S.3261 - Native American Business Incubators Program Act114th Congress (2015-2016)
|Sponsor:||Sen. Tester, Jon [D-MT] (Introduced 07/14/2016)|
|Committees:||Senate - Indian Affairs|
|Latest Action:||Senate - 09/21/2016 Committee on Indian Affairs. Ordered to be reported without amendment favorably. (All Actions)|
This bill has the status Introduced
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Summary: S.3261 — 114th Congress (2015-2016)All Information (Except Text)
Introduced in Senate (07/14/2016)
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.