We are the Mi'gmawei Mawiomi Business Corporation, or MMBC for short, an organization proudly supported by our shareholders, the Mi'gmaq Mawiomi Resources Limited Partnership (MMRLP), which comprises the Chiefs and Councils of Gesgapegiag, Gespeg, and Listuguj. Our drive is clear, and our purpose is strong.
MMBC is dedicated to driving the economic prosperity and environmental sustainability of the Mi'gmaq communities through strategic partnerships and innovative projects.
Our vision is for our communities to lead in the economy, recognizing the Mi'gmaq people's innovative business contributions and ensuring our children inherit a legacy of success and stewardship.
Establishing an economic foundation that enables our communities to overcome financial dependency and achieve lasting independence through creative business strategies, focusing not only on generating income but also on creating sustainable benefits for our people now and tomorrow.
MMBC is committed to providing a link between traditional Mi’gmaq values and the needs of modern economic development. Our values reflect this commitment.
MMBC creates impactful partnerships for the Mi’gmaq communities, focusing on real outcomes and choosing the right collaborators to achieve their goals.
We work for the benefit of our people. We must balance our focus on generating profit with social, environmental, and cultural well-being.
Respect drives our commitment to professionalism, excellence, and respect for our shareholders' roles and authority, believing in success through collaboration.
MMBC advances community well-being by sharing knowledge to help members make supportive choices, strengthening our nation.
At the core of MMBC is our philosophy which guides every decision and initiative we undertake.
We are committed to exercising sound judgment, thorough research, and steadfast ethical standards in all our activities.
We strive to balance our aspirations for financial growth with an unwavering commitment to our social, environmental, and cultural duties.
Our actions are marked by a clear openness and a rigorous accountability structure that respects the trust placed in us by our shareholders.
We ensure a deep respect for the established roles, authorities, and mandates, fostering a collaborative and respectful organizational climate.
As a steward of both sustainable development and strategic economic growth, MMBC is dedicated to fostering long-term prosperity that is harmoniously aligned with the cultural and environmental values of our Mi'gmaq communities. MMBC actively identifies and pursues new business opportunities while also keeping a close eye on existing ventures to ensure their success.
Our strategy starts where our heart is: with our strengths. We’re governed by Mi'gmaq on Mi'gmaq territory. Our knowledge of the land and communities shape every decision we make.
Our focus is on sustainable projects that deliver significant benefits beyond immediate financial gains, aiming for enhanced energy production, job creation, and economic strength.
Our strategy actively invests in technology to lead, not just participate, forming partnerships that empower our communities to thrive in the digital world.
Communication is the key. We ensure our decisions are inclusive, prioritizing engagement with shareholders and the community to align our direction with the interests of our people.
Our plan focuses on preparing for opportunities by investing in our people through training, workshops, and education, building our expertise to effectively seize future opportunities.
We aim to transform MMBC into a central hub of economic activity, nurturing an environment where businesses aligned with our values can start and grow.
Since its inception in 2013, the Mi’gmawei Mawiomi Business Corporation (MMBC) has been instrumental in driving the ambitions of the Mi'gmaq communities of Gespe’gewa’gi. As the general partner for the Mi’gmawei Mawiomi Resources Limited Partnership (MMRLP), MMBC handles operational management and legal compliance responsibilities, always guided by our deep commitment to our mission and values.
MMBC has embarked on various economic growth and sustainable development projects in the past year. The Mesgi’g Ugju’s’n. Expansion Project (MU2) represents a significant milestone in sustainable energy and a driving force for economic empowerment. This project, centred on developing a wind farm on Mi'gmaq territory, represents our commitment to environmental stewardship and community involvement. We engage in transparent discussions with community members, providing detailed information and inviting feedback to ensure that our projects reflect the collective interests of the Mi’gmaq communities.
MMBC strategically forms partnerships that complement our sustainable growth goals. Our collaboration with PLC Info, an IT company, leverages emerging trends in IT solutions to generate employment and promote economic growth within the Mi’gmaq communities. Our investment in East Coast Wind Inc. underscores our commitment to wind power, tapping into renewable energy for the long-term benefit of our communities.
We are also focused on the Forest Biomass project and other initiatives, diligently evaluating their potential and aligning them with our sustainable development goals. Each project, including this one, undergoes thorough assessment to ensure it meets our strategic objectives. This approach led to our decision against pursuing the aquaculture project, which, after careful consideration, did not meet our criteria for a sustainable business venture.
MMBC, as the general partner of the MMRLP, oversees project revenue. However, we recognize that the final decision-making power rests with our shareholders. While MMBC ensures proper revenue management aligned with our strategic goals, shareholders have the ultimate authority in deciding profit distribution.
In managing these revenues, MMBC plays a facilitative role, offering necessary information, insights, and administrative support to enable informed decision-making by our shareholders. This collaborative framework ensures that, while MMBC handles the daily financial management, the overarching control and final say on profit allocation reside with the shareholders. Their decisions are crucial in shaping a future that balances economic growth with the cultural and social fabric of our communities.
Our strategy at MMBC for managing project revenue is designed to empower our shareholders, placing them at the center of financial decision-making. This approach promotes a sense of empowerment and collective ownership among the Mi’gmaq communities we serve. Looking ahead, MMBC will continue to support this process with integrity, ensuring our collective efforts lead to sustainable prosperity for all members of our communities.
The Mi’gmawei Mawiomi Business Corporation (MMBC) empowers Mi'gmaq communities by investing in sustainable projects, creating jobs and fostering economic independence. Prioritizing community involvement and transparent communication, MMBC ensures initiatives align with Mi'gmaq values, driving both economic prosperity and social well-being.