Release Date: April 26, 2012
For immediate release
The Federal Reserve Board, along with the Federal Reserve Bank of Minneapolis and the Federal Reserve Bank of San Francisco, will sponsor a nationwide conference next week to explore ways to encourage economic growth in Native American communities.
"Growing Economies in Indian Country: A National Summit," will be held May 1 in Washington, D.C. The summit is an outgrowth of a series of forums organized in partnership with the Interagency Working Group for Indian Affairs' Committee on Economic Development, a group of federal agency representatives who work with tribal governments.
Even as the national economy shows signs of improvement, communities in rural areas of the United States--particularly on tribal lands--still face considerable obstacles in attracting investment, accessing financial services, and supporting entrepreneurship. The summit will provide a venue for tribal leaders, policymakers, financial industry professionals, and community development service providers to discuss:
- challenges to economic development in Indian country
- opportunities to strengthen Tribal enterprise development
- opportunities to expand Native American entrepreneurship and access to small business capital
- opportunities to strengthen governance and legal structures
For more information, visit the conference website at: www.federalreserve.gov/newsevents/conferences/growing-economies-indian-country.htm. Live online video will be available at 9:15 a.m. EDT on May 1 at: www.ustream.tv/federalreserve.
For media inquiries, call 202-452-2955.