Office of Economic Development

Introduction

Created in 2016 through the adoption of the USET Comprehensive Economic Development Strategy (CEDS), the USET Office of Economic Development assists member Tribal Nations with the growth of economic and community development efforts. USET staff supports the work of healthy and vibrant Tribal economies through training and technical assistance opportunities, resource brokering, and research and data appraisals.

The USET Office of Economic Development understands that growing Tribal businesses means more people with jobs, new revenue sources for Tribal Nations, a more vibrant and resilient Tribal economy, and strengthening Tribal sovereignty.

Passamaquoddy Tribe at Pleasant Point Request for Quote FEMA Tribal Homeland Security Grant

Passamaquoddy Tribe at Pleasant Point received a FEMA Tribal Homeland Security Grant to develop a comprehensive strategy for Homeland Security and Emergency Management. This strategy will support mission areas from the National Preparedness Goal including prevention, protection, response and recovery. The deadline is August 12, 2002.

Economic Development News

Poarch Band of Creek Indians enterprise turns M&A focus to expiring 8(a) contractors

Tribally owned Poarch Creek Indians Federal Services understands the value proposition in buying strong-performing companies with existing federal contracts. Throughout its history, the enterprise of the Poarch Band of Creek Indians has started several companies to seize opportunities in the federal contracting sector, as well as made three acquisitions, including a deal this month for Fortis Industries Inc., a Huntsville, Ala.-based, veteran-owned facilities support provider.
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Four Native American projects awarded for rural water infrastructure

Four projects serving Native American tribes will receive a collective $7.3 million in funding under the U.S. Department of Agriculture Rural Development’s Water & Waste Disposal Grants program. Among the awardees, the Houlton Water Company in Maine received $1.08 million to replace two lift stations in the Houlton Band of Maliseet Indians community within the city of Houlton.
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Mashpee Wampanoag Tribe awarded grant to revive aquaculture business

The Mashpee Wampanoag Tribe plans to leverage a new federal grant to revive its First Light Farms aquaculture business, which fell on hard times at the onset of the COVID-19 pandemic. The Tribal Nation recently received word that it would receive $1.1 million in grant funding from the Commerce Department’s Economic Development Administration.
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State Small Business Credit Initiative (SSBCI) Program

The U.S. Department of the Treasury is extending the deadline for Tribal governments to initiate and submit their complete SSBCI Capital Program application to September 1, 2022, at 11:59 p.m. Eastern Time (ET) and the deadline to submit an application for the SSBCI Technical Assistance (TA) Grant Program to September 1, 2022, at 11:59 p.m. ET.
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Wabanaki Cultural Tourism Initiative Receives Funding for Native Tourism Infrastructure

The Wabanaki Cultural Tourism Initiative received a $374,000 boost to its efforts aimed at bolstering Native tourism in Maine. The funds included $224,000 from the U.S. Department of Health and Human Services and $150,000 from the Maine Office of Tourism, which the initiative will use to create a robust inter-tribal experiential tourism industry that both draws visitors year-round and preserves Wabanaki culture by 2030.
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