Market promotion and development
Promote demand for Indigenous products and services, facilitating the connection between supply and demand.
Legado Circular
Legado Circular
The initiative seeks to contribute to strengthening Indigenous businesses and their capacities, as well as those of future generations of Indigenous entrepreneurs in Chile’s Northern and Central-Northern Macrozone.
Context
The importance of strengthening the development of Indigenous communities
Despite the progress made in recent decades, Indigenous communities in Latin America continue to face serious economic and social challenges. Although they represent 8% of the region’s population, they account for:
- 14% of people living in poverty.
- 17% of those living in extreme poverty.
Factors such as lack of access to quality education, exclusion from new technologies, gender inequality, and limitations in access to financing hinder the progress of these communities, whose economies are deeply connected to their culture, spirituality, and relationship with the environment. Therefore, any action requires a comprehensive approach.
What are the challenges facing these communities?
- Strengthening their economic autonomy.
- Promotion of intercultural education.
- Generation of decent jobs.
- Promotion of entrepreneurship.
- Certification of Indigenous businesses.
- Lack of public policies in regions with a larger Indigenous population, such as Tarapacá, Antofagasta, Atacama, and Coquimbo.
Objectives
Objectives
Circular Legacy aims to contribute to strengthening Indigenous businesses and their capacities, as well as those of future generations of Indigenous entrepreneurs in Chile’s Northern and Central-Northern Macrozone, with their own identity as peoples and territories, for the cultural revitalization of Indigenous peoples, their economic autonomy, and the promotion of sustainable and inclusive development for the country. In addition to:
- Culture and spirituality: Revitalize Indigenous culture and spirituality as the foundation for the impact and territorial rootedness of Indigenous businesses.
- Capacity building: Promote capacity building among Indigenous business owners and entrepreneurs to strengthen the economic and territorial development of Indigenous businesses.
- Connection: Connect the business and education sectors with Indigenous peoples to strengthen a present and future Indigenous entrepreneurship ecosystem.
Impact
Expected results
Financial mechanisms
Design a financing model for Indigenous businesses, defining mechanisms adapted to their needs and financial institutions to manage them.
Awareness raising and advocacy
Creation of an enabling environment for the development of Indigenous businesses.
Training and capacity building
Develop skills among Indigenous entrepreneurs and youth, providing them with tools for business management.
Ecosystem development
Promote an Indigenous business ecosystem and ensure the program’s long-term financial sustainability.
Associated SDGs
Associated SDGs
This initiative contributes to the following Sustainable Development Goals:
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