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About the Native Entrepreneur Investment Fund
In 2012, the South Dakota Indian Business Alliance launched an initiative that utilizes the successful model of Native community development financial institutions (CDFIs) to expand access to fair lending products into all nine of South Dakota’s reservation communities. The Expanding Native Entrepreneurship Initiative, funded by the Citi Foundation, Northwest Area Foundation, and the South Dakota Community Foundation, will assist forty aspiring Native entrepreneurs in developing a business, provide capital to start or expand fifteen businesses, and create or retain twenty-three jobs by June 2013.

A main component of the Initiative is the Native Entrepreneurship Investment Fund, a loan fund that provides credit builder loans and micro loans to aspiring Native entrepreneurs.

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