Federal development funds will let Oklahoma tribes expand access to capital
Last updated 9/15/2023 at 9:40am
WASHINGTON-Three Oklahoma tribal nations will receive more than 40% of the initial $73 million in funding from a federal small business initiative that for the first time is being targeted directly to tribes.
The Osage, Chickasaw and Citizen Potawatomi nations will get almost $30 million in small business funding from the State Small Business Credit Initiative, the Biden administration announced last week. The program, part of the pandemic-era American Rescue Plan, aims to improve small business financing.
"Far too often, entrepreneurs and small business owners with big plans and a vision f...