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Boosting confidence and fueling the success of Indigenous entrepreneurs
Published on
June 18, 2024
In 2010, Sunshine Tenasco was travelling back and forth from university to Kitigan Zibi Anishinabeg, the Algonquin First Nation in Quebec where she was born and raised. She was thinking of becoming a teacher, but then another idea struck. What if she could sell her handmade baby moccasins in high-end stores?
Thankfully, she didn’t heed the words of her local economic development officer, who, when presented with the idea, suggested she stick to local craft fairs instead. That advice, if anything, made her think even bigger.
She decided to pitch her baby moccasin brand Quemeez on CBC’s Dragons’ Den and ended up securing a $20,000 loan from Dragons Brett Wilson and Arlene Dickinson.
She also came away with something far more valuable: confidence.
“Brett would message me randomly, connecting me with incredible people like Ellen DeGeneres because he believed in me,” she says. “He was training me to think bigger, and meanwhile, all I could think was, ‘How am I in these rooms with these people?’ “
His encouragement eventually gave her another idea.
“Going from my community to meeting with people who felt bigger than big really opened my eyes,” she says. “And that’s something we need in our community.” She started thinking of pow wows, the places where Indigenous people traditionally exchange ideas, and decided to launch a Dragons’ Den-style event that drew from them.
In 2015, as a single mom of four kids, with only $8,500 in crowdfunded prize money, Sunshine launched her Indigenous business pitch competition, Pow Wow Pitch, at the Ottawa Summer Solstice Indigenous Festival.
That inaugural year, 25 local entrepreneurs pitched their ideas to a supportive group of 10 local, non-Indigenous business mentors—volunteers from Ladies WHO Lunch—with the top three pitchers splitting the prize money.
It was such a hit, people from the audience rushed up to her afterward saying how excited they were to pitch next year, and the volunteer mentors—none of whom had ever been to a pow wow—enjoyed it so much, they also told Sunshine to count on them next year.
“They were learning as much about our community as the pitchers were learning about entrepreneurship,” says Sunshine.
Since that launch day, Pow Wow Pitch has grown into North America’s premier pitch competition, helped in part by the pandemic, which ushered in an online pitching component that enabled entrepreneurs based in remote communities to compete as well.
To encourage further participation, Sunshine’s eligibility criteria are simple: Indigenous people living anywhere on Turtle Island (the term sometimes used for North America) of any age or gender with an idea or business at any stage and in any industry can apply. So, it’s no wonder successful pitchers have launched everything from apparel and soap-making companies to trucking and digital marketing businesses.
How does it work? The pitch process is pretty simple, too. Read about it here.
This year, with the support and engagement of hundreds of volunteers and partners, more than 2,500 Indigenous entrepreneurs from across Turtle Island will pitch their businesses online and in person (the 2024 in-person events are here) for a chance to win cash prizes ranging from $500 to $25,000 (a total of $100,000 in cash prizes will be given away). And in addition to cash, winners receive mentorship, pitch training, promotional opportunities, access to a virtual marketplace and more.
Most importantly, says Sunshine, all pitchers gain access to a supportive community that believes in them. “We really feel the magic in person and feel the ripple effect for years after,” she says. “After pitching, the entrepreneurs feel ridiculously proud.”
That pride is not only fueling success in Indigenous communities from coast to coast to coast, but also spurring growth in the Canadian economy as well.
According to RBC, the rate of Indigenous business ownership is five times that of self-employed Canadians, and especially high among Indigenous women, who start businesses at twice the rate of non-Indigenous women (this aligns with Sunshine’s pitch participants, about 75% of whom are women).
RBC also reports that Indigenous businesses contribute more to the Canadian economy than the economic output of PEI and Newfoundland combined and are expected to grow to $100 billion in value by 2025.
Their backgrounds are as varied as their businesses. They come from all kinds of communities across Turtle Island, and live both on reserve and off. Read their stories here and see a snapshot of two of these amazing business owners below.
Sunshine’s next big goal is to be able to give away $1 million. However, to get there, she acknowledges she’ll need additional funding partners beyond RBC, Shopify and Mastercard (see her full partner list here).
She says the easiest way for most people to show support is to show up—either in person or online. “Watching the stuff we do at pitches and at the Indigenous Entrepreneur Awards, you’ll discover the game-changers we’re featuring.”
And when you show up, the most important thing you can do is to show your support because, as she says, “When one of us wins, we all win.”
Here are some ways to show support: