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In collaboration with the U.S. Economic Development Administration (EDA), the TOP team will use data from the U.S. Census Bureau and other federal agencies to spend 12 weeks directing more capital and investment to Native American communities. I’ve devised a way to improve it. Representation in federal datasets.
Each year, TOP works closely with federal agencies and nongovernmental organizations (NGOs) to identify pressing challenges facing communities across the United States and help them benefit from new accessible data-driven tools. I can.
This TOP challenge was timely. According to a 2019 Federal Deposit Insurance Corporation (FDIC) study. [PDF 2.2 MB]more than a quarter of American Indians and Alaska Natives live in poverty, and nearly a fifth do not have a checking or savings account.
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TOP’s efforts, including this challenge, will be presented at the Census Open Innovation Summit, which will be held from January 17 to January 19, 2024. TOP brings together government, technologists, and community groups to rapidly prototype digital products using federal open data. During this sprint, teams had the opportunity to collaborate with Indigenous community leaders to create solutions. Many focused on Native Community Development Financial Institutions (CDFIs), which are key to increasing access to capital, credit, and financial services in these communities.
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