S. 2832: Native American Entrepreneurial and Opportunity Act of 2025
This bill, known as the Native American Entrepreneurial and Opportunity Act of 2025, seeks to establish an Office of Native American Affairs within the Small Business Administration (SBA). The main purpose of this office will be to foster entrepreneurship and economic development within Native American communities and Hawaiian organizations. Below are the primary components and intentions of the bill:
Establishment of the Office
The bill proposes the creation of the Office of Native American Affairs, which will be part of the Small Business Administration. This office will focus on building relationships with Indian Tribes and Native Hawaiian Organizations, specifically to support:
- Entrepreneurial development
- Contracting opportunities
- Access to capital
Functions of the Office
The Office will be tasked with several responsibilities, including:
- Connecting Indian Tribes and Native Hawaiian Organizations to existing programs administered by other federal agencies that relate to economic development.
- Establishing alternative work sites to increase accessibility and efficiency in areas most in need.
- Appointing an Associate Administrator who will lead the office. This individual will have a deep understanding of Native American cultures and the unique challenges faced by Native entrepreneurs.
- Formulating and promoting policies that address the business development and capital access needs of Native Americans.
Support and Funding Mechanisms
The Associate Administrator will have the authority to:
- Provide financial assistance in the form of grants, contracts, or cooperative agreements to relevant organizations and entities.
- Develop and oversee programs that include training, counseling, and educational outreach to help entrepreneurs in Native communities.
- Conduct consultations with tribal leaders to discuss how SBA programs may be enhanced to better serve Native American interests.
Funding Authorization
The bill authorizes necessary appropriations for the Office for each fiscal year from 2026 through 2030, ensuring that it has the resources needed to fulfill its mission.
Broader Goals
Overall, the establishment of the Office of Native American Affairs aims to revitalize Native businesses and economic development within Indian Country. The bill represents an effort to address longstanding barriers faced by these communities in accessing business resources and support.
Relevant Companies
None found
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
4 bill sponsors
Actions
2 actions
| Date | Action |
|---|---|
| Sep. 17, 2025 | Introduced in Senate |
| Sep. 17, 2025 | Read twice and referred to the Committee on Small Business and Entrepreneurship. |
Corporate Lobbying
0 companies lobbying
None found.
* Note that there can be significant delays in lobbying disclosures, and our data may be incomplete.
Potentially Relevant Congressional Stock Trades
No relevant congressional stock trades found.