Advantages at a Glance
CNB actively seeks business partners who are interested in working with the Cherokee Nation. There are many advantages to working or contracting with CNB. Some examples include:
- Access to excellent branding opportunities, with the positive name identification of the Cherokee Nation to build brand recognition and goodwill.
- Access to the 8(a) program of the U.S. Small Business Administration (SBA). Companies that are certified under the 8(a) program are eligible for unlimited set-aside contracts from the federal government. Several of the companies owned or overseen by CNB qualify as 8(a) companies.
- Access to the HubZone program of the SBA. The federal government has set-aside contracts for companies, such as CNB, that are located in a designated HubZone, areas in need of economic development. In addition, when companies located in HubZones compete for federal contracts their bid prices are automatically discounted by 10 percent for purposes of evaluating contract bids.
- Access to the Small Disadvantaged Business (SDB) program of the SBA. The federal government sets aside 5 percent of all contracts for SDB companies. Companies owned by CNB automatically qualify for this designation. Like the HubZone program, bids from SDB companies are automatically discounted by 10 percent for purposes of evaluating contract bids.
- Access the Department of Defense Indian Subcontracting Program that provides a 5 percent rebate to prime contractors who subcontract to Indian owned enterprises.
- Exemption from the cumbersome A-76 processes, a cost comparison study, when securing federal government outsourcing contracts.
Access to substantial employment and depreciation tax treatment for partners who do business within the Cherokee Nation. Click here to learn more.