Native American Entrepreneurial Opportunity Act

# Native American Entrepreneurial Opportunity Act Summary **What the Bill Does:** The Native American Entrepreneurial Opportunity Act aims to expand business support and funding opportunities for Native American entrepreneurs and Alaska Native and Hawaiian business owners. The bill would work through the Small Business Administration (SBA) to create or enhance programs that help Indigenous people start and grow businesses. This includes provisions likely related to loans, grants, training, and technical assistance tailored to the unique challenges Native entrepreneurs face. **Who It Affects:** The bill specifically targets Native American, Alaska Native, and Hawaiian entrepreneurs and small business owners.

It could also affect Native American communities and tribal organizations that participate in economic development programs, as well as the SBA, which would implement any new or expanded initiatives. **Current Status:** As of now, the bill (HR 7396) remains in committee and has not yet been voted on by the full House of Representatives. The bill was introduced by Representative Sharice Davids (D-KS) in the 119th Congress. Like many bills in committee, it would need to advance through the legislative process before becoming law.