Community , Business

Grant opportunity announced for tribes from business development institute

The Office of Indian Energy and Economic Development program is soliciting for applications for its Native American Business Development Institute grant program.

According to a news release from the Office of the Assistant Secretary of Indian Affairs, the program will fund some 20 to 25 grants, ranging in value from approximately $25,000

to $75,000. The grants will enable tribes and entities to conduct feasibility studies of proposed economic development projects, businesses and technologies located in designated Opportunity Zones. A map and list of Opportunity Zones are at https://www.cdfifund.gov/Pages/Opportunity-Zones.aspx.

IEED’s solicitation for NABDI funding and details on how to apply can be found in the Federal Register and at Grants.gov.

To qualify for funding applicants must submit a proposal and a supporting tribal resolution to IEED no later than September 28, 2020, using the standard Application for Federal Assistance SF-424 and the Project Narrative Attachment Form, both of which can be found at https://www.grants.gov/.

Proposals will be evaluated on their potential to create jobs and stimulate economic activity within a Native community, the applicant’s willingness to consider implementing recommendations resulting from the feasibility study, and the applicant’s focus on obtaining qualified guidance on how to attract investment from an Opportunity Fund.

Questions about NABDI may be addressed to James R. West, Native American Business Development Institute (NABDI) Manager, Office of Indian Energy and Economic Development, Room 6049-B, 12220 Sunrise Valley Drive, Reston, Virginia 20191; telephone: (202) 595-4766; email: jamesr.west@bia.gov.

Visit the Indian Affairs website for more information about IEED’s programs and Services at https://www.indianaffairs.gov/as-ia/ieed.