Russian Inuit see Makivik as business model

Earlier this month, the Makivik Corporation’s vice-president for economic development, Adamie Alaku, and Anthony Ittoshat, its treasurer, travelled to Moscow, Russia to share their experiences in economic development with aboriginal groups.
“The indigenous people there were looking for models to help them succeed and they found the model Makivik is based on to be very interesting for them,” Alaku said.

The Aboriginal Business Round Table focused on how indigenous groups in Russia could become more involved in economically developing their regions — some of which have vast oil and gas resources.

Participants discussed how Russia could promotes indigenous entrepreneurship as well as the ways groups might benefit from developing natural resources, agriculture and food, arts and crafts and market their distinct products and services.