Luminary

Budget

The one year planning process phase will require a budget in the range of $550-600k/year. This will be identified from a variety of government, research agencies and philanthropic sources. 

The core project staff will consist of three professional/management staff, one administrative coordinator and part-time accounting support. Program and consulting costs for academics and consulting specialists will be leveraged to conduct a wide range of activities and reports in the planning stage with a number of planning outcomes including, but not limited to, the following:

  1. Two mapping exercises, one for the Academic and one for the Indigenous economic/business community – the current state of Indigenous economic research and innovation;
  2. Development of Indigenous community research and innovation baseline assessment tools for well-being;
  3. Targeted position, policy papers and case studies,
    1. Research & economic modelling e.g. Indigenous innovation in the Agriculture/ Agrifoods sector
    2. Templates and Case studies on Innovation and Knowledge Transformation
  4. Programming design in the five thematic areas:
    1. Innovation Awareness and Education
    2. Research Collaborations
    3. Knowledge Transfer and Dissemination
    4. Knowledge Mobilization and Indigenous Business Innovation
    5. Indigenous Research Talent *Includes finalizing an Indigenous research student (Masters and PhD. Student) engagement survey instrument and beta testing;
  5. Development of a communication strategy for the planning stage and the Five- Year Strategy & Business Plan;
  6. Modelling and tools to address the Engagement Gap and Competencies needed;
  7. Program design and Modelling (samples program concepts from pg. 8)
    1. Engagement Training and Facilitation
    2. Matchmaking Services - Researchers + Indigenous businesses
    3. Indigenous Open Research Knowledge Repository
    4. Annual Professional Development Conference – Student Indigenous Researchers
    5. Annual Indigenous Innovation Summit/Gathering
  8. Business planning specialists and business plan;
  9. Research agency special advisor to develop collaboration models, support, and alignment with Luminary.
  10. Strategic and Business Plan: 2021-2026 - Appendix 3. A draft sample table of contents is attached in Appendix 3. It will be adjusted and finalized based on the outputs generated in the planning stage.

The annual needs of Luminary will of course depend on the kinds of programs, services and mechanisms that will be recommended through the planning process. In fiscal 20/21, an annual budget will be identified in the five-year business plan. A sample ‘table of contents’ for the business plan is described in Appendix 3.

Concluding Remarks

As Canada and the world wrestles with the Covid-19 virus there are growing discussions which recognize the widespread impact of the current crisis. Business will never be the same again. As the country and the world resets it will be a very different business environment which will require new approaches to achieving competitiveness and employment outcomes. Indigenous businesses will be looking for ways that they can recalibrate in this new environment and leap ahead with new business and labour market approaches. There are opportunities ahead, but new strategies and partnerships are needed to ensure that Indigenous people are not left behind. New pathways to success are needed. The time for Indigenous-led Innovation is now.

Kelly Lendsay
President/Chief Executive Officer
P 306.291.0424
email|klendsay@Indigenousworks.ca

Craig Hall
Chief Operating Officer,
P 902.665.2257
email|Chall@Indigenousworks.ca

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