Nonprofit empowering hundreds of Native American entrepreneurs celebrates 20 years with expansion; New Mexico Community Capital opens new community wing, seed exchange and wellness center   ALBUQUERQUE, N.M. — September 10, 2024 — They’ve empowered hundreds of Indigenous entrepreneurs to achieve their dreams, and now New Mexico Community Capital (NMCC) is intensifying its support with a building […]

Business not as usual: Future Is Indigenous Women By Lyla June Johnston  July 26, 2022 “The Future is Indigenous Women” collaborators stand in front of NMCCAP headquarters in Albuquerque, New Mexico. (Photo courtesy of Kalika Tallou Davis) __ As I step out of the Albuquerque sun into the breezy, Indigenous-led offices on Gold and Third […]

How the Government Can End Poverty for Native American Women By Arohi Pathak  October 22, 2021, 9:00 am Getty/Gina Ferazzi/Los AngelesTimes A mother and her 10-year-old son live without electricity or running water on a Navajo Nation reservation in Cameron, Arizona, during the coronavirus pandemic, March 2020. Author’s note: “Native Americans,” as defined by the U.S. Census Bureau, includes […]

2 Indigenous, women-led organizations awarded $10M BUSINESS by: KRQE Staff Posted: Aug 2, 2021 / 04:43 PM MDT / Updated: Aug 2, 2021 / 04:43 PM MDT NEW MEXICO (KRQE) – Two organizations led by Indigenous women have been awarded $10 million from the National Equality Can’t Wait Challenge. The challenge asked for ideas to expand gender equality across the country. […]

Native women entrepreneurs get a $10M boost BY STEPHEN HAMWAY / JOURNAL STAFF WRITER Published: Friday, August 6th, 2021 at 5:22pm Updated: Monday, August 9th, 2021 at 10:45pm Founders, staff and associates from Native Women Lead and New Mexico Community Capital celebrate the organization’s “The Future is Indigenous Womxn” project. The project received $10 million in funding […]

Melinda French Gates And MacKenzie Scott Award $40 Million To The Winners Of The Equality Can’t Wait Challenge Maggie McGrath – Forbes Staff Forbes Women I write about women who run companies, counties, and currencies Last June, Melinda French Gates and MacKenzie Scott launched the Equality Can’t Wait Challenge, an intense contest to identify the best […]

U.S. Bank Foundation invests $1 million to support emerging leaders and community-led solutions to address economic disparities New Mexico Community Capital receives $50,000 for the Native Entrepreneur in Residence 90-day program NEWS PROVIDED BY New Mexico Community Capital Aug 06, 2021, 11:38 ET ALBUQUERQUE, N.M., Aug. 6, 2021 /PRNewswire/ — U.S. Bank Foundation announced a $1 million investment to 20 […]

Wednesday, August 11, 2021 – Native women’s success in business AUGUST 11, 2021 BY ART HUGHES Women are statistically paid less in the workplace. And they face additional hurdles as entrepreneurs. A report by American Express found Native women make up just 1.4% of all women-owned businesses. The good news is, they are growing at almost twice […]

IN HER WORDS Philanthropists Award $40 Million to Help Advance Gender Equity The Equality Can’t Wait Challenge rewarded initiatives focused on individual empowerment and broad-scale policy change. Anna Parini By Emma Goldberg July 29, 2021Updated 9:45 a.m. ET “It’s the first competition centered on gender with an award of this magnitude.” — Nicole Bates, director of strategic […]

Equality Can’t Wait Challenge The Future is Indigenous Womxn New Mexico Community Capital & Native Women Lead / Albuquerque, New Mexico / Visit Website Native womxn interested in entrepreneurship do not enjoy equitable access to capital, business development resources, financial capability, or career opportunities. New Mexico Community Capital and Native Women Lead will catalyze the investability and economic liberation of Indigenous womxn by […]

Annual Market Impact Fund to support 20 organizations and their leaders July 28, 2021 10:08 AM Eastern Daylight Time MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank Foundation today announced a $1 million investment to 20 nonprofit organizations driven by a diverse group of exceptional emerging leaders who are focused on creating effective community-led solutions to the increasing economic disparities. “We are dedicated to empowering our communities by listening to those with lived experience and supporting their ideas on how to address racial and economic inequities and creating lasting change” Tweet this Organizations are in both rural and metro communities and are focused on support […]

This Program Supports The Ecosystem Supporting Founders Of Color It’s pretty well known that founders of color receive a lot less startup funding than white peers. But organizations that support such entrepreneurs, especially those also led by people of color, also lack funding. And they raise a lot less money than similar organizations run by whites. Read more at FORBES […]

July 21, 2021 | Capitalism Reimagined Native-led organizations join forces to accelerate entrepreneurship in Indian Country ImpactAlpha, July 21 – U.S. tribal lands are among the hardest places in the world to do business, with entrepreneurs struggling to access capital, land, infrastructure and reliable Internet connectivity. Four Native-led organizations are launching a joint organization to help businesses in tribal communities secure funding and resources. “None of our organizations can effectively tackle the systemic challenges alone,” says Dave Castillo of Native Community Capital, itself the product of a 2019 merger of community development financial institutions in Arizona and New Mexico. Read More […]

2 NM organizations among finalists in national competition NEW MEXICO NEWS by: KRQE Staff Posted: Mar 8, 2021 / 07:37 PM MST / Updated: Mar 8, 2021 / 07:37 PM MST NEW MEXICO (KRQE) – Two New Mexico organizations are among the ten finalists in a national competition, in a pool of over 550 national applicants, promoting equality. The Native Women Lead and New Mexico Community Capital teamed up to promote investment in Native-owned businesses. “In August 2020, NWL in collaboration with NMCC entered our bold solution, The Future Is Indigenous Womxn, the only Indigenous-focused finalist in the Equality Can’t Wait Challenge. Our proposal is centered around investing and scaling […]

PRESS RELEASE U.S. DEPARTMENT OF COMMERCE AWARDS $29 MILLION IN SPRINT CHALLENGE GRANTS TO RESPOND TO CORONAVIRUS PANDEMIC THROUGH INNOVATION AND ENTREPRENEURSHIP Contact: EDA Public Affairs Department, (202) 482-4085 April 6, 2021 WASHINGTON – U.S. Secretary of Commerce Gina Raimondo today announced that a total of $29 million would be awarded to 44 organizations as part of the Economic Development Administration’s (EDA) Scaling Pandemic Resilience Through Innovation and Technology (SPRINT) Challenge. Last year, the SPRINT Challenge was launched to harness America’s entrepreneurial potential to address the economic, health, and safety risks caused by the coronavirus pandemic through entrepreneurship and innovation. […]

New Mexico Community Capital program boosts capacity, knowledge transfer for Native farmers Courtesy photo. BY CHEZ OXENDINE APRIL 5, 2021 ALBUQUERQUE, N.M. — New Mexico Community Capital wants to help build capacity for Native farmers via a new training and resource sharing program. The inaugural Native Farmers in Residence Program will provide training and support for a group of 10 Native American farmers based in New Mexico. In addition to quarterly meetings, training, and resource sharing, the program will use grant funding from Fayetteville, Ark.-based Native American Agriculture Fund to provide a $3,000 stipend to each farmer over the course of […]

Today Marks Equal Pay Day — But Native American Women Still Earn 57 Cents on the Dollar by Native Business Magazine Equal Pay Day is observed April 2 this year. The date symbolizes how far into 2019 women must work to earn what men earned the previous year, 2018. While a somewhat confusing way to wrap one’s head around the gender wage gap of 80 cents to the dollar relative to white, non-Hispanic men, it powerfully illustrates the injustice with time as the measuring stick. The April 2 date reflects the average of all women’s earnings — white, black, Latina, Asian, Native […]

Excel in Business & Life With This Financial Literacy Course by Native Business Magizine| When you speak with the creators of the Financial Literacy and Business Basics course at New Mexico Community Capital (NMCC), it’s evident that their vision for financial education animates a somewhat daunting subject matter. Indigenous in nature, tech-driven and community-based, their approach is truly unique. “We wanted it to be engaging, so we use an indigenous pedagogical practice—‘I do, you do, we do.’ I share a story about my business, and the participants apply it to their business or life,” explained Henry Jake Foreman (Absentee Shawnee), program manager of […]

Vanessa Roanhorse: Inspiring the Native Entrepreneurial Community to Rise by Native Business Magazine On any given day, you may find Vanessa Roanhorse, Diné, founder and CEO of Roanhorse Consulting, LLC, discussing ways to raise the voice of minority businesses and localize economic development with her client, the City of Albuquerque, where she also calls home. You may find her in another city, such as Palo Alto, California, discussing the future of credit unions, fintech and people at the Institute for the Future. You may find her uplifting the messaging of another client, Nusenda Credit Union, about topics such as data protection, rewriting […]