Native American and Native Hawaiian business owners would get a dedicated office inside the Small Business Administration. The office would help them use SBA loans, training, business advice, and contracting programs. The office would end after seven years unless Congress extends it.
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Native American Entrepreneurial Opportunity Act is a Senate bill in committee. The latest recorded action: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Latest action on H.R. 7396: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Who this affects: This bill mainly affects Native American and Native Hawaiian people who own small businesses or want to start one. It also affects Indian Tribes, Native Hawaiian Organizations, and certain nonprofits they govern because they could receive support or work with the office. The SBA would have new duties to provide support, consult with tribes, and report results to Congress.
Why this matters: This bill could make federal small business help easier to find and use for Native American and Native Hawaiian entrepreneurs. Today, these business owners may have to deal with programs that are not built around their communities’ needs. The bill creates one office inside the SBA that must focus on those needs. Its real effect would depend on funding, staffing, and how well the office works with tribes and Native Hawaiian Organizations.
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