Business support

Welcome to our Business Support hub, brought to you by Plenty Doors Community Development Corporation. Explore a wealth of resources tailored for business development, including information on the Business Incubator Program, Native Business Support, and the Apsáalooke Community Market. Empower your small business journey with the support and expertise provided by Plenty Doors, fostering sustainable growth and success.

Leakage Analysis

In 2021, Plenty Doors conducted a “leakage analysis” of the Crow Reservation economy. A leakage study analyzes dollar leakages (that is, where residents are spending money outside the local economy) and opportunities for plugging leaks. By studying leaks of dollars – that is, goods and services being imported that could be produced locally – a community can identify the most promising markets for new or expanded local businesses. The leakage analysis is complete and determined that the Crow Reservation has a highly undiversified economy with massive leakage. For every dollar that comes into the Reservation, an estimated 85 cents leaves immediately through non-local expenditures. The analysis also showed the community desperately lacks buildings and space to house businesses.

The mission of the project is to develop the Crow community’s ability to launch and nurture businesses run by tribal members. By expanding the number, size, and reach of Indigenous businesses, Plenty Doors seeks to strengthen the regional economy and improve the quality of life for the Apsáalooke.

Business Incubator Program

What is a Business Incubator? A business incubator is a workspace created to offer startups and new businesses access to the resources they need, all under one roof. In addition to a desk or office, incubators often provide resident companies with access to expert advisors, mentors, administrative support, office equipment, training, and/or potential investors. Most incubators are created as temporary launching pads for new businesses, with the expectation that participants will eventually graduate and move out. Plenty Doors has implemented a program for local Native-owned businesses operating on or near the Crow Reservation

Current incubated business

Tipi Creek Café
4-Points Media
Two-Whistles Construction
The Morningstar Federal Credit Union

Support Provided

Access to computers and internet.
Access to printing services.
Financial & Bookkeeping Services
Web Design Services

For more information contact.

Carla Catolster

Business Incubator Manager/ IDA coordinator.

Carla@plentydoorscdc.onmicrosoft.com

IDA Program

The Individual Development Account (IDA) Program is a savings incentive program. The program will reward the act of saving by matching and paying the money out to an asset specific invoice/bill.

There are 4 different Qualified Assets that one can save towards: Homeownership/Home Repair, Education, Business and Debt Reduction. The Program teaches personal finance; including budgeting, savings strategies and planning to meet financial goals.

Plenty Doors will help you start saving and reach your goals faster by matching each deposit up to $1,000. For every $1 saved, Plenty Doors contributes $4, with a maximum match of $4,000.

Program Eligibility Requirements

-Applicants must be an enrolled Crow Tribal member, descendant or married to an enrolled member, and live within 25 miles of the Crow Reservation.

-Applicants must meet the current HUD Income Guidelines and Limits.

To be paid out the 4:1 Match, one must attend all required meetings, trainings or classes, make regular/ minimum monthly deposits or more, and use savings for the qualified assets or other uses as approved by IDA program staff.

For more information contact.

Carla Catolster

Business Incubator Manager/ IDA coordinator.

Carla@plentydoorscdc.onmicrosoft.com

Native Business Support

Classes and workshops are offered to community members and small business owners. These classes are designed to inform and assist our community members to be successful financially.

Classes Offered

Credit Builder Classes
Financial Literacy Classes
Food Handlers ServeSafe Classes
Technical Assistance for Indian Equity Fund Grant Application
Small Business workshops
Business Financial workshops
One-on-one support is provided to businesses and individuals to improve credit health
Business planning assistance from start-up to expansion
VITA Tax preparation services

For Upcoming Classes

Contact

Roberta Glenn

Development Services Community coordinator.

Roberta@plentydoorscdc.onmicrosoft.com

Apsáalooke Community Market

Plenty Doors offers dates throughout the year indoor/outdoor to showcase and give area vendors and small businesses to sell their products; ranging from foods, drinks, baked goods, jewelry, beaded items, leather work, clothing and wearable art. The list is never limited, all are welcome to come and sell their items and promote their business, no matter the size.