Seeking Proposals For Native American Venture Acceleration Fund

by Staff Reporter / Oct 12, 2015 / 0 comments

Seeking Proposals For Native American Venture Acceleration Fund

Proposals are being accepted through Nov. 13 for the Native American Venture Acceleration Fund (NAVAF) awards from tribally held companies. The Fund was created to boost employment and diversify the economy in Northern New Mexico, and will make awards up to $25,000 to tribally owned companies for critical technical services that lead to leveraged revenue, job creation and diversification.

“We are anticipating a high level of interest from entrepreneurs in the Pueblo community, and are excited for new opportunities to invest through this new round of grants,” said Kathy Keith, Community Programs Office Director at Los Alamos National Laboratory.

To be eligible for a NAVAF award, the business must have at least 51 percent ownership by a tribe or tribal member; be a tribal member or corporation of the Pueblos of Nambé, Ohkay Owingeh, Picuris, Santa Clara, Pojoaque, Taos, San Ildefonso, Tesuque, Cochiti or Jemez; and be located within the counties of Sandoval, Santa Fe, Los Alamos, San Miguel, Mora, Rio Arriba or Taos. An information session will be held October 20 at the Northern New Mexico Citizens Advisory Board Offices (94 Cities of Gold Road in Pojoaque) from 1 p.m. to 2:30 p.m.

Awards may be used to procure specialized services for the company that will lead to increased revenues and employees, such as hiring a consultant to ready the business for federal government contracting.

Full details on award uses, eligibility, the selection process and past awardees can be found at http://www.rdcnm.org/NAVAF. More information can also be obtained by contacting Vangie Trujillo at 505-665-4284 or vangie@lanl.gov. Applications may also be picked up at LANL Community Programs Office in Los Alamos. Proposals are due no later than 5 p.m., November 13, 2015.

About Native American Venture Acceleration Fund (NAVAF)

The NAVAF is administered by the Regional Development Corporation of Española (www.rdcnm.org). The fund was created in partnership with Los Alamos National Laboratory and Los Alamos National Security, LLC (LANS), the company that manages the Laboratory. The current call for proposals represents the third disbursement in the award series.

 

About the Regional Development Corporation (RDC)

The Regional Development Corporation is a non-profit economic development organization based in Española, New Mexico with a mission of creating jobs and attracting additional revenue to the northern New Mexico region. Visit www.rdcnm.org.

 


 

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