News

News

New Prosperity Wool Blanket designed with Eighth Generation and grantee Mikailah Thompson

Blue for our homeland’s rivers. Red for the blood of our warriors. Old-style pink that was traditionally only acquired through trade with neighboring tribes. nimíipuu (Nez Perce) artist Mikailah Thompson chose the colors of our new Prosperity Wool Blanket based on traditional nimíipuu beadwork, while creating a blanket that honors the incredible 20 years of important work…

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The Nimiipuu Community Development Fund has been awarded a U.S. Small Business Administration (SBA) Grant: 2023 Program for Investment in Microentrepreneurs (PRIME) award for $100,000

This award was announced this morning by SBA Administrator Isabella Guzman for the $8 Million in PRIME Grants to help micro-entrepreneurs.   We are 1 of 32 organizations awarded to provide program development, training, and technical assistance to economically disadvantaged microentrepreneurs.  “Nimiipuu Fund is excited and humbled to receive this award.  As a Native CDFI, our…

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Native CDFIs call for capital to close the funding gap in Indian Country

TRIBAL BUSINESS NEWS BY BRIAN EDWARDS  AUGUST 8, 2023 Native Community Development Financial Institutions are calling on Congress to increase funding that would bolster community development and economic opportunities in Indian Country.  The need for additional NACA funding is “long overdue,” according to Jonelle Yearout, executive director of Lapwai, Idaho-based Nimiipuu Fund, which serves the Nez Perce Reservation…

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Northwest Native APEX Accelerator Program

The Northwest Native APEX Accelerator provides no-cost technical assistance to American Indian/Alaskan Native, Native-Hawaiian owned businesses, Tribes, and Tribal Enterprises who wish to participate in the government marketplace, including Federal, state, and local agencies. Our no-cost services include confidential one-on-one counseling and technical assistance training, such as in-person and virtual workshops, webinars, and provide resources…

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NW Native Economic Summit Theme Art Submission

We are honored to invite you to submit your art or concept for the 2023 Northwest Native Economic Summit with the working theme “Circular Economies.” Circular Economies is looking through the lens of Indigenized sustainability and the triple bottom line: people, profit, planet, and how they are reflected through economic ecosystems. We are looking for…

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Nation Building Conference Celebrating 10 Years of Promoting Economic Growth While Embracing our Cultural Values and Traditions

Our Nation Building Business Conference explored how to support economic development connecting our entrepreneurs to economic development leadership, small-business and micro entrepreneurs, funders, industry professionals and federal parters. Thank you so much for the support shown for Nimiipuu Fund Nation Building Conference at the Clearwater River Casino in its success to train, develop, and build networks to promote economic development. We…

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MetaRez or Bust

Dear Dr. Per Cap:  Real estate is so expensive, maybe I should buy land in the metaverse instead.  People are getting rich off digital assets and I could create a metaRez.  What do you think? Signed,  Asset Hunter Dear Asset Hunter: The virtual reality world of the future, aka the metaverse, has arrived. For readers…

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Bank Run Fears

Dear Dr. Per Cap:  Why did that bank in California fail?  And if it happens at my bank, will I lose all the money in my account? Signed,  Banking On Dear Banking On  Unfortunately, the biggest U.S. bank failure since 2008 occurred earlier this year when Silicon Valley Bank tanked to the tune of over…

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Costly HVAC Repair

Dear Dr. Per Cap:  Last week our home’s old air conditioner finally died.  It’s going to cost $10,000 to replace which means no family vacation and a bunch of other sacrifices.  The hub suggested we just buy a few cheap AC window units and hold off fixing the main AC until next year.  Do you…

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Economic Catch-22

Dear Dr. Per Cap:  The markets are in a nose dive and my 401k is getting hammered.  I’m freaking out and keep hearing it’s only gonna get worse.  What can the big shots in Washington do to save the sinking economy? Signed,  Worried Investor Dear Worried Investor, What’s been touted as the longest bull market…

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High School Athletes and NIL Deals

Dear Dr. Per Cap:  Last year college athletes got the greenlight to profit from their name, image, and likeness.  Does this also apply to high school athletes?  We’ve got some great young basketball players in our community who I think local businesses would be happy to compensate for advertising or promotional appearances. Signed,  Plays by…

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Medical Debt Releif

Dear Dr. Per Cap:  What’s the status on medical debts and credit bureaus?  I heard all medical debts will soon be deleted from credit reports. Signed,  Can’t Wait Dear Can’t Wait: What you’ve heard is partially true.  The three credit bureaus Equifax, Experian, and Transunion will begin removing about 70% of medical debts currently listed…

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