Every November, SBA recognizes and celebrates the contributions of Native American small business owners. Their businesses help provide places for employment (according to 2022 U.S. Census Bureau data, Native American businesses employed 307,933 people) and support indigenous entrepreneurship, but these businesses also encourage tribal self-preservation, contributing to vital local economies in traditionally underserved areas.
There are approximately 9.7 million American Indians (projected 10.1 million by 2060) and 574 federally recognized tribes in the United States. Of the 50 states, Alaska has the highest percentage of Native Americans at 19.99% with Oklahoma second at 13.23%. They are making impact in the small business space.
Native Americans, Alaska Natives, and Native Hawaiian businesses:
- Own approximately 56,906 businesses nationwide
- Have approximately $64.9 billion in receipts
- Pay an estimated $15.4 billion in annual payroll
Data courtesy of Census.gov.
SBA hosts online training events directed at small business owners.
The following are some resources available to Native American entrepreneurs and business owners:
- Native American-owned businesses
- Office of Native American Affairs
- How SBA Helps Native American Small Business Owners Succeed
Interested in seeing what funding opportunities are available to start and grow Native American businesses? Find a Certified Community Development Fund (CDFI) in your area or explore the 8(a) Business Development Program.
If you have questions about any of SBA’s programs and services, contact your nearest SBA District Office. SBA District Offices offer counseling, training, and business development.