First Australians Capital
Since 2016, First Australians Capital (FAC), a national Indigenous-led fund manager and business advisory organization, has worked with more than 800 Indigenous businesses and entrepreneurs. FAC invests in Indigenous-led businesses, which have historically had to rely on unsuitable financial products from traditional banks, to help them grow and scale. In November 2023, Block announced a planned investment of $3M AUD in capital to FAC’s Catalytic Impact Fund.
FAC has a goal to leverage $1B in capital for investment in Indigenous businesses by 2031.
First Australians Capital
Since 2016, First Australians Capital (FAC), a national Indigenous-led fund manager and business advisory organization, has worked with more than 800 Indigenous businesses and entrepreneurs. FAC invests in Indigenous-led businesses, which have historically had to rely on unsuitable financial products from traditional banks, to help them grow and scale. In November 2023, Block announced a planned investment of $3M AUD in capital to FAC’s Catalytic Impact Fund.
FAC has a goal to leverage $1B in capital for investment in Indigenous businesses by 2031.
By the numbers
600+
businesses have worked with FAC since 2016
220
new jobs created
2.8x
projected revenue increase for businesses over 2-year forecast
81%
average top-line growth across portfolio of funded businesses
$65M+
in cumulative funding leveraged for investment into Indigenous businesses
80%
of businesses demonstrated improved business outcomes
Source: First Australians Capital
By the numbers
600+
businesses have worked with FAC since 2016
220
new jobs created
2.8x
projected revenue increase for businesses over 2-year forecast
81%
average top-line growth across portfolio of funded businesses
$65M+
in cumulative funding leveraged for investment into Indigenous businesses
80%
of businesses demonstrated improved business outcomes
Source: First Australians Capital
“I’m really passionate about changing the power dynamics of capital. I think that our society, our Western mindset, our capitalist mindset, allows only a handful of people to hold capital and make the decisions about where and when to invest. I’d love to see our businesses, who already have capital, support other businesses in accessing it.”
“I’m really passionate about changing the power dynamics of capital. I think that our society, our Western mindset, our capitalist mindset, allows only a handful of people to hold capital and make the decisions about where and when to invest. I’d love to see our businesses, who already have capital, support other businesses in accessing it.”