Often applied very loosely to any sort of inter-business collaboration, the joint venture is in fact a very powerful tool for the empowerment of small communities. A well-designed and -implemented joint venture can boost the investment activity of a community-based development corporation, reduce its risks, and increase its capacity to deliver profits, management influence, jobs, training, and business opportunities to local people. This book lays out the state of the art related to analyzing, negotiating, and structuring joint ventures that work for communities. It includes checklists and sample agreements to help negotiating teams keep out of trouble and on track. A must for any First Nation organization or company thinking about joint ventures as a possible strategy.