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Native American businesses receive grants

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LANL > Awards are part of Venture Acceleration Fund

Los Alamos National Security announced Tuesday six Native American-owned businesses have been awarded grants through LANS’ Native American Venture Acceleration Fund.
The grants awarded by LANS totaled $60,000.
“Our Native American Venture Acceleration Fund has become an important resource in the region for tribally held businesses,” said Kurt Steinhaus, director of Los Alamos National Laboratory’s Community Programs Office. “Funds invested into these entrepreneurs helps sustain and grow employment in and around our Northern New Mexico pueblos.”
Venture Acceleration Fund grants, according to LANS, are designed to help recipients create jobs and ultimately diversify the Northern New Mexico economy.
The fund is managed by the Regional Development Corporation.
LANS said more than $200,000 has been generated by the fund.
In the past two years, nearly $700,000 in new revenue was generated by Native American-owned companies. The newest grant recipients are as follows:


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