jury panel representing Indigenous business expertise throughout BC evaluates nominations based on the documentation provided. They jury selects one recipient in each category. The decision of the jury is final. Nominees are notified only if selected for an award. Nominators are informed as to whether or not they have been successful with their application.
SELECTION CRITERIA
Award recipients are selected based on the nomination material submitted by the nominator and the criteria of:
- Leadership
- Community Impact
- Innovation
- Sustainability
RECOGNITION
IBA recipients receive a cash prize bursary and are featured in a recognition film produced by BC Achievement. In addition, they receive a medallion and lapel pin designed by renowned artist Robert Davidson, OC, OBC.
Recipients are granted use of the Indigenous Business Award seal to signify their entrepreneurial excellence.
A gala dinner is held to celebrate the achievements of the awardees in Vancouver.
Rescission of an Awardee’s Recognition
Advisory Panel
- Brenda Baptiste, OBC – Chair, Indigenous Tourism BC
- Jacob Beaton – Founder, Tea Creek Enterprises, 2009 Awardee
- Paulette Flamond – Executive Director, Northeast Aboriginal Business Centre, 2019 Award of Distinction
- Denise Halfyard – Founder, Halfyard Consulting, 2011 Awardee
- Peter Lantin – Director, Prince Rupert Port Authority
- Alexia (Lexi) McKinnon – Director, Indigenous Programs, SFU
- Jeff Ward – CEO Animikii Indigenous Technology, 2010 & 2019 Awardee
- Laara Yaghujaanas, MA – Consultant, Carden Consulting
Supporting Organizations