Wild Rice Land • Wild Life Tourism • Lake Vermilion Cultural Heritage • Labor Force- Handicrafts, artists • more skilled people looking for work Treaty Rights • Communications Infrastructure Access to Federal • • More educated Youth • • Experience with Partnerships with outside entities Vermilion Sewer and Water System • collaboration with other Tribes Strong balance sheet and ability to borrow at favorable • terms Formation of the new Credit Union • New Public Transportation system Progress in lowering unemployment rate • • Fortune Bay & other existing businesses gaming - Existing business assistance programs • • businesses New Vermilion State Park • Weaknesses: Local commercial codes are discouraging to outside Reliance on Federal funding • • businesses lack of Tax base • Law Enforcement, jurisdictional and prosecutorial debt • • jurisdiction issues (P.W. 280) Lack of educated workforce in critical skilled • occupations (technical trades) Lack of money • No post-secondary school on the Reservation Future of Gaming • • Low population density Lack of Housing • • Remote location Need for more off Reservation businesses • • distance to markets Maxed out sewer systems • higher fuel costs The availability natural gas is nonexistent • • Difficulty of obtaining Mortgages on leased land High employee turnover at Tribal businesses • • Challenges in recruiting employees • Challenges in providing transit services to shift Lack of clearly defined process for starting new, privately • • workers businesses on the Reservation Inadequate legal/business infrastructure • Opportunities: CLEC Coop Local Exchange renewable energy • • Carrier The Vince Shute Bear Sanctuary as a partnership opportunity Telecom • Partner with Institute of Higher Learning • Internet based businesses Transit Program • • Bandwidth Reservation purchasing power • • opportunity for new businesses to serve fiber optics demand on and near the reservation Adopt UCC • Workforce training (how to interview, basic job On-line education opportunities • • expectations, etc) Development or acquisition off-Reservation New Lake Vermilion State Park  • businesses near or on Hwy 53 and Deer
Wild Rice • Land Wild Life • Tourism Lake Vermilion • Cultural Heritage • Labor Force- Handicrafts, artists more skilled people looking for work • Treaty Rights • Communications Infrastructure • Access to Federal • Experience with Partnerships with outside entities • More educated Youth • Vermilion Sewer and Water System collaboration with other Tribes • Strong balance sheet and ability to borrow at favorable terms • Formation of the new Credit Union • New Public Transportation system • Progress in lowering unemployment rate • Fortune Bay & other existing businesses gaming businesses • Existing business assistance programs • New Vermilion State Park Weaknesses: • Reliance on Federal funding • Local commercial codes are discouraging to outside businesses • lack of Tax base • debt • Law Enforcement, jurisdictional and prosecutorial jurisdiction issues (P.W. 280) • Lack of educated workforce in critical skilled occupations (technical trades) • Lack of money • No post-secondary school on the Reservation • Future of Gaming • Low population density • Lack of Housing • Remote location • Need for more off Reservation businesses distance to markets • Maxed out sewer systems • higher fuel costs • The availability natural gas is nonexistent • High employee turnover at Tribal businesses • Difficulty of obtaining Mortgages on leased land • Challenges in recruiting employees • Challenges in providing transit services to shift workers • Lack of clearly defined process for starting new, privately businesses on the Reservation • Inadequate legal/business infrastructure Opportunities: • CLEC - Coop Local Exchange Carrier • renewable energy Telecom • The Vince Shute Bear Sanctuary as a partnership opportunity • Partner with Institute of Higher Learning • Internet based businesses • Transit Program • Bandwidth • Reservation purchasing power fiber optics opportunity for new businesses to serve demand on and near the reservation • Adopt UCC • On-line education opportunities • Workforce training (how to interview, basic job expectations, etc) • Development or acquisition off-Reservation businesses near or on Hwy 53 and Deer  New Lake Vermilion State Park
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