About the Award
CCAB and Rio Tinto are proud to present the Aboriginal Economic Development Corporation (AEDC) award.
It takes vision, tenacity, and courage to support community economic development, and the recipients of the AEDC award have these qualities in spades. Responsible for wealth creation, rising levels of employment, and business development in Indigenous communities, the award recognizes an AEDC’s profound work and ability to increase the prosperity and sustainable economic development of entire communities.
The 2022 AEDC award was presented on April 28, 2022 at the East Coast Business Forum in Halifax.
The award is open to all Aboriginal Economic Development Corporations (AEDC) in Canada. AEDC’s are the economic and business development arm of a First Nations, Métis or Inuit government, and are a major economic driver for Indigenous communities. These community-owned businesses invest in, own and/or manage subsidiary businesses with the goal of providing financial support to advance community interests.
The corporations will have demonstrated effective economic leadership, skill and innovation. While special acts or other one-time achievements will be considered, this award will place special emphasis on effective and sustained efforts worthy of recognition. This justification will serve as the principal basis for the selection of the award recipient.
Project Size: What is the size and scope of the projects undertaken by the corporation? Are they ambitious?
Innovation: Is the corporation particularly innovative in the industries they operate in? Are they a major economic driver for Indigenous communities and have demonstrated effective economic leadership, skill, and innovation?
Economic Ecosystem: Have the activities of the corporation increased business and employment opportunities for its community members?
Measurable Results – Nominees must contribute in a substantive way to the economic well-being of their community. Their results are identifiable and measurable, and include economic development, employment opportunities, sustained business growth, start and maintain new ventures, and create options for the future.
Candidates are deemed ineligible if they have an existing formal relationship with CCAB (e.g. Board of Directors, CCAB Staff member, Corporate Sponsor, etc.)