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ERIC Number: ED473887
Record Type: Non-Journal
Publication Date: 2003-Feb
Pages: 9
Abstractor: N/A
Reference Count: N/A
Native American Entrepreneurship. Digest.
Seymour, Nicole
Although Native Americans have owned and started the fewest small businesses of all U.S. minority groups, entrepreneurship is considered to be an efficient tool for alleviating their economic problems. Barriers to Native American entrepreneurship include poverty, scarce start-up capital, poor access to business education and technical assistance, low educational attainment, few role models, poor infrastructure, tribal regulations, and an orientation towards collectivism that is not conducive to business success. Despite these barriers, Native American entrepreneurship is increasing. While few individual Native Americans are entrepreneurs, many tribes are involved in successful businesses and entrepreneurial enterprises. Gaming is the most well known type of tribal business, with one-third of all tribes involved in casino operations. Groups are emerging to offer technical support to Native American entrepreneurs. Last year the National American Indian Chamber of Commerce was chartered, and federal legislation has created an Office of Native American Affairs within the Small Business Administration. An Oregon organization offers business training to Native Americans, a Native organization helps Indian communities develop financial institutions, and tribes run programs to provide capital for members who want to open businesses. An Arizona university hosts the Center for American Indian Economic Development, and tribal colleges offer business and entrepreneurship programs, although few Native American students are majoring in business administration. Continuing education, policies that endorse tribal self-determination, mentoring programs, and an emphasis on role models can encourage young Native Americans to consider entrepreneurship. (TD)
For full text:
Publication Type: Information Analyses; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Ewing Marion Kauffman Foundation, Kansas City, MO.