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Indigenous Governance Database

UW Names Colville Tribal Federal Corp. Minority Business of the Year

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Author: 
Lynn Armitage
Year: 
2014

UW Names Colville Tribal Federal Corp. Minority Business of the Year

UW Names Colville Tribal Federal Corp. Minority Business of the Year
UW Names Colville Tribal Federal Corp. Minority Business of the Year

The tribal business for the Confederated Tribes of the Colville Reservation in North Central Washington–the Colville Tribal Federal Corp., or CTFC–recently won the 2013 William D. Bradford Minority Business of the Year Award. It’s the granddaddy of seven awards given annually by the University of Washington’s Foster School of Business that recognizes a company “that has demonstrated success in areas of revenue, size, superior management practices and commitment to the community.”

According to tribal member Joe Pakootas, the tribe’s 25th CEO in 29 years, CTFC generated $86 million in revenue in 2013, up from $49 million in 2010, by cutting costs, eliminating wasteful spending and most significantly, restructuring the business (formerly Colville Tribal Enterprise Corp.) as a federally chartered corporation under the Indian Reorganization Act of 1934...

business leadership, economic diversification, economic growth, federally chartered corporations, jobs, nation-owned enterprises, tribal enterprises
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Native Nations: 
Confederated Tribes of the Colville Reservation
Resource Type: 
News and Opinion
Topics: 
Economic and Community Development, Leadership

Armitage, Lynn. "UW Names Colville Tribal Federal Corp. Minority Business of the Year." Indian Country Today Media Network. January 15, 2014. Article. (https://indiancountrymedianetwork.com/news/business/uw-names-colville..., accessed January 21, 2014)

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