Bill to Help Tribal Entrepreneurs Sponsored by Prescott Rep Crane Passes U.S. House

3/1/24

A bill sponsored by Prescott area Congressman Eli Crane has passed the U.S. House of Representatives. The Native American Entrepreneurial Opportunity Act officially establishes the Office of Native American Affairs within the Small Business Administration. The bill outlines specific responsibilities of the office, including the establishment of a working relationship with tribal groups by targeting programs related to entrepreneurial development, contracting, and capital access.

Crane says, “While tribal entrepreneurs should have the ability to access SBA’s programs just like anyone else, these communities don’t currently experience adequate access or outreach. It’s essential that they receive specialized expertise to assist them in navigating the unique complexities of running a business on a reservation – complexities mostly created by the federal government.”