GIVING ENTREPRENEURS OPPORTUNITIES TO GROW A BUSINESS

In 2014, more than 120 new Cherokee-owned businesses registered with the Cherokee Nation Tribal Employment Rights Office. TERO assists Cherokee- and Native-owned businesses wanting to provide goods or services to the Cherokee Nation. This support often builds a company’s capacity for future work and drives companies to become successful.

“TERO has been really good for us,” said Red Crawford, co-owner of Salina based Green Country Steel. “In the beginning, we never took jobs larger than $250,000 because of bonding requirements. Since working with Cherokee Nation, we’ve worked on big jobs and projects like the Hard Rock Hotel & Casino Tulsa. It feels good to be appreciated for the work you do.”


Direct
Output
Employment
Income
CN Direct Contribution
$38,289,921
228
$10,697,163
CN Vendor Purchases
$22,378,604
 
 
Indirect
 
 
 
CN Vendor Response
$6,001,082
266
$8,323,748
Induced
 
 
 
CN/Vendor Employee Spending
$9,580,438
93
$2,865,977

TOTAL

$76,250,045
587
$21,886,889
Mayes County economic impacts have grown significantly since the FY 2012 impact report. Total economic impacts now exceed $76 million in county production while supporting 587 jobs (up from 420 in FY 2012) and more than $21 million in labor income. In addition to a significant Cherokee Nation Businesses presence, Mayes County vendors enjoyed more than $22 million in demand from the Cherokee Nation, distributing economic impacts across all major sectors of the Mayes County economy.

Note that in all economic impact tables, column values may not total due to rounding.