S 294 · 116th Congress · Native Americans
Native American Business Incubators Program Act
Bill Progress
1
Introduced✓
Committee✓
Senate Vote✓
House✓
EnactedLatest: Became Public Law No: 116-174.(2020-10-20)
Plain Language Summary
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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 Native American communities. 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. Grant applicants may be institutions of higher education, private nonprofits, Native American tribes, or tribal nonprofits. Interior must facilitate the establishment of relationships between grant recipients and educational institutions serving Native American communities.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeS. 294, Native American Business Incubators Program Act
Mar 1, 2019As ordered reported by the Senate Committee on Indian Affairs on February 6, 2019
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office