Island Mountain Community Development Financial Institution, doing business as Montana Native Growth Fund (MNGF) is an emerging Native CDFI, a separate entity with its own Board of Directors, mission and vision. The mission of Montana Native Growth Fund is to create economic opportunity
In this latest edition of “Difference Makers,” NCN sits down with Rjay Brunkow, who serves as CEO of Indian Land Capital Company (ILCC), which is based in Little Canada, Minnesota. A federally certified Native CDFI, ILCC provides alternative loan options to Native nations for land acquisition projects. Creating customized, flexible loan packages that suit the specific needs of Native nations and the unique circumstances of their land purchases, ILCC also works with its owner, the Indian Land Tenure Foundation, to provide technical assistance to Native nations as they develop and execute their land acquisition strategies.
The U.S. Department of the Treasury is extending the deadline for Tribal Governments to initiate and submit their complete SSBCI Capital Program application to October 31, 2022, at 11:59 p.m. Eastern Time (ET).
In this latest edition of “Difference Makers,” NCN sits down with Mary Miner, who serves as Vice President of Community Development for Alaska Growth Capital BIDCO, Inc., in Anchorage, Alaska. Alaska Growth Capital (AGC) is a federally certified Native CDFI that was founded in 1997 as Alaska’s first Business and Industrial Development Corporation (BIDCO). It was created to promote economic development and job creation by providing loans, investments, and management assistance to businesses, and is a leading provider of business loans utilizing programs offered by the U.S. Small Business Administration and the U.S. Department of Agriculture.
The NeighborWorks Achieving Excellence Program, conducted in collaboration with Harvard University, is now accepting applications through September 16, 2022 for the 11th cohort, starting in early 2023. Fifty high-performing CEOs and senior leaders of community-serving organizations across the country will have the opportunity to transform their organization for greater impact and address their top organizational challenge or opportunity….
Last week, the Native CDFI Network released its latest edition of “Native CDFIs: Difference Makers for Indian Country,” an interview with Jeff Tickle, who serves as General Manager of Cook Inlet Lending Center, Inc. (CILC) in Anchorage, Alaska. Formerly known as NaQenq’a, CILC is a federally certified Native CDFI that was created in 2001 as a social enterprise of the…
U.S. Senator Brian Schatz (D-Hawai‘i), Chairman of the Senate Committee on Indian Affairs released a resource guide on provisions supporting Tribes and Native communities in the Inflation Reduction Act of 2022 (IRA), which President Biden signed into law on August 16, 2022. More than $720 million in direct climate resilience and energy funding will be available to support Native-driven climate solutions….
The Community Development Financial Institutions Fund (CDFI Fund) at the Department of Treasury issued a Supplemental FAQs that amends the geographic eligibility guidelines for the FY 2022 Equitable Recovery Program (ERP) to include federally designated tribal service counties and service areas as “eligible Native areas” for the purposes of ERP (for the full explanation, please see page 5). The…
In this latest edition of “Difference Makers,” NCN sits down with Jeff Tickle, who serves as General Manager of Cook Inlet Lending Center, Inc. (CILC) in Anchorage, Alaska. Formerly known as NaQenq’a, CILC is a federally certified Native CDFI that was created in 2001 as a social enterprise of the Cook Inlet Housing Authority to address the need for affordable home financing and development services in the Cook Inlet Region of Alaska. It has since grown to offer small business loan products to Native entrepreneurs.
TACTIX: Free Online Training Program for Native Entrepreneurs! Apply Today! Register by Wednesday, August 17 for the Next TACTIX Training Cohort The Sequoyah Fund is proud to announce that their fifth TACTIX cohort will begin in September. TACTIX is a virtual course which provides Native entrepreneurs with tools to enhance their digital marketing, including social media and…