How Native Entrepreneurs Can Access Grants & Funding

Key Grant Programs for Native American Small Businesses

Native American small businesses can benefit from various grant opportunities aimed at promoting economic development, supporting business expansion, and increasing access to resources. These grants are provided by federal agencies, tribal governments, and nonprofit organizations. 

Below is an overview of the most important grant opportunities for Native American-owned businesses:

1. Indian Equity Fund (IEF) Small Business Grant

Administered by the Montana Department of Commerce, this grant supports Native American entrepreneurs in Montana.

• Eligibility: Applicants must be members of a federally recognized tribe in Montana.
• Use of Funds: This grant can be used for purchasing equipment, land, technology, and other assets to help grow the business.
• Grant Amount: Up to $14,000, with a requirement of matching funds from the business.

2. Native American Business Development Institute (NABDI) Grant

This grant, offered by the Bureau of Indian Affairs, funds feasibility studies and business plans for economic development projects.

• Eligibility: Open to tribes and tribal organizations.
• Grant Amount: Between $25,000 and $75,000.
• Use of Funds: NABDI grants can be used to hire consultants for conducting research on business viability​.

3. First Nations Development Institute Grants

This organization provides a range of grants for Native American small businesses, with a focus on promoting business education and economic empowerment.

• Eligibility: Native American entrepreneurs and community-based businesses.
• Use of Funds: The grants support various business needs such as startup capital, business planning, and expansion​.

4. U.S. Small Business Administration (SBA) 8(a) Business Development Program

This SBA program helps socially and economically disadvantaged entrepreneurs, including Native Americans, access government contracting opportunities.

• Eligibility: Native American entrepreneurs can apply if their businesses meet the SBA’s eligibility criteria for small disadvantaged businesses.

5. Community Development Financial Institutions (CDFI) Fund

The Native American CDFI Assistance Program (NACA) provides grants to Native American CDFIs, which in turn offer loans and financial services to Native-owned businesses.

• Eligibility: Certified Native CDFIs and businesses within their service areas.
• Use of Funds: Grants support financial assistance and capacity building for businesses​

For detailed information and assistance, contact the Small Business Administration.

Tips for Applying for Native American Business Grants

Applying for grants and SBA loans can be a complex process, but it offers valuable opportunities for Native American business owners. Whether you’re applying for a government grant or funding from a nonprofit organization, preparing a strong application is key to increasing your chances of success.

These tips will help you navigate the process, avoid common pitfalls, and present a compelling case for why your business should receive funding. Make sure to thoroughly research each grant and prepare your application with care to maximize your opportunity for success.

1. Research Eligibility Requirements

Every grant has specific eligibility criteria, which may include being a member of a federally recognized tribe, operating within certain industries, or conducting business in a specific geographic area. Carefully review the eligibility criteria before applying.

2. Prepare a Solid Business Plan

Many grants require a detailed business plan that outlines your objectives, how the grant funds will be used, and how the business will benefit from the grant. Make sure your business plan is comprehensive and clearly explains the need for funding.

3. Follow the Application Instructions Closely

Each grant application comes with its own set of instructions, deadlines, and required documentation. Missing a detail can result in the disqualification of your application. Be thorough and double-check everything before submission.

4. Seek Technical Assistance

Many organizations, including the SBA’s Office of Native American Affairs and various tribal business centers, offer free technical assistance for grant writing and business development. Utilize these resources to strengthen your application​.

5. Plan for Matching Funds

Some grants, like the Indian Equity Fund, require businesses to match the grant amount with their own funds. Ensure you have access to these funds or can demonstrate how you plan to obtain them. Create a financial plan that shows that you actually need the funding and how you plan to generate revenue to ensure a viable business.

6. Track Deadlines and Application Cycles

Grants often have specific application periods. Keep track of deadlines and make sure you apply within the correct cycle to avoid missing out on funding opportunities​.