Round Table Discussion at Denver Museum of Nature and Science to discuss the findings of the American Indian & Alaskan Native Economic Impact Study
Tuesday, July 28, 2015
Denver Museum of Nature and Science
2001 Colorado Blvd, Denver, CO 80205
American Indian and Alaskan Natives Contribute $1.5 Billion Annually to Colorado Economy
Denver, Colorado (July 24 2015) – American Indians and Alaskan Natives of Colorado contribute more than $1.5 billion annually to the Colorado Economy. In a recent Economic Impact Study, commissioned and lead by Colorado Commission of Indian Affairs, Denver American Indian Commission and Rocky Mountain Indian Chamber of Commerce, the numbers revealed that Colorado boasts more than 485 American Indian businesses, representing over 40 industry divisions. While American Indians account for 1.58% of the Colorado Population, American Indian per capita impact is $18,300. The group welcomes the public to a roundtable discussion to discuss these findings and implications moving forward. The roundtable will be held Tuesday, July 28th at 2:00pm to 3:30pm.
The study is the first of its kind for the State of Colorado, mirroring American Indian Economic Impact Studies conducted by the states of Oklahoma and Idaho. The Colorado Office of Economic Development and International Trade’s Minority Business Office was an essential partner for the research, helping to commission the numbers from across the State of Colorado. Spirit of the Sun was another integral partner in this project and provided a research team for data analysis through the AmeriCorps VISTA Program.
Ernest House, Jr., Executive Director of the Colorado Commission of Indian Affairs, says, “…it was essential to have the support and involvement of the Ute Mountain Ute Tribe and Southern Ute Indian Tribe throughout this report. As Colorado’s oldest and continuous residents, today the Ute Tribes are the largest employers in their respective counties.The data this report provides will help advocate and promote future economic vitality between our tribal and non-tribal partners.”
Darius Lee Smith, Denver American Indian Commission, remarks “This valuable study is the result of the collaboration among the urban American Indian community, the Tribes of Colorado, the State of Colorado, and the City and County of Denver. It recognizes the important contributions and successes of American Indian businesses in Colorado contributing to the economic prosperity of the entire state, impacting both Natives and Non-Natives alike.”
This report serves as the first installment of an ongoing intent to continued research of how American Indians impact Colorado. Shadana Sultan, Executive Director of Rocky Mountain Indian Chamber of Commerce, “Colorado has a special and unique relationship with American Indians. It’s one of the most diverse and robust in the country. Many of the largest national nonprofits are headquartered right here in Colorado. Additionally, this type of data helps level the playing field when talking about doing business in Indian Country. It really highlights the fact that American Indian Business is viable, relevant, and thriving. We are thrilled to track progress and successes into the future.”
The Economic Impact Study was commissioned in 2013, lead by Colorado Commission of Indian Affairs, Denver American Indian Commission, and the Rocky Mountain Indian Chamber of Commerce. Partners of support include OEDIT Minority Business Office, Spirit of the Sun, AmeriCorps VISTA Program and Revolution Advisors LLC.###