Conference Focuses on Boosting Business on Reservations
April 14, 2013
It was 2004, and Frank Jamerson needed a business loan. Jamerson, then 31, was short on funds but big on ideas: He wanted to provide DJ services in Little Eagle on the Standing Rock Indian Reservation. Jamerson, who lives in Little Eagle, had a few hundred dollars worth of sound gear but he needed more capital. His problem? No bank would lend him the money. Read how this issue was addressed at the 2013 South Dakota Indian Business Conference.
Conference Hopes to Boost Reservation Economies
April 10, 2013
A local organization is taking the reins to help boost the economies on South Dakota reservations. The South Dakota Indian Business Alliance is holding its bi-annual conference this week to educate entrepreneurs on the need for an economic boost. See the coverage on Black Hills FOX.
Helping Small Business Owners and Home-Based Employees Claim the Home Office Tax Deduction
January 15, 2013
Today, many taxpayers who qualify for the home office tax deduction are not claiming it. The reasons often cited are that businesses and filers do not fully understand the provisions or find it too complicated to calculate the amount. That is about to change. Read the full story.
Tanya Fiddler Takes a Seat on Treasury's Community Development Advisory Board
December 27, 2012
Following an appointment by President Obama earlier this month, Tanya Fiddler (Cheyenne River Lakota Nation), was officially welcomed onto the U.S. Department of Treasury’s Community Development Advisory Board on December 17, 2012. The purpose of the Advisory Board is to advise the Community Development Financial Institutions (CDFI) Fund, a program of the U.S. Department of Treasury, on its activities and programs which are designed to increase economic opportunity and promote community development investments for underserved populations and in distressed communities in the United States. Read the full story.
Leasehold Mortgage Handbook Helps Tribal Members Navigate Towards Homeownership
June 25, 2012
With guidance from the Oglala Sioux Tribe Leasehold Mortgage Procedures handbook and assistance from Mazaska Owecaso Otipi Financial, tribal member, Irving Provost, has been a homeowner for one month now. Provost who works for the Tribe’s Property & Supply Department says he began thinking of owning his own home about three years ago and he ended up hitting a dead end after exhausting other possible routes. Read the full story.
SDIBA Launches Educational Campaign in Support of Tribal ID Act
July 16, 2012
The South Dakota Indian Business Alliance (SDIBA) launched an educational campaign to raise awareness among banking institutions and retailers regarding the passage of the Tribal ID Act by the South Dakota Legislature in March 2011, which enables identification cards issued by the state’s nine federally recognized tribes to be used for banking purposes, check cashing, and tobacco purchases. Read the full story.
SDIBA to Launch First-Ever Statewide Lending Program for Native Communities
May 17, 2011
The South Dakota Indian Business Alliance (SDIBA) is launching an initiative that will utilize the successful model of Native community development financial institutions (CDFIs) to expand access to fair lending products into all nine of South Dakota’s reservation communities. The Expanding Native Entrepreneurship Initiative, funded by a $141,000 grant from the Citi Foundation, will assist forty aspiring Native entrepreneurs in developing a business, provide capital to start or expand fifteen businesses, and create or retain twenty-three jobs in its first year. Read the press release.
Listen to the interview on Dakota Midday.
Tanya Fiddler Shares Innovations in Economic Development Strategies
May 1, 2012
Executive Director of Four Bands and Chairperson of SDIBA, Tanya Fiddler, provides insight to successful economic development strategies implemented on the Cheyenne River Indian Reservation during a panel at the Growing Economies in Indian Country National Summit in Washington DC on May 1, 2012. The panel titled, "Opportunities for Native Entrepreneurship, Small Businesses, and Capital Access," was moderated by Chris James of the Small Business Administration and also included Jeff Bowman of First American Capital Corporation, Mike Lettig of Key Bank, and Martin Olsson of Eagle Bank. Click here to watch a video of the panel. Note: this panel begins near the 30-minute mark of the entire video.
Discussion Delves Into Tribal Economies
March 20, 2012
A tribal listening session near the Capitol on Monday homed in on tourism as part of a larger discussion about economic development. But conversation also branched into topics ranging from family life to tribal history in a session that united experienced leaders with young tribal members just beginning their work. SDIBA participated to share new data on Native entrepreneurship as well as policy recommendations. Read the full story. Download the policy recommendations.
The Private Sector More than a Job Creator
March 15, 2012
SDIBA Chair, Tanya Fiddler, reflects on the benefits of building private sector business in Indian Country and offers insight into a sustainable economic development model. Read the full story.
Leaders in South Dakota's Native Economic Development Movement Share On-the-Ground Insight to Indian Business Development
February 27, 2012
SDIBA Chair, Tanya Fiddler, and Native American Natural Foods CEO, Karlene Hunter, provide insight to the barriers of developing private sector business on reservations during Dakota Midday on South Dakota Public Radio. Listen to the interview.
Native Americans Strive for Homemade Businesses on – or Near – the Reservations
February 16, 2012
An article published in the Capital Journal takes a look at the barriers to starting a business on a reservation through the real experiences of Native entrepreneur, Charlotte Almanza.
Read the article.
What Lies Beneath South Dakota's "A"?
January 31, 2012
South Dakota has earned an "A" in Financial Assets and Income in the 2012 Assets & Opportunity Scorecard released today by the Corporation for Enterprise Development, in partnership with Lakota Funds. Tawney Brunsch, Executive Director of the Kyle, South Dakota-based Lakota Funds says this high ranking is misleading.
Read the full story.
SDIBA's Native Entrepreneurship Report Raises Awareness of Barriers to Business Development in Indian Country
December 12, 2011
As aired on South Dakota Public Radio, the South Dakota Indian Business Alliance is helping to overcome the challenges Native entrepreneurs face in starting businesses.
Read the Native Biz wrap.
December 28, 2011
Lakota Country Times sited SDIBA's "Native Entrepreneurship in South Dakota's Nine Reservations" as a vehicle to incite change in the state's reservation economies.
Read the article.
Native American Entrepreneurship in South Dakota's Nine Reservations
The South Dakota Indian Business Alliance commissioned an in-depth market analysis of South Dakota's nine Indian Reservations. This research reveals although the Reservations face grave economic conditions, there are opportunities for economic growth and entrepreneurial development.
Read the report highlights.
Read the full report.
Indian Business Alliance Conference Deemed a Success
August 4, 2011
USDA Blog entry posted by South Dakota Rural Development Coordinator, Christine Sorensen, provides an insightful summary on the 2011 South Dakota Indian Business Alliance Conference.
Read the full story.
Tanya Fiddler is the Voice for Rural and Native America at the Clinton Global Initiative America Meeting
July 7, 2011
Tanya Fiddler, Executive Director, shared innovative economic development strategies being implemented on the Cheyenne River Indian Reservation on a panel titled, "American Success Stories," at the Clinton Global Initiative America meeting on June 30, 2011.
Watch the video.
Read the article in Indian Country Today.
Tanya Fiddler Talks Economic Development at Clinton Global Initiative
July 7, 2011
Tanya Fiddler (Cheyenne Sioux), executive director of Four Bands Community Fund, a native community development financial institution (CDFI) in Eagle Butte, South Dakota, shared innovations in economic development with leaders from the federal government and private sector at the Clinton Global Initiative (CGI) America Meeting on June 30 in Chicago, Illinois. Read the full story.
South Dakota Indian Business Alliance and CFED Partner to Deliver the Native Entrepreneurship Investment Research Project with Funding by Citi Foundation
May 17, 2011
The South Dakota Indian Business Alliance (SDIBA) has formed a partnership with CFED, a national non-profit organization that works to create economic opportunity, to execute the Native Entrepreneurship Investment Research Project through a $50,000 Neighborhood Revitalization Grant from Citi Foundation. The Native Entrepreneurship Investment Research Project will conduct an in-depth market analysis of the small business development environment on South Dakota's nine Indian reservations, and use the results to create an investment strategy with Native community development financial institutions (CDFIs) and tribal loan funds to address Native entrepreneur financing and capacity building needs. Read the press release.
South Dakota Names First-Ever Secretary of Tribal Relations
March 2, 2011
JR LaPlante, member of the SDIBA Leadership Committee, was named as the first-ever Secretary of Tribal Relations for South Dakota. This cabinet-level position will serve to emphasize the importance of Native American issues and foster a better relationship between the state and South Dakota's nine tribes. Read the full article.
SDIBA Launches Website
March 15, 2010
The South Dakota Indian Business Alliance (SDIBA) is proud to announce the launch of their new website. In addition to general information on the organization, the website features several resources for aspiring entrepreneurs and tribal government. Included on the site are economic statistics and a Native business directory for all nine reservations throughout the state as well as a plethora of resources to help develop business in Indian Country.