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:
- developing and investing in land-based enterprises that create Indigenous employment and other significant benefits for Indigenous people
- providing protection and long-term management of land with cultural and environmental values and assets
- maximising the productivity and use of Indigenous- held land that will deliver the greatest benefit for Indigenous people, and
- investing in land assets and enterprises that are economically sustainable, can leverage investment and take advantage of emerging markets and supply chain opportunities.