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.

NOW ACCEPTING 2022 AWARD NOMINATIONS!

We are now accepting nominations for the 2022 USET Chris Thompson Economic Development Professional Excellence Award! The award recognizes Tribal professionals and their innovation, dedication and contributions to economic development success in USET member Tribal Nation communities. The deadline for nominations is July 15, 2022.

National Small Business Week

National Small Business Week, May 1-7, 2022, is a time to honor and celebrate America’s entrepreneurs and innovative startups. This year’s theme, “Building a Better America through Entrepreneurship,” celebrates the resiliency and tenacity of America’s entrepreneurs, who are doing their part to power our nation’s historic economic comeback.

Economic Development News

Indian Business Incubators Program

The Indian Business Incubators Program grant opportunity is now accepting applications until June 17, 2022. For more information and to apply for this grant, please visit the Announcement page on Grants.gov. Through the Indian Business Incubators Program (IBIP), also known as the Native American Business Incubators Program, the Office of Indian Economic Development (OIED) will provide competitive grants to establish and run business incubators that serve entrepreneurs who will provide products or services in American Indian and Alaska Native communities.
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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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NAFAO Tribal Leader of the Year Award

Native American Finance Officers Association (NAFOA) honored Chairman Marshall Pierite with the Tribal Leader of the Year award for his 30 years of dedicated service and leadership to the Tunica-Biloxi Tribe of Louisiana. Chairman Marshall Pierite has served in every capacity within the Tribal Government - from Tribal Council Member to Director of the Social Service Department. Throughout his elected Tribal leadership, Chairman Pierite has focused on building government operations, budgeting and economic development, and advancing the needs and well-being of the Tunica-Biloxi Tribal community.
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Native American Business Development Grant

Applications are now being accepted for the NABDI grant. The deadline to apply is June 27th, 2022. By funding feasibility studies, the Native American Business Development Institute (NABDI) grant helps tribes weigh their risks to determine whether a project is worth pursuing and empower them to make informed decisions about their economic futures. Results from studies can often help tribes persuade lenders and investors to provide financial backing to help turn their idea into a reality.
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