A total of six Northern New Mexico Native American-owned and operated businesses received a total of $60,000 in grants through a new Native American Venture Acceleration Fund created by Los Alamos National Security and the Regional Development Corporation.
The grants are designed to help the recipients create jobs, increase their revenue base and help diversify the area economy.
Funding comes from LANS, which manages Los Alamos National Laboratory. The Native American Venture Acceleration Fund is managed by the Regional Development Corporation.
“The positive responses and active engagement in the Native American Venture Acceleration Fund are encouraging,” said Kurt Steinhaus, director of the lab’s Community Programs Office. “These entrepreneurs and their companies are vital to the Northern New Mexico economy.”
Among those receiving grants are the following companies:
• NDN Energy of Jemez Pueblo, to provide lower cost energy to gaming tribes in deregulated states, development of website and print collateral and to develop an advertising plan.
• Three Eagles Development Corporation of Picuris Pueblo, to provide packaging and barcoding for expansion of a new natural charcoal product.