Native American-owned businesses face unique challenges in today’s economy. In many cases, they must overcome historical barriers to success and deal with the impact of systemic inequalities. The American Indian Chamber of Commerce (AICC) is working to change that. As a national non-profit organization, the AICC represents Native American and Alaska Native businesses and entrepreneurs, advocating for their growth and success.
The AICC was founded in 1991 by a group of Native American business leaders who recognized the need for a national organization to support and promote Native-owned businesses. Today, the organization has chapters across the United States, providing resources and support to Native entrepreneurs in a wide range of industries.
One of the AICC’s primary goals is to promote economic development in Indian countries. To achieve this, the organization works closely with tribal governments and organizations, as well as state and federal agencies, to identify opportunities for growth and job creation. This includes initiatives related to infrastructure, tourism, renewable energy, and other industries that have the potential to benefit Native communities.
Another important role of the AICC is to provide resources and support for Native-owned businesses. This includes training and education programs, access to capital and financing, and assistance with government contracting. The organization also advocates for policies and regulations that support the growth and success of Native businesses.
For example, the AICC has been instrumental in advocating for changes to federal procurement regulations that give Native-owned businesses an advantage in securing government contracts. The organization has also worked to increase access to capital for Native entrepreneurs, through partnerships with banks, investors, and other organizations.
In addition to these efforts, the AICC also provides a platform for Native-owned businesses to connect and network with one another. This includes regular meetings and events, as well as an annual national conference that brings together business leaders, tribal officials, and entrepreneurs from across the country.
The impact of the AICC’s work can be seen in the success stories of Native-owned businesses that have benefited from the organization’s support and resources. For example, in 2018, the AICC helped secure a $1.3 million grant for the Navajo Nation to develop a renewable energy project. This project is expected to create jobs and economic opportunities for the Navajo people, while also promoting sustainability and reducing reliance on fossil fuels.
In another example, a Native-owned business in Minnesota that provides environmental consulting services to government agencies and private companies has grown from a small start-up to a multi-million dollar enterprise, thanks in part to the support and resources provided by the AICC.
Overall, the American Indian Chamber of Commerce plays a critical role in promoting the growth and success of Native-owned businesses. Through its advocacy, resources, and support, the organization is working to overcome the unique challenges faced by Native entrepreneurs and create a more equitable and prosperous economy in Indian Country.