SOURCE: Tribal Wi-Chi-Way-Win Capital Corporation (TWCC)

May 19, 2016 18:30 ET

Tribal Wi-Chi-Way-Win Capital Corporation (TWCC) Announces Multi-Year Partnership for Services Relating to Canada Student Loans Program (CSLP)

WINNIPEG, MB--(Marketwired - May 19, 2016) -  TWCC, an Aboriginal-owned company based out of Winnipeg, Manitoba is pleased to announce a multi-year partnership renewal with DH Corporation (D+H), to provide services supporting the Canada Student Loans Program (CSLP). The new contract will have an initial term of ten years. The first two years are transition and the next eight years are operational with up to a further seven years at the Government of Canada's option. TWCC will continue their relationship with D+H as the Aboriginal Partner, as per the Procurement Strategy for Aboriginal Businesses (PSAB) initiative, which seeks to increase federal contracting opportunities for Aboriginal businesses in Canada.

Alan Park, TWCC's Chief Executive Officer, believes "this partnership exemplifies how an Aboriginal owned and managed organization can build capacity and create jobs. TWCC has proven that we can not only deliver quality services, but also that Aboriginal businesses can participate on an even playing field." Chairman Glenn Hudson - TWCC Board of Directors, "welcomes the continued relationship between D+H and TWCC [citing that] this partnership displays the quality of our organization [TWCC] as well as the capability of our management and staff."

ABOUT TWCC

TWCC was established in 1993 to provide financial resources to qualified member Aboriginal entrepreneurs, businesses and farms in Manitoba. Structured under the guidelines of the Aboriginal Capital Corporation Program of the Canadian Aboriginal Economic Development Strategy, TWCC was created through the efforts and application of five Manitoba Tribal Councils and a number of Independent First Nations. From its original three employees, TWCC has grown to a present size of almost 200 employees across multiple lines of business, Call Centre operations, ASKI (Employee Benefit Lending) and TIPI (pension, benefits, property and casualty insurers).