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Native American entrepreneurs build a network of success

Oregon’s Native American entrepreneurs launched businesses at one of the nation’s fastest rates before the recession, opening their doors at a pace more than double the U.S. average.

Most were solo entrepreneurs, who generated more than $105 million in sales in 2007. Of those, 4,263 Native businesses survived, a nearly 40 percent increase from 2002.

But official statistics stop in 2007 — the year before the great recession rattled small business across the country. The status of entrepreneurship today, as well as economic development, are among pressing issues for the 3,000 tribal leaders convening in Portland this week starting today for the National Congress of American Indians’ annual convention http://www.ncai.org/.

By Molly Young, The Oregonian

Full Story: http://www.oregonlive.com/business/index.ssf/2011/10/native_american_entrepreneurs.html

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