Up to $75,000 in grant funding available for Tribes seeking to complete feasibility studies
Grant funding of up to $75,000 is now available for Tribes seeking to conduct feasibility studies to determine the viability of economic development opportunities.
Applications are due September 15, 2020.
The funding is offered through The Office of Indian Energy and Economic Development’s (IEED) Native American Business Development Institute (NABDI). No matching funds are required. IEED anticipates award of approximately 20-25 grants under this announcement.
Grant funds are intended to pay consultant fees associated with completing feasibility studies. Eligibility for funding is limited to those applicants whose proposed projects, businesses, or technologies will be located in designated Opportunity Zones.
Past awardees have paid consultants to explore the viability of a for-profit abalone farm; to explore the potential for value-added products; and to explore the feasibility of developing and operating hotels; conference centers; casinos; medical facilities; and tourism centers.
Grant funds are also intended to fund applicants to obtain qualified guidance on how the development projects, businesses, or technologies they propose can attract investments from an Opportunity Fund.
The full grant announcement can be found here.
For more information on this grant or how to apply with Morrison’s assistance, please contact the Morrison Grants Team by email at email@example.com or call us at 530-893-4764.