NMCC shares the National Center’s goal of strengthening local economies and encouraging the growth of businesses in emerging or underserved markets
July 17, 2017
MESA, AZ – New Mexico Community Capital (NMCC) recently named Chris James, who currently serves as President and CEO of the National Center for American Indian Enterprise Development, as one of its new board members. NMCC is a private, nonprofit Community Development Financial Institution (CDFI) and Native American CDFI that provides capital and knowledge for New Mexico’s high-potential businesses in emerging or underserved markets. It currently manages a nearly $15 million fund to invest in New Mexico companies with the goal of a strong return on investment while creating social and economic improvement in the region.
“I am excited and honored to serve on the board of NMCC, and advancing its goal of improving the community through targeted investments,” said James. “CDFIs are tremendous assets to Indian Country and the regions they serve, and I have seen firsthand the impact they can have on the places that need them the most. The missions of the National Center and NMCC are closely aligned, and I hope to strengthen the relationship and boost the work of both organizations through this new role.”
James has extensive ties to and experience with CDFIs, and his appointment is another way in which the National Center is partnering with other Native institutions to advance economic development in Indian Country. Prior to becoming President and CEO of the National Center, Mr. James served as an associate administrator at the U.S. Small Business Administration, and also worked in Native American Affairs at the U.S. Department of the Treasury – specifically on helping native CDFIs. He also managed the Sequoyah Fund, which is the CDFI of his tribe, the Eastern Band of Cherokee Indians.
The National Center will be hosting its next signature event – the Northwest Enterprise Development Conference – at the Tulalip Resort Casino in Tulalip, WA from September 5-7. The event will highlight what American Indians and Alaska Natives in the Pacific Northwest are doing to boost their tribal economies. For more information about how you can register, please click here.
About New Mexico Community Capital: From its outset in 2004, NMCC has strived to realize a vision of providing entrepreneurial skills and access to Native American communities. As a private and nonprofit community development financial institution, NMCC provides capital and knowledge for high-potential New Mexico businesses that are emerging or present in underserved markets. The firm sponsors a nonprofit program (Native Entrepreneur in Residence) that fosters economic self-sufficiency and diversification as well as growth and sustainability for the next generation of entrepreneurs.
About The National Center: The National Center for American Indian Enterprise Development is a 501(c)(3) non-profit organization. With over 40 years of assisting American Indian Tribes and their enterprises with business and economic development – we have evolved into the largest national Indian specific business organization in the nation. Our motto is: “We Mean Business For Indian Country” as we are actively engaged in helping Tribal Nations and Native business people realize their business goals and are dedicated to putting the whole of Indian Country to work to better the lives of American Indian people- both now… and for generations to come.
CONTACT: Lewis Lowe, 202-333-2234