Finance
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- By Chez Oxendine
- Finance
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ALLIANCE, Neb. — Serial entrepreneur Edison Red Nest III elevated his family’s passion for movie nights to the next level.
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- By Joe Boomgaard
- Finance
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MILWAUKEE, Wis. — After a year out of work due to a bad injury in 2005, Norman Kitchenakow lost his independent trucking business, his house and all the good credit he’d built up to that point in his life.
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- By Chez Oxendine
- Finance
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The U.S. Department of the Treasury has again extended the deadline for applications for its State Small Business Credit Initiative that could create $500 million in credit opportunities for Native-owned small businesses.
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- By Joe Boomgaard
- Finance
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Given the lack of access to capital in Indian Country, Indigenous entrepreneurs have fewer places to turn for help when it comes time to start or grow their businesses.
In a growing number of communities across the country, Native Community Development Financial Institutions (CDFIs) are stepping up to fill part of that void.
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- By Chez Oxendine
- Finance
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RAPID CITY, S.D. — Walt Swan Jr. says his “ugly mug” adorns the front of the South Dakota Economic Impact Report from Google because of advice he received from the Four Bands Community Fund.
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- By Joe Boomgaard
- Finance
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MINNEAPOLIS, Minn. — A venture capital firm founded to invest in Black, Latinx and Indigenous technology startups has partnered with three tribes to create equity financing solutions that fit with tribal values.
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- By Mark Fogarty
- Finance
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A Utah tribe that owns a mortgage banking agency is promoting down payment assistance as a way of boosting the volume of home loans among American Indians and all minorities.
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- By Joe Boomgaard
- Finance
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Fresh off the heels of a “huge win” in the spending bill this month, the national trade group representing Native community development financial institutions aims to keep the momentum going with a focus on increasing the visibility of the industry.
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- By Mark Fogarty
- Finance
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Although they’re often a complicated maze of programs, housing trust funds can serve as a key piece of the funding pie as American Indian tribes seek to develop affordable housing.
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- By Chez Oxendine
- Finance
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TUBA CITY, Ariz. — Native American entrepreneurs face a chronic lack of access to capital. Whether it’s the lack of banks on reservation lands, a lack of eligible land as collateral, or a disconnect between Natives and traditional investors, many aspiring business people in Indian Country cannot access capital in the same way as less marginalized communities.