Economic Development
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- By Brian Edwards
- Economic Development
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The Shakopee Mdewakanton Sioux Community is providing $150 million in debt financing to Minneapolis-based Niron Magnetics to support construction of the company’s first full-scale manufacturing plant in Sartell, Minn., putting the Dakota tribal government on both sides of the company’s capital structure as an investor and lender.
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- By Tribal Business News Staff
- Economic Development
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Leadership changes across Indian Country this week include appointments in Native housing, tribal gaming, cultural sovereignty, law, public policy and economic development.
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- By Aminah Syed
- Economic Development
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With less than a month remaining before applications close, tribal leaders are encouraging Native nations to pursue $75 million reserved exclusively for tribes through the Federal Emergency Management Agency’s Building Resilient Infrastructure and Communities (BRIC) program.
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- By Chez Oxendine
- Economic Development
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The Cherokee Nation has become the latest tribal nation to ban hyperscale data center development on tribal lands, issuing the prohibition last Wednesday after receiving a report from the principal chief’s data center task force.
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- By Tribal Business News Staff
- Economic Development
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Leadership changes across Indian Country this month include appointments in Native finance, economic development, Tribal health, education and legal services. Organizations announced new executives, board leaders and senior staff as they expand programs, strengthen advocacy efforts and guide community-focused initiatives.
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- By Chez Oxendine
- Economic Development
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The Hoopa Valley Tribe has opened a tribally owned data center that will serve as the hub for the tribe’s expanding broadband network in Northern California.
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- By Tribal Business News Staff
- Economic Development
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Mno-Bmadsen, the non-gaming investment enterprise of the Pokagon Band of Potawatomi Indians of Michigan and Indiana, has acquired the remaining 46% stake in manufacturing holding company Mno-DREK LLC, completing an eight-year plan to take full ownership of the business.
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- By Brian Edwards
- Economic Development
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Wilton Rancheria and Sacramento Republic FC plan to build a 20,000-seat soccer stadium in downtown Sacramento, significantly expanding an earlier proposal and deepening the tribe’s investment in professional sports and mixed-use development.
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- By Brian Edwards
- Economic Development
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The Department of the Interior has extended a federal demonstration program that allows participating tribes to assume greater authority over trust forest lands and certain surface leasing activities, preserving a self-governance initiative that has seen limited participation since 2016.
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- By Aminah Syed
- Economic Development
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Federally recognized tribes can now apply for grants of up to $15 million through a federal outdoor recreation program after Congress expanded eligibility last year.