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Tribal Economic Diversity Fund

RDC‘s Tribal Economic Diversity Fund awards businesses owned by a federally recognized Indian tribe or by an enrolled member(s) of a federally recognized Indian tribe for critical technical services and equipment. Awards are made on a competitive basis and are intended to provide services to tribal business entities that diversify revenue, leverage other investments, create new jobs and/or put systems in place that lead to growth.  


Our goal is to sustain and assist developing businesses in Northern New Mexico with job creation and diversifying the region’s economy.

Up to $8,000


  • 2024 Application Process Opens: July 1, 2024

  • 2024 Application Process Closes: August 15, 2024

  • Tribal Economic Diversity Fund Information Session:
    Applicants are highly recommended to attend before applying in order to submit the best possible application
    Online Info Session: July 23: 12:00-1:00 pm. Register here.


  • Business enterprise owned by a federally recognized Indian tribe; or business owned at least 51% by an enrolled member(s) of a federally recognized Indian tribe from the Pueblos of Cochiti, Jemez, Nambe, Ohkay, Picuris, Pojoaque, San Ildefonso, Santa Clara, Taos, or Tesuque

  • Business headquartered in Los Alamos, Mora, Rio Arriba, San Miguel, Northern Sandoval, Santa Fe, or Taos County

  • Business-only bank account encouraged

  • Been in business for at least 6 months before applying

  • Preference given to first-time applicants and previous unawarded applicants

  • Funds to be used to:

    • Procure needed business equipment, tools

    • Pay for advertising and/or marketing costs 

    • Purchase consulting services

    • Purchase specialized software



  • Outline specific purchases that can be completed within 6 months from award date.

  • Submit a Tribal Economic Diversity Fund application by the deadline.

  • Pay for approved funded purchases (outlined in application) and submit paid invoices for reimbursement.

  • This is a reimbursable grant. Awardees will be reimbursed for approved purchases upon receipt of paid invoices.


  • Funds are awarded through a competitive process.

  • Applications will be reviewed and scored by an independent review panel.

  • Award is not available for general business expenses (ex: rent, utilities, inventory, insurance) or salaries.

  • Gambling, tobacco, or illegal activities will not be funded.

  • Each proposal must describe a critical project that will advance the commercial progress of the company, increase revenues, and/or add jobs.

  • The full or a partial amount of the total request may be awarded.

  • Funds are not awarded upfront but as a reimbursement to awardees' business once purchases are completed and approved.

  • Purchases or services outlined in application cannot be purchased before an award is made and a fully executed award agreement is in place.


  • Only proposals that meet the eligibility requirements will be evaluated.

  • Evaluation conducted by Independent review panel of local and regional business experts.

  • Evaluation criteria based on potential to create new jobs, increase or diversify revenues for the company, and leverage other investments.


  • Online Application Available July 1st, 2024

  • Sample Application Available July 1st, 2024

  • Please note: The application cannot be saved in-process for completion at a later time. Please review sample application to have your answers ready for input.


Carla Rachkowski, Director of Operations

The Tribal Economic Diversity Fund is made possible due to generous support from:

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