ICL is PBI certified which is defined by the Australian Charities and Not-for-profits Commission (ACNC) as a charitable institution whose main purpose is to provide benevolent relief to people in need. ICL has chosen to exclusively focus their efforts on the indigenous sector.
Formed in 2003 the objectives of the company are to assist Aboriginal and Torres Strait Island Peoples to attain self-sufficiency and improve economic development through the creation and growth of Indigenous owned businesses.
ICL has provided real change through economic impact investing, training and mentorship to address Aboriginal and Torres Strait Islander disadvantage and reduce dependency on Government funding.
Who We Are
Roger Allen AM
As a result of Roger Allen’s own entrepreneurial background starting in his 20’s and his extensive experience in the technology sector and venture capital, the focus of Indigenous Capital Limited has been to apply these entrepreneurial, technological and finance based skills to assist in addressing indigenous economic development.
Roger Allen is a highly-experienced serial entrepreneur and investor in early-stage growth companies in both in Australia and globally. He grew Computer Power Group (CPG) in the 1970s from a small start-up, to a worldwide group of 3,000 people operating from 50 offices in 12 countries. Taking it public in 1987 before it was acquired in the mid-nineties. He spent considerable time building the USA and EU businesses based in New York and London. In 1996 he co-founded Allen & Buckeridge, the first early-stage venture capital fund in Australia with offices in the Silicon Valley and Australia. Allen & Buckeridge raised over $200m and invested in some 40 early stage companies. He retired from the partnership in 2008 after helping set up two successor Venture Capital (VC) firms (who currently manage over $400m) to concentrate on his own investments and social ventures. He is an active direct investor in over 20 technology companies in Australia, US, UK and EU as well as some 12 International VC funds.
He is particularly committed to social entrepreneurship applying VC principles to social problems. In particular, he has developed an innovative cloud-based model for indigenous economic development and has directly funded several indigenous businesses. Serving on two Prime Ministers’ Science and Technology Councils and Advisory Boards, Mr Allen was also Deputy Chairman of the Australian Government’s international trade organisation Austrade from 1990 to 1997. Currently an adjunct professor in the Business School of the University of Technology Sydney, he has also lectured occasionally at the School of Entrepreneurship at INSEAD. Mr Allen has been awarded the top two lifetime awards in the IT industry – the CSIRO Tony Benson award and the Pearcey Medal for lifetime achievement. He received the Order of Australia Honour for his services to the IT sector through leadership roles, venture capital investment and professional development, and in recognition of his support of the indigenous sector and philanthropic interests.
Maggie has extensive experience in Social Policy and Research especially at the Brotherhood of St Laurence, a major Melbourne based social policy research institution in Melbourne and at the Benevolent Society in Sydney. She was one of the founding supporters of the Redfern Community Foundation and co-founded the Virtual Sisters of Mudgingal which funds community projects such as a computer centre and a learning to drive program.
She has worked with Black Business to fund and develop Indigenous Women’s Leadership Programs. Maggie has shaped and directed our Indigenous Arts and Education Scholarship Programs. She also co-commissioned the Sydney Symphony to compose a new work with the leading indigenous didgeridoo player William Barton.
David has worked extensible in the indigenous sector throughout his career and has frequently consulted with elders in remote Aboriginal and Torres Strait Islander communities. David is a legal practitioner with experience in criminal, administrative and human rights law. He was senior counsel to the Royal Commission into Aboriginal Deaths in Custody and has a significant legal aid background. He was also Senior Counsel to Mick Dodson, the thenindigenous social justice commissioner. He contributed to the drafting of the Declaration on the Rights of Indigenous Peoples and has had six annual reports tabled in the Australian Parliament on the human rights of Aboriginal and Torres Strait Islanders.
More recently David was part of the strategic investigations team into the Royal Commission into Institutional responses to Child Sexual Abuse.
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