- By Tribal Business News Staff
- Economic Development
WASHINGTON, D.C. — The Bureau of Indian Affairs Office of Indian Economic Development has started soliciting applications for its Native American Business Development Institute grant program.
The grant program will fund between 20 to 35 grants ranging in value from $25,000 to $75,000, according to a statement. These grants will enable federally recognized American Indian and Alaska Native tribes to perform feasibility studies and/or design business plans “for economic development projects, businesses, or technologies.”
“The Native American Business Development Institute is an important resource for tribal governments seeking to explore, examine or expand on activities that support their economic development efforts,” Principal Deputy Assistant Secretary of Indian Affairs Bryan Newland said in a statement.
Newland is awaiting Senate confirmation for his appointment as Assistant Secretary of Indian Affairs in the Department of the Interior, as Tribal Business News previously reported.
Proposals must be submitted via a federal grants website by 9 p.m. Eastern Daylight Time on July 2. The agency will weigh competitive and discretionary grants that will target proposals that potentially create jobs and economic activity.
Grant recipients have a year to complete the proposed feasibility studies. More information about the grants is available at the BIA’s website.
“Economic self-sufficiency is a key component of tribal self-determination and sovereignty,” Newland stated. “NABDI grants are another example of how Indian Affairs and DOI work to support both.”
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