Economic Justice Fund Repeats as CDFI Fund Grant Winner
Native entrepreneurship is growing. According to the U.S. Census Bureau, the number of businesses owned by American Indian and Alaska Native entrepreneurs increased by 15.3 percent from 2007 to 2012,01 and the number of businesses with employees reached 29,089 in 2016.02
But Native communities have much higher rates of unemployment and poverty than the rest of the U.S., and many Native entrepreneurs face steep barriers to accessing capital, including a lack of personal assets, geographic isolation, and the absence of local banks.
The Economic Justice Fund recognizes that entrepreneurship is a critical tool for strengthening Native communities, and we are committed to helping Native entrepreneurs succeed. Learn about the services we provide.
American Indian and Alaska Native poverty rate03
U.S. poverty rate