How much funding does Financial and Business Basics Program provide?

The listing does not state a funding amount. Check the funder's announcement for specifics.

When is the deadline for Financial and Business Basics Program?

The funder has not published a deadline for this grant.

Financial and Business Basics Program

New Mexico Community Capital

Foundation Grants for Native Americans Workforce Development Grants

Funding Amount

Not stated

Deadline

Deadline not published

Grant Type

Foundation

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Other requirements

Native American adults age 18 and older
Low-income households
Must have at least one child under 8 years of age
Description: Extension of NMCC's Native Entrepreneur in Residence program (created 2014).

Overview

Funding: $1.2 million grant from W.K. Kellogg Foundation

Geographic Scope: New Mexico (central/northern region, partnering with at least 6 tribes)

Focus Areas: Financial literacy, business basics, workforce training for Native Americans

Eligibility:

Native American adults age 18 and older
Low-income households
Must have at least one child under 8 years of age

Extension of NMCC's Native Entrepreneur in Residence program (created 2014). Focuses on financial education and business fundamentals for Native American populations facing barriers to business success.

Key Challenges Addressed:

Native Americans on tribal lands face challenges starting or expanding businesses
Lack access to affordable financial products
Struggle to prepare competitive business plans and funding applications
Lack access to consistent business expertise and free support services
Limited peer networks

Context: Program created in response to high poverty rates among Native Americans in New Mexico (34.6% - highest in state)

Related Program Performance: Native Entrepreneur in Residence program (parent program) - 24 graduates created 84 new jobs and $7.36 million in new gross revenues