Our Land Our Future
Our Land Our Future
The ILC’s Our Land Our Future program achieves benefits for Aboriginal and Torres Strait Islander people through land acquisition and management.
The ILC supports projects in a range of ways, depending on the nature of the project. The ILC may fund projects directly, work with potential co-investors, enter into a formal commercial partnership or become an owner-operator of an enterprise through a subsidiary.
The Board has committed up to $30 million to the Our Land Our Future program over three years for land-based projects over $100,000.
An additional $3 million is available annually to support small land-based projects (up to $100,000) through direct grant funding.
Our Land Our Future Program Brochure
The ILC's spectrum of assistance
|Direct grant funding
||Working with potential co-investors
||Formal commercial partnership
||Owner-operator via an ILC subsidiary
|Small land management grants for infrastructure and property planning projects
Urgent health and safety projects
Indicative project value: less than $100,000
|Support land management projects through a collective impact approach, well planned sustainable; projects well supported and able to leverage funds
Indicative project value: more than $100,000
|Invest in equity and market share and impact investing arrangements; including possible ILC representative on board, robust social and financial return on investment, sustainable and well managed Indigenous land.
|ILC establishing agriculture, tourism and environmental enterprises on Indigenous-held land, to increase productivity of Indigenous-held land. Provide Indigenous training and employment outcomes
|ILC value add services: legal, financial, training and employment, business advice and access to agricultural and carbon farming technical expertise
The ILC is committed to:
- Progressing divestment strategies with Indigenous people and groups
- Working with Indigenous landowners to manage arising challenges and opportunities for new and greater benefits from changing environments and industries from ILC-acquired properties
- Working alongside our subsidiaries in investing in over 300 Indigenous jobs per year in tourism and agriculture in rural and remote areas of Australia
- Pursuing opportunities in environmental off-setting services and carbon industry, including assisting Indigenous landowners to determine the feasibility of emerging opportunities and projects.