2/1/24
A bill sponsored by Prescott area Representative Eli Crane may prove beneficial to individuals seeking to establish businesses on the Yavapai-Prescott and Yavapai-Apache Indian Reservations. The bipartisan Native American Entrepreneurial Opportunity Act received unanimous approval from the House Committee on Small Business. This legislation aims to create an Office of Native American Affairs within the Small Business Administration, with the goal of providing support to entrepreneurs operating on tribal lands.
Crane stated, “Economic development in our tribal communities is crucial—not only for those communities but also for everyone in our districts and states. This bill will help raise awareness about the resources available to tribal business owners through the SBA and encourage the ONAA to continue developing new outreach methods to ensure that tribal businesses receive the attention they deserve— all without unnecessary government expansion.”