11.4 Alternative Forms of Tribal Economic Development
3 min read•august 12, 2024
Tribes are exploring diverse economic opportunities beyond gaming. From and to and , these ventures leverage unique cultural assets and natural resources. This diversification strengthens tribal economies and supports .
Partnerships, workforce development, and responsible resource management are key strategies. By investing in education, fostering entrepreneurship, and collaborating with outside entities, tribes are creating while preserving their and .
Tribal Business Ventures
Diversifying Tribal Economies
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Top images from around the web for Diversifying Tribal Economies
Funders commit $102.5 million to support tribal-led conservation efforts in the U.S. - South ... View original
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Behind the story: How we reported on challenges and opportunities for Wisconsin’s tribal ... View original
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are businesses owned and operated by Native American tribes, which generate revenue to support tribal services and programs
E-commerce allows tribes to sell goods and services online, reaching a broader customer base beyond their local area (Navajo Arts and Crafts Enterprise)
Manufacturing enables tribes to produce goods for sale, leveraging their unique cultural heritage and resources (Seminole Tribe's cigarette manufacturing)
Agriculture and involve the cultivation of crops and raising of fish or other aquatic organisms, providing food security and economic opportunities for tribes (Lummi Nation's shellfish hatchery)
Supporting Entrepreneurship and Economic Diversification
provide training, funding, and support for tribal members to start and grow their own businesses, fostering entrepreneurship within the community
help tribes reduce their reliance on a single industry or revenue source, creating a more resilient economy
Investing in multiple sectors (tourism, manufacturing, agriculture)
Developing new products and services based on tribal resources and expertise
Tribes can leverage their unique cultural heritage and traditional knowledge to create niche products and services that appeal to a wider market (Tanka Bar, a Native American-owned company producing buffalo-based snacks)
Natural Resources and Sustainability
Developing Tribal Resources Responsibly
involves the extraction and utilization of resources such as timber, minerals, and water on tribal lands, providing revenue for the tribe
Requires careful management to ensure long-term sustainability and environmental protection
, such as solar and wind farms, allow tribes to generate clean energy while creating jobs and reducing energy costs (Moapa Band of Paiutes' solar project)
Tribes can market their cultural heritage through sustainable tourism, showcasing their traditions and way of life to visitors while preserving their cultural integrity (Acoma Pueblo's Sky City Cultural Center)
Exercising Tribal Sovereignty in Business
grants tribes the authority to regulate businesses on their lands, set their own tax rates, and create a favorable business environment
Enables tribes to attract outside investment and negotiate favorable terms with partners
Tribes can assert their sovereignty by establishing their own business codes, dispute resolution processes, and regulatory agencies to oversee economic development on their lands
Tribal sovereignty allows tribes to protect their cultural and natural resources while pursuing economic development that aligns with their values and priorities (Navajo Nation's ban on uranium mining)
Partnerships and Workforce
Collaborating for Economic Growth
Tourism and hospitality offer opportunities for tribes to showcase their culture and natural beauty, generating revenue and creating jobs (Foxwoods Resort Casino, owned by the Mashantucket Pequot Tribe)
Tribal business partnerships with private companies, non-profits, and other tribes can provide access to capital, expertise, and markets, fostering economic growth and development
, licensing agreements, and other collaborative arrangements
, such as the Small Business Administration's 8(a) Business Development Program, provide opportunities for tribal businesses to secure government contracts and grow their operations
Building a Skilled Tribal Workforce
aim to provide tribal members with the skills and training needed to succeed in the modern economy
, , and on-the-job training programs
Partnerships with universities and colleges to offer degree programs and professional development opportunities
Investing in education and workforce development helps tribes build a skilled labor force that can attract businesses and drive economic growth within the community (Chickasaw Nation's extensive education and training programs)
Tribal businesses can prioritize hiring and training tribal members, creating employment opportunities and keeping wealth within the community (Ho-Chunk, Inc.'s employee development initiatives)