Tivan to provide $1m in grant funding
Tivan (ASX: TVN) has established a community development initiative with the Central Land Council (CLC) to provide grant funding to support Traditional Owners and Native Title Holders in Central Australia.Tivan will provide up to $1m to fund regional community development initiatives, structured as $250,000 in initial funding, and three further annual funding stages of up to $250,000 over the next three years.Existing projects under the Community Development Program are targeted at delivering positive outcomes across health, cultural strengthening, education, infrastructure, employment and enterprise development.Tivan executive chairman Grant Wilson comments on the initiative.“The board of Tivan is proud to support this landmark initiative, that will provide much needed development funding to some of the most remote communities in Australia,” he said.“For too long resources companies in the Territory have adopted an adversarial and transactional approach to land access and have focused on bare minimum outcomes in respect of Aboriginal Australians. Tivan is different. The early and genuine inclusion of Traditional Owners and Native Title Holders is a foundational principle at our company, and we are committed to furthering a durable alignment of interests throughout the project development lifecycle.“Tivan will fundamentally reshape how resources projects are developed in the Territory in the years ahead.”Tivan says that wherever possible, initiatives are delivered in partnership with Aboriginal-controlled organisations and companies, strengthening local capability and economic participation.
