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You are here: Home / Type of Eligible Entity / Businesses / 2023 Tribal Economic Diversity Fund Grant – New Mexico

2023 Tribal Economic Diversity Fund Grant – New Mexico

Dated: July 6, 2023

Regional Development Corporation’s Tribal Economic Diversity Fund awards businesses owned by a federally recognized Indian tribe or by an enrolled member(s) of a federally recognized Indian tribe for critical technical services and equipment.

Donor Name: Regional Development Corporation

State: New Mexico

County: Selected Counties

Type of Grant: Grant

Deadline: 08/01/2023

Size of the Grant: Up to $8,000

Details:

Awards are made on a competitive basis and are intended to provide services to tribal business entities that diversify revenue, leverage other investments, create new jobs and/or put systems in place that lead to growth.

The goal is to sustain and assist developing businesses in Northern New Mexico with job creation and diversifying the region’s economy.

Funding Information

Up to $8,000.

Eligibility Criteria

  • Business enterprise owned by a federally recognized Indian tribe; or business owned at least 51% by an enrolled member(s) of a federally recognized Indian tribe from the Pueblos of Cochiti, Jemez, Nambe, Ohkay, Picuris, Pojoaque, San Ildefonso, Santa Clara, Taos, or Tesuque
  • Business headquartered in Los Alamos, Mora, Rio Arriba, San Miguel, Sandoval, Santa Fe, or Taos County
  • Business-only bank account encouraged
  • Been in business for at least 6 months before applying
  • Preference given to first-time applicants and previous unawarded applicants
  • Funds to be used to:
    • Procure needed business equipment
    • Pay for advertising and/or marketing costs
    • Purchase consulting services
    • Purchase specialized software

Requirements

  • Outline specific purchases that can be completed within 6 months from award date.
  • Submit a Tribal Economic Diversity Fund application by the deadline.
  • Unless other arrangements have been made upfront and approved, pay for funded purchases and submit paid invoices for reimbursement

For more information, visit RDC.

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