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Access to Capital in Indian Country

The Small Business Administration (SBA), in coordination with WHCNAA and with involvement from DOC, DOE, DOI, Treasury, USDA, OMB, and the White House Council of Economic Advisers, has announced a new access to capital initiative with the goal of increasing awareness, access, and utilization of financing opportunities for Tribal Nations. Implementing part one of the plan—awareness—will entail identifying and summarizing all loan and financing programs available to Tribes, including through ARP, BIL, the CHIPS and Science Act, and the IRA. Part two of the plan—access—will involve identifying barriers to capital and summarizing policy, regulatory, and statutory solutions to increase access to federal financing programs. Part three of the plan—utilization—will involve increasing utilization of federal capital programs by establishing baselines of use and setting metrics to improve the utilization rate of the programs.

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