First Australians Capital
Funding area: Inclusive economy
First Australians Capital (FAC) is an Indigenous founded and led organisation that believes in the cultural, creative and economic capital of Indigenous Australians to
achieve self-determination and economic justice.
FAC focuses on early stage and start-up Indigenous-run businesses, providing a range of resources including professional business support and services, networking and access to financial capital.
Visit website: firstaustralianscapital.org
Impact Strategy and Investment Mandate
$40,000 Signature grant (2021)
FAC was established in 2016 to address two significant gaps in the Indigenous business ecosystem, business development and support and access to start-up capital and mainstream finance. To date, FAC has supported over 400 Indigenous-led organisations with thousands of hours of mentorship, guidance and advice, and access to over $42m in capital.
Mannifera funding is supporting the development of FAC’s 2030 Economic Horizon for Indigenous-led Impact Strategy and a five-year strategic plan that will lead to an Investment Mandate to grow and scale FAC’s work. This will support progress towards the long-term goal of an Impact Investment Fund.