Tribal Business News

You can't have a community without small business.' This truth echoed through the halls of the 5th annual Native CDFI Summit in Washington, D.C., where leaders gathered to share their work supporting Indigenous entrepreneurs. Leaders from across Indian Country highlighted their latest initiatives: -Creating new business incubator spaces -Expanding loan funds for increased capital access -Developing infrastructure for business growth -Building intergenerational wealth through entrepreneurship These investments aren't just about economics – they're about strengthening Native communities, one business at a time. Read how these difference makers are empowering Indigenous entrepreneurs: https://lnkd.in/eV4zATMp #NativeCDFI #SmallBusiness #IndianCountry

BREAKING: MacKenzie Scott awards over $103M to Native CDFIs in historic investment supporting Indigenous financial institutions. The unrestricted funding will expand housing, business loans, and financial services across Native communities nationwide. #NativeCDFI #IndigenousFinance #TribalEconomy

The Twenty-Nine Palms Band of Mission Indians has opened its third Red Falcon cannabis dispensary in Yucca Valley, CA, expanding tribal presence in the $33.6B U.S. cannabis market, Tribal Business News reports. The new location joins existing sites in Twentynine Palms and Coachella, where the tribe operates a first-of-its-kind cannabis lounge. #TribalBusiness #Indigenous Cannabis #TribalEconomy

The U.S. Department of the Treasury awards $8.6M to tribal governments in latest SSBCI funding round, bringing total tribal allocations to over $530M. The Penobscot consortium receives $3.2M to boost hospitality businesses. The program has now reached 246 tribes, with more technical assistance grants coming. Tribal Business News has this report. #IndianCountry #NativeBusinesses #TribalEconomicDevelopment #SSBCI

Sen. Ed Markey called on Native CDFIs to accelerate deployment of $20B in federal climate funds that could leverage up to $250B in total investment for tribal communities. Speaking at the Native CDFI Network, Inc.'s annual summit, Markey emphasized this funding aims to correct historical inequities in federal program access. "That's not a game changer. That's a whole new sport," he said of the clean energy investment potential. Tribal Business News has this report.

All 574 federally recognized tribes to get 10 years of free access to AI-powered grant-finding platform through a new Syncurrent partnership with the U.S. Department of the Interior and Native CDFI Network, Inc. The platform aims to address funding disparities in Indian Country. Tribal Business News has the details. #NativeNews #TribalBusiness #TribalEconomy #AI

Here's the latest Tribal Business News people on the move: New appointments at Umatilla, NARA Northwest, NAFSA, First American Capital Corp, plus Native leaders joining Federal Reserve's Indian Country council, and more. #TribalEconomy #NativeAmerican #IndianCountry #NativeTalent

At last Thursday's NAFOA webinar, tribal law experts Telly Meier and Ken Parsons broke down Treasury's landmark rule change on tribal enterprise tax status, Tribal Business News reports. Key takeaways: The rule ends decades of uncertainty, opens doors for renewable energy credits, and needs tribal input before the Jan. 2025 deadline. Here's what financial officers and tribal leaders need to know.

When Alaska Native veterans answered the call to serve during Vietnam, they missed their chance to claim ancestral lands back home. Now in their 80s, they have one final opportunity to secure a legacy for their families - but the Bureau of Land Management is racing against time to find 150 veterans before the 2025 deadline. The land allocation program has opened up 39 million acres, hoping to reach every eligible veteran before it's too late. Tribal Business News has the story.

After 26 years supporting Native American students at Sacramento State, Dr. Annette Reed had retired — for exactly one week. Now she's back as dean of the CSU system's first Native American College, launching fall 2025. In this Q+A with Tribal Business News, she discusses her vision for student success, tribal partnerships, and building an educated Native workforce. #HigherEducation #NativeAmerican #Leadership