If your business has ties to a Tribal College or a qualifying institution, this program offers a fantastic opportunity for growth and innovation. By accessing funds for transformative projects, you can enhance academic infrastructure, modernize lab equipment, and develop new teaching practices. This not only strengthens your business but also contributes to the educational and economic well-being of your community, helping to build a talented workforce in critical STEM fields.

Another major advantage is the flexibility of funding. There’s often no strict repayment period for many of these opportunities, allowing you to implement projects without pressure. This relaxed financial condition fosters innovation, giving you the peace of mind to focus on what truly matters—your business growth and community development.

In short, participating in this program means you can enhance your business resources while making a meaningful impact in your community. Why not take advantage of it?

Type of Financing
The financing provided is primarily in the form of Grants. Grants do not require repayment, making them an attractive option for eligible institutions focused on improving their STEM education and research capacity.

Repayment Terms and Interest Rates
Since this program offers grants, there are no repayment terms or interest rates to worry about. You can use the awarded funds without the pressure of having to pay them back later.

Eligible Expenses
Funds can be used for a variety of expenses, including:

• Designing and implementing STEM education and research improvements
• Modernizing laboratory equipment
• Providing professional development for K-12 STEM educators
• Engaging in community outreach projects
• Supporting faculty research initiatives

Prohibited Uses
The funds cannot be used for unrelated administrative costs or expenses outside the scope of enhancing STEM education and research.

Associated Fees
There are generally no fees associated with applying for or obtaining grants through this program. This means you can focus your efforts on your project without worrying about hidden costs.

• Eligible Institutions:

  • Must be a federally recognized Tribal College or University.
  • Must be an Alaska Native-serving institution.
  • Must be a Native Hawaiian-serving institution.

• Enrollment Requirements:

  • Alaska Native-serving institutions must have at least 20% undergraduate enrollment of Alaska Native students.
  • Native Hawaiian-serving institutions must have at least 10% undergraduate enrollment of Native Hawaiian students.

• Location:

  • Program is available at eligible institutions located in the United States.

• Employee Requirements:

  • No minimum or maximum number of employees required.

• Revenue Requirements:

  • No minimum or maximum revenue qualifications.

• Legal Structure:

  • All legal structures are applicable.

• Profit Structure:

  • All profit structures are applicable.

Disqualifications:

• Institutions that do not meet the criteria listed above are ineligible for the program.

The program provides financial support aimed at enhancing the quality of STEM education and research in your community through Tribal Colleges and Universities. If your business is linked to a Tribal College or a qualifying institution, you can access funds for various transformative projects. These funds can be used to improve academic infrastructure, modernize laboratory equipment, develop innovative teaching practices, and even expand K-12 STEM education in your area.

In essence, this program is designed to help you build a stronger talent pool in STEM fields by supporting collaborations and capacity-building initiatives. Whether it’s upgrading technology or enhancing course offerings, the impact on your community can be significant. By taking part, you are not just improving your business's resources but also contributing to the educational growth and economic development of the region.

There’s no strict payback period involved for many of the funding opportunities. This means you can focus on implementing your projects without the added stress of immediate repayment. This relaxed financial condition allows you to innovate and grow effectively, ensuring that your plans can be executed smoothly.