ABOUT THE PROJECT
After administering a highly successful Credit Outreach program over the past three and ½ years, the NTDA saw the need to create a new component of the initiative that deals specifically with American Indian youth. Since our current initiative only allows us to assist American Indian youth in accessing FSA Youth Loans up to $5,000 for a modest income-producing project many of the other educational tools necessary for an American Indian youth to develop a proper business plan is still left up to the individual youth. The NTDA, on the other hand, has decided to take this one step further and are proposing to create the “American Indian Youth Entrepreneurial Empowerment Project.” The project will eventually become an integral component of the NTDA and will become a self-sustaining ingredient in our already successful credit outreach initiative. The NTDA matches qualified business mentors with young entrepreneurs to allow knowledge sharing and ensure a higher business success rate. Through entrepreunership education the NTDA not only empowers Native youth, but assists them in seeking other financing sources for their entrepreunerial projects. The project will consists of the following parts:
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