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Economic Development

Eugene Magnuson
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MANISTEE, Mich. — Eugene Magnuson took over as CEO of Little River Holdings on Jan. 1 with an aggressive plan to diversify the Little River Band of Ottawa Indians’ economy into a range of new ventures. Shortly afterward, COVID-19 came along, forcing the tribe to hit pause on some of those plans.

Mille Lacs Band logo
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ONAMIA, Minn. — The Mille Lacs Band of Ojibwe plans to leverage grant funding it received in response to the coronavirus pandemic on a feasibility study for a business incubator. 

Yurok Tribe Shoreline Market
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ORICK, Calif. — The Yurok Tribe of northern California wants to rejuvenate a strategically located gas station and convenience store after acquiring the business and 9-acre property from its former owners. 

John Hendrix
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If history is any example, the current economic downturn brought on by the COVID-19 pandemic could be an “ideal time” for Native entrepreneurs to start a new business. 

Hard Rock Seltzer
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HOLLYWOOD, Fla. — A business enterprise of the Seminole Tribe of Florida is getting into the growing hard seltzer market with a new licensing agreement. 

Out West Cafe
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Tahlequah, Okla. business owner Melvin Hendrix sits behind the counter in the otherwise empty lobby of Out West Cafe during what would have been the Cherokee National Holiday. 

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

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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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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.