Native American Entrepreneurial Opportunity Act

HR 7396 establishes the Office of Native American Affairs within the Small Business Administration to specifically support Native American entrepreneurs and tribal economic development. The Office targets programs to help small businesses owned by tribal members and promotes economic growth in Indian country, providing culturally tailored assistance like training, counseling, and access to capital. It requires an appointed Assistant Administrator with tribal expertise to develop policies, collaborate with federal agencies, and provide grants to tribes or tribal organizations for outreach programs. The Office must submit annual reports to Congress on its activities and effectiveness, and its authority expires seven years after enactment. This bill directly affects Indian Tribes, Native Hawaiian Organizations, and small businesses owned by tribal members.