SBA Announces Grant Funding Opportunity for Small Native American Businesses

WASHINGTON – The U.S. Small Business Administration’s (SBA) announced that it is seeking grant proposals to award up to $700,000 in grant funding for projects that promote the development of innovative and successful Native American firms that are eligible for assistance under the SBA’s 7(j) Management and Technical Assistance Program.

The SBA expects to award three to seven grants to provide funding opportunities for Native American Micro Enterprise Business Services.

There is no matching fund requirement, and applications will be accepted through July 11, 2015.  (This release was issued on JULY 7, 2015)

The grant funding will be made to service providers to enable them to make unique management and technical assistance services available to eligible Native American small businesses that are approved by the SBA to receive services.  Specifically, the SBA is seeking unique and innovative projects to provide specialized training, executive education, and tools to promote business development of Native American small businesses.  However, grants cannot be used by small businesses themselves as a source of funding to grow or otherwise expand their individual enterprises.

Through this funding, the SBA is seeking proposals that center on the unique and innovative approaches to addressing the many challenges Native American firms and other 7(j) eligible firms face, including, but not limited to:

  • teaming with other businesses;
  • mastering the process of federal contracting; and
  • reversing declines and re-energizing small businesses.

To submit a proposal for this funding opportunity, an applicant:

  • may be a for-profit or not-for-profit entity (including, but not limited to small businesses, other-than small businesses, trade and professional associations, and educational institutions);
  • must have been in existence continually for at least the past three years;
  • must demonstrate substantive experience dealing with issues relating to small business; and,
  • must demonstrate that it has the capacity to provide assistance to small businesses.

About Sean Carpenter

Sean Carpenter is the President and Chief Executive Officer of Shamrock Development Associates, Inc., Government Deal Funding, LLC and all of its affiliated companies. Shamrock is a full scale development, consulting, public relations, corporate marketing, and asset/ property management firm. His knowledge of public programs has brought him to teaching opportunities to share his insight throughout the United States.

2 Responses to “SBA Announces Grant Funding Opportunity for Small Native American Businesses”

  1. Our company Teachin Fishin.us was created to convert rental apartments and condominiums into individual owned single family units purchased with no money down. We are taking the waste in typical apartments of 7% vacancy, high cost of maintenance caused by changing tenants and the cost of advertising for tenants, by awarding this money to the tenants that continue to stay with us.
    We decided to teach tenants how inflation can benefit them by locking in the purchase price of their unit along with ten percent (10%) of all rent paid will accumulate more than a 30% down payment for the tenant to purchase their unit with no additional money paid down. It is always difficult to save money and with Act 10, lenders are demanding that amount as a down payment. Our plan helps our residents to earn that equity without the difficulty of savings in the lowest earning years of their lives. We hope we are sending them into a life of investments in appreciating assets and we have done our best to prepare them.

  2. If we can get funding we will be able to expand our concept nationwide forcing investment groups to offer their residual value to their tenants that made their investment a success. This will fast lay improve the middle class helping them to get the start they need when they need it most.