Company Overview
Wholly-owned by the Grand Traverse Band of Ottawa and Chippewa Indians, GTED is the commercial investment entity that provides a consistent, supportive, and structured management platform in order to best support our subsidiary companies.
The GTB’s casino profits are strong, but threat of increased competition for gaming customers has existed for years, and the GTB’s tribal leaders are excited to move away from a budget that’s dependent on the rise and fall of the gaming industry. Through GTED, the tribe can leverage their SBA Tribal 8 (a) pending certification to compete for government contracts, explore different revenue vehicles and expand profits. By purchasing existing businesses with a proven track-record, the sky is the limit with regard to diversifying revenue streams; however, because GTED is a separate corporation the tribe’s assets are protected. GTED is empowered by separating tribal politics from day-to-day business and subsidiary management. GTED will increase the prosperity of current and future generations by introducing a depth of new knowledge, expanding fiscal opportunities, challenging assumptions and proposing change.
While servicing existing relationships and building new ones, the GTED group of companies achieve well-managed business growth in traditional and evolving markets with an emphasis on sustainability and commitment to our people.
Today we are proud to enrich the lives of our people in many ways. With the wisdom, energy, and ideas of everyone who contributes to the GTB, our success will benefit the entire community.
We, the non-gaming, economic development entity of the Grand Traverse Band of Ottawa & Chippewa Indians, a Sovereign Nation, honor our ancestors and strive to empower the well being of our present and future generations.
Learn all
about us
Traverse City is in a unique phase of its development in terms of the robust investment community, the burgeoning IT community, the substantial manufacturing community, the necessary and very strong service industry community, and now through the leadership of the Grand Traverse Band (GTB), the federal government contracting arena. The GTB contributes to the local economy through many jobs in their gaming operations and their government offices, including their payroll contributing to the economic well-being of the community, their 2% community outreach grant program, their cultural diversity, and now through business development in the federal and state contracting arena. We see this as a collaborative effort allowing us to ascertain federal and state contracting solicitations using local talent and companies to build our scope and capability to complete for contracting opportunities. The GTB using their non-gaming economic development entity (GTED) has committed to being certified by the SBA for the Tribal Section 8 (a) Business Development program, HUBZone, as well as DBE and MBE certifications. Collectively, GTED and our subsidiaries look to lead the local effort into the federal and state contracting arena.
GTED’s vision is to provide the opportunity for the Grand Traverse Band of Ottawa and Chippewa Indians, empowering current and future generations to be culturally centered, physically and mentally healthy, economically successful, and unified within our community. We envision a future in which all of our people, in part because of the successes of GTED, will have access to vast career opportunities, and have the ability, confidence, and courage to advance and achieve their goals.
The GTB contributes to the local economy through many jobs in their business operations and their government offices, including their payroll contributions to the economic well-being of the community, their 2% community outreach grant program, their cultural diversity, and now through business development in the federal and state contracting arena.
Our Awesome team
ChairmanTom Shomin
.