iStockphoto
A new center is launching to foster economic development and growth in Indian country.

Economic Development Webinar Will Launch Center for Indian Country Development

ICTMN Staff
8/13/15

Those wishing to learn more about ways to foster economic development in Indian country can tune in on Monday, August 17 at 2 p.m. EDT for a free webinar on the subject 
to launch the Center for Indian Country Development at the Federal Reserve Bank of Minneapolis.

The goal is to help cultivate economic prosperity so as to bring American Indian communities up to par with the overall population in the U.S.

“Native American communities continue to lag behind the rest of the nation in economic development, investment, employment, entrepreneurship and access to capital,” the Minneapolis Federal Reserve said in a statement. “The CICD’s mission is to help self-governing communities of American Indians in the United States attain their economic development goals.”

The center’s goal is to develop Native entrepreneurship and small-business ownership; make capital accessible to Native-owned small businesses, and find ways to work around federal laws and procedures that may be hampering economic development.

“The Center’s mission is to help self-governing communities of American Indians in the United States attain their economic development goals,” said the Federal Reserve Bank of Minneapolis in announcing the upcoming website.

Economic development in Indian country has come a long way in the past several decades, it is well documented that many obstacles to full employment and business sustainability remain. Income for American Indians on reservations has increased almost twofold since 1970, but Natives only earn a small portion of the U.S. average. The center will help incubate economic self-sufficiency.

RELATED: Meeting Economic Development Challenge in Indian Country

Those interested in attending the webinar, which will also be available online afterward, can register online at the Center for Indian Country Development.

You need to be logged in in order to post comments
Please use the log in option at the bottom of this page