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New SBA Office to Boost Native American and Native Hawaiian Business Opportunities.

This Act establishes the Office of Native American Affairs within the Small Business Administration (SBA) to specifically target entrepreneurial development, capital access, and contracting programs toward Indian Tribes and Native Hawaiian Organizations. The goal is to revitalize Native businesses and economic development by providing culturally tailored assistance and dedicated resources. Citizens belonging to these groups will gain easier access to funding and business counseling.
Key points
A dedicated Office of Native American Affairs is created within the SBA to focus exclusively on Native business growth.
The Office will provide grants, training, and counseling to help Native entrepreneurs access federal business programs and capital.
Assistance will prioritize economically disadvantaged areas within Indian Country and Native Hawaiian communities.
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Additional Information
Print number: 118_S_1156
Sponsor: Sen. Hickenlooper, John W. [D-CO]
Process start date: 2023-03-30