7th Annual National Native American Economic Development Conference

  NAED Co-Chair Centered
 

The Seventh Annual National Native American Economic Development Conference will be held May 20-21, 2013 at the Cosmopolitan of Las Vegas in Las Vegas, Nevada. Our event this year will focus on economic diversification. By diversifying your tribe’s economic ventures, you can reduce risk and ensure that the future of your community is safe. Featured at this event will be diversification success stories, information on managing and balancing debt, risk management, legal/IRS updates and financing for both gaming and non-gaming projects. Gaming is not the only way to generate revenue. Find out what other tribes are doing to maximize their economies.

Call us at 201-857-5333 to speak to a representative and learn how you can get involved.

 

 

Who Should Attend:
· Architect Firms
· Construction Companies
· Economic Development Professionals
· Engineers
· Feasibility Study Companies
· Finance and Legal Professionals
· Government and Other Professional Service Firms
· Technology Developers
· Tribal Leaders

 

Event Venue:

The Cosmopolitan of Las Vegas
3708 Las Vegas Boulevard South
Las Vegas, NV 89109

 


    • May 20, 2013
      • 9:15 AM - 10:45 AMTribal Leaders Roundtable: Seeking Freedom of Economic SovereigntyTribal leaders and their people must work together in pursuit of the freedom of economic sovereignty, increasing the amount of private enterprise on their land and beyond. To accomplish this, there are several hurdles that need to be cleared, the largest being internal tribal disputes that hinder or even kill economic development projects before they even get started. Once unified in this pursuit, it is then imperative for the government to provide incentives whereby more individual Indians and tribes are willing to take on greater risk, creating an atmosphere where free enterprise is encouraged. The BIA must also reduce the number of regulatory burdens to allow for growth in both job creation and economic development. Tribes need a plan for capital accumulation on the reservation to save for a rainy day and the needs of future generations. This panel will feature tribal leaders who have taken the steps necessary to start this process and what tribes need to do to overcome the obstacles placed on them by both state and federal governments.

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      • 10:45 AM - 11:15 AMMorning Break/Networking Opportunity/Exhibit Hall
      • 11:15 AM - 12:15 PMUnderstanding Key Trends in Economic DevelopmentWith many tribes seeking to turn their focus away from gaming, creating diverse economic opportunities has proved especially important. Tribes who establish themselves in several different kinds of projects stand to profit not only through revenue generation, but in job creation as well. One option for tribes looking to expand their ventures is to align with corporate business partners that can bring proven industry expertise and capital to the reservation. In this panel, key leaders of the largest tribal associations and the professionals involved in creating these deals will discuss their firsthand accounts of challenges and successes related to diversification and development. Legal professionals will also provide insight to the current legislative landscape and how government regulations may impact new ventures in Indian Country.

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      • 12:15 PM - 1:15 PMLunch/Exhibit Hall/Networking Opportunity
      • 1:15 PM - 2:15 PMFinancing Economic Development ProjectsThere are many ways a tribe can finance economic development projects that lead to job, opportunity, and revenue creation. This panel will highlight the various ways in which tribes can obtain capital for financing these projects. We will look at different types of financing options, including: traditional bank loans, tax-exempt financing, tribal economic development bonds, hedge funds, and private equity.  Leading economic players and tribal leaders will provide a primer on how to get started and structure the right loan for your particular project.

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      • 2:15 PM - 2:45 PMAfternoon Break/Networking Opportunity/Exhibit Hall
      • 2:45 PM - 4:00 PMUsing Gaming Dollars as a Means to Diversify Into Other BusinessesA very prominent tribal CEO has called gaming dollars “Indian country’s one big chance to set us up for decades of growth and prosperity;” meaning, tribes that build business expertise and financing relationships through gaming can and should extend those competencies to new businesses. With many tribes finding gaming enterprises reaching their pinnacles, provocative and original business ideas are necessary to keep economic growth from becoming stagnant. However, getting new ventures off of the ground is not an easy process and many issues, from minor to major, can arise. Insurance and risk management are two crucial aspects of the process of beginning new endeavors- with so much at stake for tribal economies, strategic planning is absolutely essential. This panel will feature several entrepreneurial tribes who have launched new enterprises and can offer their insight on each important step of the process.

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      • 4:00 PM - 5:15 PMKeeping Ahead of the Competition: Keeping Your Casino CurrentAs discussed in a previous panel, gaming is becoming more competitive with each passing year. To continue to attract clientele in this ultra-competitive market, it is of utmost importance that tribal governments keep their property and facility up-to-date and modern. This takes both money and a deep understanding of what influences your current and future clients. This panel will feature tribes who have faced this challenge head-on, having recently completed a facility renovation. How did they determine that there was untapped potential and what internal hurdles did they have to face and overcome? We will also hear from some of the leading architects and construction companies that worked on these projects, giving you an understanding of the current market and how they manage client expectations.

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      • 5:15 PM - 6:15 PMCocktail Reception
    • May 21, 2013
      • 8:00 AM - 9:00 AMConference Registration/Continental Breakfast/Networking Opportunity/Exhibit Hall
      • 9:00 AM - 9:45 AMFrom Conception to Completion: The Process of Executing a New VentureTribal leaders depend on successful economic enterprises to both sustain and grow their local economies. However, getting new ventures off of the ground is a complicated procedure that involves much planning and preparation. Initial steps such as determining the scale of the endeavor, assessing any risks, and lining up insurance lay a crucial solid foundation. Further details like putting together a diverse team of professionals to physically and financially carry out the project are also essential. With so much at stake for tribal economies, knowing how to best plan and carry out each aspect of a new operation is critical. Tribal and non-tribal financial leaders alike will paint a picture of how to successfully execute your project from beginning to end.

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      • 9:46 AM - 10:15 AMCoffee Refresh/Networking Opportunity/Exhibit Hall
      • 11:15 AM - 12:15 PMGovernment Funding StrategiesTribes interested in exploring sources for funding outside of traditional banking have many options. This panel will explore these choices, which include government programs such as the USDA business and industry guaranteed loan program, the BIA’s Indian loan financing, and other loans, tax credits, and grants offered by the federal government. We will hear from key government staff and financial experts who will advise how each of these funding strategies could lead to a tribe’s economic success.

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      • 12:15 PM - 12:15 PMConference Adjourns

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Look Who’s Coming!