Island Enterprises (A Squaxin Island Tribal Enterprise)

Shelton WA


The applicant, Island Enterprises, is a wholly owned tribal enterprise controlled by the Squaxin Island Tribal Council. The mission of Island Enterprise is to a€œdevelop the commercial opportunities available to the Squaxin Island Tribe; to promote meaningful employment of tribal members; to encourage the advancement in education, training, and professional development; to re-deploy Tribal assets into ventures with good prospects; to maintain financial stability; and to encourage tribal entrepreneurs.a€ Island Enterprises, has built a track record over the past seven years in economic development initiatives, including retail operations, housing and construction, health care, cultural preservation and museum facilities, and a gaming operation.

CDFI Awards for Island Enterprises (A Squaxin Island Tribal Enterprise)


NACTA (2002) - $100,000

The applicant seeks CDFI technical assistance funds from the NACTA program to explore the feasibility of forming a Tribal Community Development Bank. The proposed Squaxin Island Community Development Bank"s mission will be to make homeownership a reality for Squaxin Island Tribal members and other Native Americans buying homes on or near Indian Reservations in Washington State.



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