Native American Business Incubators Program Act

Bill: 115-s-607
Sponsor: Sen. Udall, Tom [D-NM]
Introduced: 2017-03-13 in the Senate
Policy area: Native Americans
Subjects: Business education
Business investment and capital
Economic development
Education programs funding
Indian social and development programs
Minority education
Small business

Summary:
action_date: 2017-03-13
text: 

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.

action_date: 2017-09-26
text: 
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
 

Native American Business Incubators Program Act 

 
(Sec. 4) 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 issue a grant for a three-year term and may renew a grant for up to three more years.
 
 Grant recipients must provide a nonfederal contribution of at least 25% of the annual grant disbursement each year or 33% of a grant renewal, unless Interior waives this requirement.
 
(Sec. 6) Interior must facilitate the establishment of relationships between grant recipients and educational institutions serving Native American communities.
 
(Sec. 7) Interior must coordinate with the Department of Agriculture, the Department of Commerce, the Department of the Treasury, and the Small Business Administration to ensure that grant recipients have the information and materials needed to provide Native American businesses and entrepreneurs with assistance in applying for federal business and entrepreneurial development programs.

action_date: 2018-03-22
text: 

Native American Business Incubators Program Act 

 
(Sec. 4) 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 issue a grant for a three-year term and may renew a grant for up to three more years.
 
 Grant recipients must provide a nonfederal contribution of at least 25% of the annual grant disbursement each year or 33% of a grant renewal.
 
(Sec. 6) Interior must facilitate the establishment of relationships between grant recipients and educational institutions serving Native American communities.
 
(Sec. 7) Interior must coordinate with the Department of Agriculture, the Department of Commerce, the Department of the Treasury, and the Small Business Administration to ensure that grant recipients have the information and materials needed to provide Native American businesses and entrepreneurs with assistance in applying for federal business and entrepreneurial development programs.


Legislative actions:
action_date: 2018-11-20
text: Placed on the Union Calendar, Calendar No. 808.
action_date: 2018-11-20
text: Reported by the Committee on Natural Resources. H. Rept. 115-1037.
action_date: 2018-11-20
text: Reported by the Committee on Natural Resources. H. Rept. 115-1037.
action_date: 2018-09-27
text: Ordered to be Reported by Unanimous Consent.
action_date: 2018-09-27
text: Committee Consideration and Mark-up Session Held.
action_date: 2018-09-27
text: Subcommittee on Indian, Insular and Alaska Native Affairs Discharged.
action_date: 2018-07-24
text: Subcommittee Hearings Held.
action_date: 2018-03-27
text: Referred to the Subcommittee on Indian, Insular and Alaska Native Affairs.
action_date: 2018-03-26
text: Referred to the House Committee on Natural Resources.
action_date: 2018-03-26
text: Received in the House.
action_date: 2018-03-23
text: Message on Senate action sent to the House.
action_date: 2018-03-22
text: Passed Senate with an amendment by Voice Vote. (text of amendment in the nature of a substitute: S1963-1966)
action_date: 2018-03-22
text: Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.(text of amendment in the nature of a substitute: S1963-1966)
action_date: 2018-03-22
text: Measure laid before Senate by unanimous consent. (consideration: CR S1969)
action_date: 2017-09-26
text: Placed on Senate Legislative Calendar under General Orders. Calendar No. 229.
action_date: 2017-09-26
text: Committee on Indian Affairs. Reported by Senator Hoeven without amendment. With written report No. 115-163.
action_date: 2017-09-26
text: Committee on Indian Affairs. Reported by Senator Hoeven without amendment. With written report No. 115-163.
action_date: 2017-03-29
text: Committee on Indian Affairs. Ordered to be reported without amendment favorably.
action_date: 2017-03-13
text: Read twice and referred to the Committee on Indian Affairs.
action_date: 2017-03-13
text: Introduced in Senate