Native American Entrepreneurial Opportunity Act

HR 7102, the Native American Entrepreneurial Opportunity Act, establishes an Office of Native American Affairs within the Small Business Administration (SBA) to better support Native-owned businesses. The office, led by a specially appointed Assistant Administrator with cultural expertise, directly serves small business owners who are members of Indian Tribes or Native Hawaiian Organizations by providing training, counseling, capital access, and contracting assistance. Key provisions require the office to collaborate with tribes, connect businesses to SBA programs, and report annually to Congress on services delivered. The office is set to terminate seven years after the bill’s enactment, with no new funding authorized for implementation.