Native American Business Incubators Program Act
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.
Committee on Indian Affairs. Ordered to be reported without amendment favorably.