Monday, December 05, 2005

Native American Capital

We frequently receive requests on behalf of clients who are Native American, wondering if they qualify for any grants based on their heritage. As usual, there aren't any grants available specifically for Native American businesses.

Recently, though, I received an e-mail that announced the arrival of a company called Native American Capital. Their mission, according to their Web site, is to "foster and promote business and economic development in Indian Country through investment of private equity capital in promising new and developing high growth businesses in Native American and Alaskan Native communities."

As they are new, I don't have much information as to their effectiveness. However, if you've clients of Native American descent who have a promising business venture, this is a potential source that ought to be investigated.

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