Part B · Startup-relevant scheme
Native American CDFI Assistance Program (NACA Program)
US Department of the Treasury (CDFI Fund)
Mixed
IdeationSeed / Early-Stage
NACA funds Certified Native CDFIs (and organizations working to become one) with financial-assistance awards to build lending capacity, plus technical-assistance grants, so Native communities have a dedicated source of business and consumer credit.
Type of support
Mixed
Best suited for
Ideation / Early-Stage
Headline amount
Up to $2,000,000 (to Native CDFIs)
How much
Varies by originating Native CDFI
Objectives
Address a persistent credit gap in Native communities that mainstream lenders and even most CDFIs don't reach, by strengthening Native-controlled lenders directly.
Who can apply?
- Direct applicants are Certified Native CDFIs (Financial Assistance) or entities becoming one (Technical Assistance).
- A Native-community entrepreneur benefits by borrowing from a NACA-capitalized Native CDFI.
What do you get?
- Base Financial Assistance awards up to $2M to Certified Native CDFIs.
- Technical Assistance grants up to $400,000.
- Over $220M awarded since the program's 2002 launch.
How to apply
Native-community entrepreneurs apply to a Native CDFI for financing directly; Native CDFIs themselves apply to Treasury during NACA's annual funding round.
Key links
Details as most recently confirmed against the official source linked above. Deadlines, amounts and windows change — verify on the official portal before applying.