Through the eBay Foundation’s Global Give: Rapid Response grant program, eBay employees help decide where to support untapped entrepreneurs in the communities where eBayers live and work around the world. This year, the annual Global Give program was adapted to make the employee input process simpler and the grant administration easier to get funds to nonprofit organizations and entrepreneurs more quickly in response to the tremendous challenges they face from the COVID-19 pandemic.
As a part of this year’s Global Give: Rapid Response program, Barayamal has been awarded a $50,000 USD grant from the eBay Foundation, which will be invested to support Indigenous entrepreneurship in Australia.
Dean Foley, Barayamal’s founder and CEO said, “This grant will be invested in the technology-based solutions we are building that empower Indigenous entrepreneurs to engage in our programs at higher rates and be a catalyst for strengthening Indigenous entrepreneurship in Australia. While Indigenous people only make up 5% of the world’s population, they protect 80% of the world’s biodiversity – the urgency to support Indigenous entrepreneurship is critical.”
The eBay Foundation is committed to supporting nonprofits organizations and entrepreneurs around the globe access relief and build resilience. “Barayamal is a leader in Indigenous entrepreneurship in Australia, and we are honored to be able to support the positive impact they are making to close the disparity gap with Indigenous entrepreneurs,” said Allie Ottoboni, President, eBay Foundation. “From running the world’s first Indigenous accelerator program and hackathon to school-based programs focused on empowering the next generation of Indigenous entrepreneurs, Barayamal’s programs bring much needed resources to Indigenous entrepreneurs.
The future of the Indigenous economy in Australia is rapidly growing despite lagging behind other Indigenous economies like New Zealand. According to the New Zealander Ministry of Business, Innovation and Employment figures estimate the Māori economy is worth $42.6 billion — a 15.4 percent increase from 2010.
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