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The Best Resources for Indigenous American Entrepreneurs

Online MBA shares the Best Resources for Indigenous American Entrepreneurs

According to the latest data from the U.S. Small Business Administration, the number of businesses owned by Native Americans has grown 15%, representing 272,000 firms and $39 billion in annual receipts. At the same time, Native Americans are still one of the most economically disadvantaged populations in the US. Online MBA compiled resources to lend support to Indigenous American entrepreneurs, from networking groups to grant opportunities.

In the article published by “Staff Entrepreneurs create new business opportunities for themselves and their communities. According to the most recent census, Indigenous Americans comprise 2.09% of the United States population. Comparatively, Indigenous Americans own and operate nearly 6% of all U.S. businesses, approximately 24,430 across the country.”

“Some unique difficulties may hinder Indigenous American entrepreneurs from opening small businesses. Indigenous entrepreneurs receive fewer opportunities to access funding, land, and business mentorship support from national and local institutions. Many organizations – nonprofit, Native-led, and federal – work to advance Indigenous entrepreneurs through financial, educational, and networking opportunities.”

You can read more here.