New Research on Native American Entrepreneurship
Last Thursday marked the official release of Native Entrepreneurship in South Dakota's Nine Reservations, a research report that examines the small business development environment on South Dakota's nine Indian reservations. The report provides a detailed overview of major barriers to private small business development in reservations communities, federal and South Dakota state government small business funding and technical assistance programs, and Native-specific small business funding and support resources on each reservation. The report also includes a wide range of recommendations for investing in Native small business development. Specific recommendations are outlined for federal government agencies, South Dakota state government agencies, Tribal governments, Native CDFIs, Native support organizations and commercial lenders.
Prosperity Now Vice President for External Relations and report co-author Kim Pate presented the findings last Thursday at the Native CDFI Network Gathering in Minneapolis, MN.
The report was funded by the Citi Foundation and commissioned by Four Bands Community Fund on behalf of the South Dakota Indian Business Alliance (SDIBA). Visit SDIBA's website here to download the full report and report highlights.