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Economic Development

specialty firearms components
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SANTA YNEZ, Calif. — The non-gaming economic development and investment arm of the Santa Ynez Band of Chumash Indians is further diversifying its portfolio of companies with the acquisition of a Florida-based specialty firearms components manufacturer. 

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Here is a weekly round-up of business briefs from around Indian Country.  

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A pair of recent business deals are aimed at accelerating projects that promise to bring much-needed high-speed internet infrastructure to rural tribal communities. 

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ELKO, Nev. — The Elko Band Colony, one of the four bands of the Te-Moak Tribe of Western Shoshone, has brought some needed financial stability to its community — even during the pandemic — with the launch of a new business. 

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Here’s a weekly round-up of business briefs from around Indian Country.  

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WASHINGTON – The Trump administration announced Thursday the approval of grants under the National Tribal Broadband Grant (NTBG) program to 23 federally recognized American Indian and Alaska Native tribes and two Navajo Nation communities to study the feasibility of developing or extending broadband services in their areas. 

Bureau of Land Management Alaska members
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NOME, Alaska — In what was hailed as a “historic milestone,” the more than 8,000 shareholders of the Bering Straits Native Corporation once again have control over a strategic Arctic isthmus known as Point Spencer. 

Chairman of the Yurok Tribe, Joseph James
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KLAMATH, Calif. — The Yurok Tribe is investing a portion of the money it received from the CARES Act in what it’s describing as a game-changing project to boost broadband connectivity on its reservation in northern California.

Kurt Trevan
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GRAND RAPIDS, Mich. — Companies owned by a pair of Michigan-based Native American tribes are facing what one tribal executive described as “circular exclusion” from the body that certifies Minority Business Enterprises. 

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Here’s a round-up of business news involving tribes and Native-owned businesses including the maker of the popular TANKA Bar, the law firm that helped win the McGirt case, a California tribe that wants to build a prison on its reservation, an Alaska Native Corporation board member who was fined for a Facebook post, and more.