Bill would establish an Associate Administrator position and dedicates funding at SBA’s Office of Native American Affairs
WASHINGTON, D.C. – U.S. Senator Mazie K. Hirono (D-HI), a member of the Senate Small Business and Entrepreneurship Committee, introduced legislation to increase the representation and financial resources available to Native American small-business owners. The SBA Office of Native American Affairs (ONAA) Enhancement and Modernization Act would ensure funding for the Small Business Administration’s (SBA) Office of Native Americans Affairs, increasing ONAA’s ability to offer tailored support to Native American entrepreneurs. The bill would also establish a new Associate Administrator position in the Office of Native American Affairs reporting directly to the SBA’s Administrator.
“As we work to support small businesses and entrepreneurs in Hawaii and across the country, it’s critical that we prioritize Native-owned businesses,” said Senator Hirono. “I’m proud to join Senators Hickenlooper, Lummis, and Mullin in introducing the Native American Entrepreneurial and Opportunity Act to establish an Office of Native American Affairs within the Small Business Administration and enable SBA to better serve Native American businesses, including Native Hawaiian businesses.”
The SBA’s Office of Native American Affairs is designed to empower Native American entrepreneurs by making sure business owners can access the SBA’s full range of business development and financial tools. However, the office’s outreach and influence is currently limited due to a lack of funding.
If passed, the bill would bolster the resources available to Native American entrepreneurs by:
In addition to Senator Hirono, the bill was also introduced by Senators John Hickenlooper (D-CO), Cynthia Lummis (R-WY), and Markwayne Mullin (R-OK).
The full text of the bill is available here.
###