S. 3261 · 114th Congress
Native American Business Incubators Program Act
- Stage
- Reported from committee
- Sponsor
- Jon Tester
- Introduced
- 2016-07-14
- Latest action
- 2016-09-21 · Committee on Indian Affairs. Ordered to be reported without amendment favorably.
Summary
Native American Business Incubators Program Act
This bill requires the Department of the Interior to establish a grant program in the Office of Indian Energy and Economic Development for establishing and operating business incubators that serve Indian reservation communities, including Native businesses and Native entrepreneurs. A business incubator is an organization that: (1) provides physical workspace and facilities resources to startups and established businesses, and (2) is designed to accelerate the growth and success of businesses through a variety of business support resources and services.
Interior must facilitate the establishment of relationships between grant recipients and educational institutions serving Native American communities.