Minority Business Development Agency Awards $3.9M to Serve Indigenous Community

Minority Business Development Agency Awards $3.9M to Serve Indigenous Community
DModeste@mbda.gov
Tue, 11/23/2021 – 10:13

FOR IMMEDIATE RELEASE
Tuesday, November 23, 2021
State and local Tribal organizations to provide training programs, access to capital, and business development to Native entrepreneurs

WASHINGTON (November 23, 2021) — The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) awarded $3.9 million in federal funding to thirteen (13) grant recipients to establish MBDA American Indian, Alaska Native, and Native Hawaiian (AIANNH) projects. To support Tribal and native business growth, the AIANNH Projects aim to address one or more of three strategic initiatives: innovation and entrepreneurship (e.g., business trainings, incubators, coaching); strategic planning (e.g., entrepreneurial and economic development); and/or transformative projects (e.g., infrastructure focused public-private partnerships, and broadband).

“Minority business enterprises in Tribal communities are a critical component of the U.S. economy,” said MBDA Acting National Director Miguel Estién. “These programs are investments in community institutions and organizations who will provide Native entrepreneurs with the assistance they need to be competitive and grow their businesses.”

The MBDA AIANNH Projects are two-year grants, each recipient receiving $300,000 per year. Recipients include:

MBDA American Indian, Alaska Native, and Native Hawaiian projects:

Alaska: Cook Inlet Tribal Council, Inc
Arizona: Arizona Hispanic Chamber of Commerce
Arizona: National Center for American Indian Enterprise Development
California: Asian, Inc
Montana: Native American Development Corporation
Montana: Salish Kootenai College
Oklahoma: Rural Enterprises of Oklahoma, Inc
Oklahoma: Oregon Native American Business Entrepreneurial Network
Oregon: Oregon Native American Chamber
New Mexico: Southwest Business Development Consultants, LLC
New Mexico: Regents of New Mexico State University
Michigan: Sault Ste. Marie Tribe of Chippewa Indians
Washington: South Puget Intertribal Planning

For the latest information on MBDA programs and announcements, please visit www.MBDA.gov.

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