House advances bill to bolster SBA support for Native entrepreneurs
Measure would permanently establish the SBA Office of Native American Affairs and expand support for tribal businesses and Native entrepreneurs
The U.S. House of Representatives unanimously passed bipartisan legislation that would permanently establish the Small Business Administration's Office of Native American Affairs, according to reporting from Tribal Business News. The Native American Entrepreneurial Opportunity Act, introduced by Rep. Sharice Davids, D-Kan., passed the House on June 23 and now moves to the Senate for consideration.
The bill would codify the office into federal law, create an assistant administrator position reporting directly to SBA leadership, and expand its role in tribal consultation, contracting, entrepreneurial development and access-to-capital programs. Davids, an enrolled member of the Ho-Chunk Nation, said the measure would improve Native entrepreneurs' access to SBA resources.
- 1.Brian Edwards. House passes bill to strengthen SBA support for Native entrepreneurs. Tribal Business News.
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