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2011 Economic Impact Study Released by NACA

 

May 09, 2012
Wednesday


(SitNews) - The Native American Contractors Association (“NACA”) released its 2011 Economic Impact Study, which the association says will serve as a valuable guide for federal agencies, congress, and the administration on the importance to Indian Country of the Small Business Administration’s 8(a) Business Development program.

“Our goal is for the study to serve as a glaring illustration of the importance and success of Native participation in the SBA 8(a) program. This study is made available not to only our membership, but also for the agencies and legislators that work with, and seek information from, Tribes, Alaska Native Corporations, and Native Hawaiian Organization when it comes to government contracting matters and concerns,” stated NACA’s Executive Director, Kevin Allis.

NACA published its first impact study in October 2007, shortly after critics of the Native 8(a) program proposed legislation that would have negatively impacted Native participation in government contracting. The 2011 study updates key information as it relates to Native participation in the SBA 8(a) program, and the benefits derived from the program. “The story is compelling, as our study clearly shows how important this program is to our Native communities,” stated Lance Morgan, Chairman of NACA. He continued, “Native participation in the SBA 8(a) program stimulates the economies of some of the poorest communities in the country and creates Native human capital growth.”

The author of the impact study, Jonathan Taylor, is an economist with expertise in natural resources, gaming, and American Indian development. He provides counsel to tribes in the United States and Canada in the areas of public policy analysis, strategic advice, and economic research. He has authored or supported expert testimony in litigation and other public proceedings for a number of Native American groups.

The Native American Contractors Association (“NACA”) is a national Native advocacy organization based in Washington, D.C. NACA’s members represent and provide benefits for nearly 700,000 Tribal members, Alaska Natives, and Native Hawaiians.

 

On the Web:

2011 Economic Impact Study (28 pages)
http://www.nativecontractors.org/media/pdf/2012_Econ_Rpt_Eformat(1).pdf

Source of News: 

Native American Contractors Association
www.nativecontractors.org

 

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Stories In The News
Ketchikan, Alaska

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