This $496,860 project grant from the Department of Commerce Economic Development Administration supports the Four Bands Community Fund coalition's proposal to develop an Indigenous finance industry serving Native communities in North Dakota, South Dakota, Montana, and Wyoming. Through five component projects including strategic planning, workforce development, infrastructure development, an innovation center, and a revolving loan fund, the coalition will build the Indigenous finance industry...
This $6.36 million project grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program will support the Mountain | Plains Regional Native CDFI Coalition's efforts to expand economic opportunity in Native American communities in Montana, North Dakota, South Dakota, and Wyoming. Led by the Four Bands Community Fund, the coalition of nine Native Community Development Financial Institutions will use the funding to create a $6.36M revolving...
This $6.8 million Economic Development Administration project grant supports the Mountain | Plains Regional Native CDFI Coalition led by Four Bands Community Fund. The Coalition will grow the Indigenous finance sector across Montana, North Dakota, South Dakota and Wyoming. Key deliverables include establishing a $6.8 million revolving loan fund for Native entrepreneurs and small businesses. Additionally, the Coalition will implement a workforce training program, improve data infrastructure,...
The Economic Development Administration awarded a $24.2 million Project Grant to the Four Bands Community Fund Inc. under the Economic Adjustment Assistance program (CFDA 11.307). The grant will support the Mountain | Plains Regional Native CDFI Coalition led by Four Bands Community Fund in growing the Indigenous finance sector across Montana, North Dakota, South Dakota, and Wyoming. Key deliverables include establishing a $24.2 million revolving loan fund for Native entrepreneurs and small...
The U.S. Department of Commerce Economic Development Administration (EDA) awarded $381,235 under the Economic Adjustment Assistance (EAA) program to conduct a feasibility study for a California Indian Traditional Food Incubator located in Sonoma County, California. The study will help develop a roadmap to attract private investment and advance economic resiliency in the region by leveraging Sonoma County's agriculture and food cluster. Specifically, the feasibility study aims to increase the...
The U.S. Department of the Interior Bureau of Indian Affairs has awarded a $1,518,818.81 Cooperative Agreement to The National Center For American Indian Enterprise Development (NCAIED), a non-profit, minority-owned, and Native American-owned organization located in Mesa, Arizona. This award is funded through the Indian Economic Development Federal Grant Program (CFDA 15.032), which supports economic development initiatives for federally recognized Native American tribes. The award will...
The Department of Commerce Economic Development Administration (EDA) awarded a $250,000 Project Grant to the Cheyenne River Sioux Tribe under the Economic Adjustment Assistance (EAA) program (CFDA 11.307). The funding will support master planning for the 250-acre Touch the Cloud site in Eagle Butte, South Dakota to address local and regional workforce development needs. Specifically, the grant will fund planning for commercial development at the site, including the Lakota Thrifty Mart anchor...
The Northern Arizona Technology & Business Incubator, Inc., doing business as the Northern Arizona Center, received a $970,000 project grant award from the Department of Commerce Economic Development Administration on April 15, 2021 to develop and demonstrate virtual economic development strategic planning tools through October 31, 2022. Funded under the EDA's Economic Adjustment Assistance program, the award will support the creation and demonstration of powerful online tools to aid rural...
This Project Grant award from the U.S. Department of Commerce Economic Development Administration (EDA) under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300) will provide $308,229 to the Red Lake Band of Chippewa Indians to address inflation-related cost overruns and maximize the value of EDA's investment in the renovation of an existing building to establish a new small business incubator for the Red Lake Band. The award date is September 13, 2024. The...
The Economic Development Administration (EDA) awarded a $165,000 Project Grant to the Delaware Nation under the Economic Adjustment Assistance (EAA) program (CFDA 11.307) to hire an economic development consultant. The consultant will assist the Nation in developing a Comprehensive Economic Development Strategy (CEDS) to guide its ongoing economic development activities in its tribal lands located in southwestern Oklahoma. The CEDS will address planning needs to mitigate economic disruptions...