Economic Development Strategy
The goal of this strategy is to develop partnerships that will stimulate the reservation economy through coordinated economic and community development projects.
Tribal Ventures’ Reservation Partnership Development Fund is a matching grant fund designed to help reservation businesses expand and create jobs, as well as revitalize the economy. The fund provided up to $50,000 in matching grants to positively affect the economic health of the community. These grants directly resulted in new jobs and income streams.
The Limit Lodge
Timber Lake, SD
The Limit Lodge offers hospitable accommodations and affordable lodging for overnight travelers, seasonal hunters, and others. The Limit Lodge received a $50,000 matching grant from our Reservation Partnership Fund. The grant was used to expand services by adding five cabins and renovating their conference center. Landscaping, a privacy fence, and a game cleaning station were also added upgrades.
Sparky’s Bar and Grill
Sparky’s Bar & Grill is a small town restaurant and bar located in Isabel, South Dakota on the Cheyenne River Reservation. They received a $50,000 matching grant to expand and remodel the interior of their business and upgrade the kitchen, allowing them to cater and serve more food. The increase in operations enabled the business to add three full-time positions and 3 part-time positions.
Diamond D Construction
Eagle Butte, SD
Diamond D Construction is based in Eagle Butte, and offers new construction and remodeling services, and does other projects, including decks, doors, and windows. They received two grants (one of $50,000 and one of $35,000) from our Reservation Partnership Fund. The grants were used to build an equipment storage facility, purchase equipment and insurance, and for working capital. As a result of expanded operations, the company employs nine full-time employees.
The Community Development Partnership Fund aims to increase assets and create income-generating opportunities for low-income people by awarding up to $50,000 to qualifying non-profit and community development entities with a mission that ties to Tribal Ventures’ strategic areas. The organizations that have received these grants have expanded by developing internal capacity and improving the services they deliver to the reservation.
Eagle Butte Community Club
Eagle Butte, SD
The Eagle Butte Community Club was awarded a $42,500 matching grant from our Community Development Partnership Fund to renovate and restore the town’s Landmark Hall. The Club hired six community members and utilized five local businesses to carry out the labor of their project. The restoration of Landmark Hall boosted the local economy by providing a modernized venue for community gatherings and fundraisers.
Mni Waste’ Water Company
Mni Waste’ Water Company was awarded a $50,000 matching grant to support their Radio Read Meter Project. This community improvement project installed 640 radio controlled meters throughout the reservation. As a result individuals no longer have to take time off work and come home so the water company can read their meters.
Timber Lake Area Development Inc.
Timber Lake, SD
Timber Lake Development received a $50,000 matching grant for the purpose of renovating the Timber Lake SkyView Apartment Building. The project improved each of the eight apartments with paint, new flooring, vanities, medicine cabinets, toilets, baseboard heaters, thermostats, light fixtures, counter tops, blinds, range hoods, towel hardware, closet rods and plumbing upgrades. The hallways were painted and carpeted with new baseboards installed, as well improvements to the hot water heaters. In addition to providing much-needed housing, the organization now employs two additional staff.
Tribal Ventures played a critical role in launching the Cheyenne River Chamber of Commerce in 2007. This fledgling organization works to promote the Cheyenne River Reservation as a destination and to create a strong network of local businesses so that the economy may continue to grow.
Currently, 52 reservation businesses are members of this dynamic network that has facilitated, hosted, or sponsored over 40 community events.