|Program||# of Grants||EDA Funds|
For 50 years, EDA grants have helped remove economic barriers and attract capital to Indian country, addressing a broad array of needs from construction to non-construction, technical assistance, and revolving loan fund projects. Between Fiscal Years 2009 and 2014, EDA awarded nearly $48 million in assistance to Indian tribes to create businesses, build roads and other infrastructure, and develop economic development plans.
In September 2014, EDA provided $1.3 million in Public Works funding to the Mohegan Tribe of Indians of Connecticut to fund the renovation of an existing facility to create the Mohegan Innovation Center, a business incubator on the Mohegan Indian Reservation. The incubator will support entrepreneur growth across various industry sectors from technology, life sciences, defense, and energy. Not only will the state-of-the-art facility provide the physical space needed for start-ups to grow, it will serve as an innovative workspace that is designed to stimulate entrepreneurial spirit and collaboration between promising new companies. The potential job growth and business expansion made possible by this investment will extend far beyond the borders of the Reservation by creating opportunities for new business growth throughout the state.