CATOOSA, OK – Cherokee Nation Principal Chief Chuck Hoskin Jr. and Deputy Chief Bryan Warner recently proposed a plan to target more small business capital to low income and high poverty areas of the tribe’s 7,000 sq. mi. reservation and surrounding counties. Chief Hoskin first announced the concept of “opportunity zones” at his State of the Nation address on August 30 in Tahlequah.
Chief Hoskin provided more details of his administration’s plan to leverage mostly existing tribal and federal loan funds to areas lacking capital investment during the tribe’s 18th annual TERO Certified Indian Owned Business Awards Banquet in Tulsa.
“We have a strong bottom line by many measures, but I suggest those measures are incomplete,” said Chief Hoskin. “We need a new bottom line based on equity so that no community is left behind.”…