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Tropical Savannas Futures CRC: Enterprise development

Opportunities for micro- to small-enterprise development are cumulatively significant and provide important pathways for building business and other work skills

The CRC will work with Indigenous land managers to identify and initiate enterprises based on natural resources. In generating wealth and employment, these initiatives will also allow people to remain active on and care for country in a manner consistent with cultural values and obligations.

Specific opportunities include:

  • growth in arts and crafts (present turnover in the NT exceeding $30M a year),
  • new bushfood harvests ($14M nationally but presently little-sourced from the tropics and with great potential for growth), and
  • related tourism ventures.

Research has shown that there is a particularly high unmet demand for culture-based tourism products. The CRC will focus on developing strategies and toolkits for local communities to capture and maximise commercial and social benefits from tourism. Such ventures serve as pathways to business training, building capacity to engage in other, mainstream enterprise and enter regional workforces.

A key role for the Tropical Savannas Futures CRC will be to demonstrate feasibility of new products and enterprises and, drawing on the diversity of its partnerships, link investors to opportunities.