Case
Fostering Economic Independence:
Native Advisory’s Role in Tribal Business Development
Case Study
Fostering Economic Independence: Native Advisory’s Role in Tribal Business Development
Aiming to reduce dependency on federal funding, a Tribe set out to achieve economic independence through the development of tribal-owned businesses. Faced with an overall lack of capacity and also the challenges of identifying viable business opportunities, they turned to Native Advisory
for guidance.
Native Advisory conducted research to identify promising opportunities, facilitated partnership plans, wrote successful grant applications, and offered ongoing back office support (finance, HR, IT, payroll) during the launch and early operations. The results were outstanding. The Tribe successfully generated steady income and created jobs for tribal members. This newfound economic independence significantly reduced reliance on external funding sources and built a strong foundation for sustainable economic growth.