Finance
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- By Tribal Business News Staff
- Finance
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National nonprofit Oweesta Corporation has received a $10 million commitment from Goldman Sachs to support Native Community Development Financial Institutions (CDFIs) and promote economic growth in tribal communities.
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- By Chez Oxendine
- Finance
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Three decades of confusion around the tax status of tribally chartered businesses may soon come to an end with new federal rules announced on Monday.
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- By Megan O’Matz and Joel Jacobs, ProPublica
- Finance
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The sprawling business empire created by tribal leaders in northern Wisconsin was born of desperate times, as the Lac du Flambeau Band of Lake Superior Chippewa Indians faced financial ruin. Its subsequent success would be built on the desperate needs of others far from the reservation.
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- By Megan O’Matz and Joel Jacobs, ProPublica
- Finance
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In bankruptcy filings and consumer complaints, thousands of people across the country make pleas for relief from high-interest loans with punishing annual rates that often exceed 600%.
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- By Chez Oxendine
- Finance
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More than $80 million in U.S. Treasury funding could catalyze an additional $830 million in economic opportunities for Alaska Native small businesses, officials said during a press call Tuesday.
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- By Tribal Business News Staff
- Finance
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The U.S. Department of the Treasury announced $65 million in funding to support Native American small business and entrepreneurship through the State Small Business Credit Initiative (SSBCI).
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- By Tribal Business News Staff
- Finance
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The nonprofit Native CDFI Network and banking giant Wells Fargo on Thursday announced a year-long initiative to bolster economic opportunities and financial inclusion for Native American communities in California and Nevada.
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- By Chez Oxendine
- Finance
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In early 2023, the Federal Home Loan Bank of Topeka (FHLB Topeka) wondered if they would see demand for a new grant program for Native American housing projects.
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- By Chez Oxendine
- Finance
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A new grant fund could help close the funding gap for Native homeowners in several southwestern states.
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- By Tribal Business News Staff
- Finance
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Artemis, a Vancouver-based technology company led by Indigenous co-founder Josh Gray, has secured $1.5 million in pre-seed funding to simplify data preparation and automate data cleaning for businesses.