{"id":42124,"date":"2024-10-21T13:08:41","date_gmt":"2024-10-21T17:08:41","guid":{"rendered":"https:\/\/indianz.com\/News\/?p=42124"},"modified":"2024-10-21T13:08:42","modified_gmt":"2024-10-21T17:08:42","slug":"a-new-era-indian-country-sees-big-investments-in-economic-development","status":"publish","type":"post","link":"https:\/\/indianz.com\/News\/2024\/10\/21\/a-new-era-indian-country-sees-big-investments-in-economic-development\/","title":{"rendered":"‘A new era’: Indian Country sees big investments in economic development"},"content":{"rendered":" \"Chickasaw<\/a>
Leaders of the Chickasaw Nation celebrate the grand reopening of Mahota Textiles, a tribally-owned business in Sulphur, Oklahoma. Photo: Chickasaw Nation Gov. Bill Anoatubby<\/a><\/figcaption>\r\n
‘A new era’: Indian Country sees big investments in economic development<\/div>\r\n
Monday, October 21, 2024<\/div>\r\n
By Acee Agoyo<\/div>\r\n
Indianz.Com<\/div>\r\n

<\/p>\r\nThe Department of the Treasury<\/a> is celebrating a major milestone in tribal economic development, surpassing the $500 million mark in investments for small businesses and entrepreneurs in Indian Country.\r\n

<\/P>\r\nThrough the State Small Business Credit Initiative<\/a> (SSBCI), tribes have been developing their own small business, financing and other economic initiatives. As of October 2024, $523 million has been invested in Indian Country. \r\n

<\/P>\r\n\u201cI am proud to announce the approval of over $500 million in funding for Native American small businesses,” Vice President Kamala Harris said last Thursday. “These investments increase access to capital and expand economic opportunity in tribal communities.”\r\n

<\/P>\r\n“With this funding, these entrepreneurs will be able to access the technical assistance they need in order to hire more employees, grow their businesses, and advance innovation, which — in turn — grows our economy as a whole,\u201d said Harris, who has made tribal sovereignty<\/a> a regular part of her speeches on the 2024 presidential campaign trail<\/a>.\r\n

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