Bill > HR7396

This bill, titled the Native American Entrepreneurial Opportunity Act, proposes to establish an Office of Native American Affairs within the Small Business Administration (SBA), a government agency that supports small businesses. This new office will be led by an Assistant Administrator for Native American Affairs, who must have knowledge of Native American cultures and experience in providing culturally tailored business development assistance. The office's primary responsibilities will include fostering relationships with Indian Tribes and Native Hawaiian Organizations, which are defined within the bill, to target SBA programs for entrepreneurial development, contracting, and access to capital. The goal is to help establish or expand small businesses owned by members of these groups and to promote economic development in areas defined as "Indian country." The office will also inform these communities about relevant programs from other federal agencies, provide various forms of assistance including grants and contracts to eligible organizations for training and outreach, and conduct tribal consultations to gather input on SBA programs. The Assistant Administrator will report annually to Congress on the office's effectiveness, and the authority granted by this section will terminate seven years after the bill's enactment.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/7396/all-info