indianz.com your internet resource indianz.com on facebook indianz.com on twitter indianz.com on Google+
ph: 202 630 8439
Indian Law Online Master Degree
Advertise on Indianz.Com
Home > News > Headlines

Printer friendly version
House passes Indian small business bill
TUESDAY, APRIL 1, 2003

The following is a press release from Rep. Tom Udall (D-N.M.).

U.S. Representative Tom Udall, D-N.M., Monday confirmed that the House has passed legislation he introduced to stimulate economic development on Native American lands by assisting in the creation and expansion of small businesses owned by American Indian tribe members.

The House passed H.R. 1166 on a roll call vote of 378-14. The Udall bill would amend the Small Business Act to expand and improve the assistance provided by the Small Business Development Center (SBDC) network to Indian tribe members, Native Alaskans, and Native Hawaiians.

"It is hard to ignore that the economy is currently in a downswing as unemployment rates are on the rise and industrial growth is stagnant. Yet, it is during these difficult times that small businesses can make a difference," Udall said. "This legislation will permit existing Small Business Development Centers to apply for federal grants to establish services that are specifically targeted to the populations located on tribal reservation lands."

Udall noted that approximately 60% of American tribe members live on or adjacent to areas that have an average unemployment rate of 45%. At the same time, growth in the small business sector owned by Native Americans is growing and currently generates more than $34 billion in revenues.

Created in 1980, the Small Business Development Center program, which provides counseling and assistance to eligible small businesses, is intended to be a cost effective way of fostering and stimulating small businesses and local economies. In 2000, clients receiving long-term counseling under the program generated additional tax revenues of $182 million - roughly twice the cost of the program to the federal government. There are currently over 1,100 centers nationwide and 18 in New Mexico.

SBDCs offer one-stop assistance to individuals and small businesses by providing a wide variety of information and guidance in central and easily accessible branch locations. The program is a cooperative effort of the private sector, the educational community and federal, state and local governments. It enhances economic development by providing small businesses with management and technical assistance.

The SBDC Program is designed to deliver up-to-date counseling, training and technical assistance in all aspects of small business management. SBDC services include, but are not limited to, assisting small businesses with financial, marketing, production, organization, engineering and technical problems and feasibility studies. Special SBDC programs and economic development activities include international trade assistance, technical assistance, procurement assistance, venture capital formation and rural development.

If Udall's legislation is ultimately passed by the Senate and signed into law, states would be eligible to apply for grants up to $300,000 in a fiscal year. States receiving grants also would be required to seek the advice of local tribal councils on how to best provide assistance to American Indian tribe members, and where to locate satellite centers to provide such assistance.

Udall's measure overwhelmingly passed the House in 2001, but languished in the Senate. Under an agreement with House Small Business Chairman Don Manzullo, R-Ill., the latest version of the bill was not considered in committee and was sent directly to the House floor for consideration.

"My legislation has attracted the support of Democrats and Republicans. They all recognize that small businesses create 75 percent of all new employment opportunities, make up 99 percent of all employers, provide almost half of all sales in this country, and that small business growth in the minority community can greatly improve the nation's economy. The communities served by my initiative represent some of the most traditionally isolated, disadvantaged, and underserved populations in our country," Udall concluded.

A member of the House Committee on Small Business since 1999, Udall is the ranking member of the subcommittee on Workforce, Empowerment, and Government Programs.

Get the Bill:
To amend the Small Business Act to expand and improve the assistance provided by Small Business Development Centers to Indian tribe members, Native Alaskans, and Native Hawaiians (H.R.1166)

Relevant Links:
Small Business Development Center - http://www.sba.gov/sbdc
Rep. Tom Udall - http://www.house.gov/tomudall

Copyright © Indianz.Com
More headlines...
Stay Connected:

Local Links:
Federal Register | Indian Gaming | Jobs & Notices | In The Hoop | Message Board
Latest News:
Eyapaha Today: Oneida singer follows in mother's footsteps (10/22)
Native Sun News: Candidate seeks investigation into program (10/22)
Ivan Star Comes Out: Lakota people disrespect our language (10/22)
Cedric Sunray: Standing together to fight tribal disenrollment (10/22)
SCIA to hold listening session at NCAI on Indian education bill (10/22)
FNDI urges passage for Indian Teacher Loan Forgiveness Act (10/22)
Chumash Tribe praises BIA movement on land-into-trust bid (10/22)
Steven Newcomb: The role of Latin in empire and colonization (10/22)
Christopher Chavis: Navajo court got it wrong in fluency case (10/22)
Navajo Nation presidential hopeful to be removed from ballot (10/22)
Aging BIA school on Navajo Nation awaits replacement funds (10/22)
Review: NMAI treaties exhibit underscores misunderstandings (10/22)
Alaska Native elders and youth share issues at annual meeting (10/22)
Shinnecock Nation allows felons to hold office in certain cases (10/22)
2nd Circuit hears appeal from former chairman of Pequot Tribe (10/22)
Rep. Don Young criticized for comments to high school students (10/22)
Candidates differ on Spokane Tribe's off-reservation casino bid (10/22)
Poarch Creeks to add hotel to casino with $65M expansion plan (10/22)
Salt River Tribe concerned about Tohono O'odham Nation casino (10/22)
North Fork Rancheria blames rival tribes for holding up compact (10/22)
Ballot proposal authorizes more Class III games in South Dakota (10/22)
Blog: Predictions for gaming with Hillary Clinton in White House (10/22)
Native Sun News: Activists take annual swim to Alcatraz Island (10/21)
Mark Trahant: Alaska Natives ready for conference and election (10/21)
BIA announces consultations for secretarial election regulation (10/21)
Chelsey Luger & Gyasi Ross: From slow suicide to slow healing (10/21)
Bill John Baker: Addressing breast cancer in our communities (10/21)
ICT interview with Assistant Secretary Kevin Washburn of BIA (10/21)
Navajo Nation court still mulling decision in presidential case (10/21)
Column: Billy Mills still inspires 50 years after Olympic victory (10/21)
Editorial: Winnebago Tribe's business makes a big contribution (10/21)
Lincoln Indian Center adopts permanent alcohol ban after party (10/21)
Suquamish Tribe shares fish from hatchery at annual giveaway (10/21)
Editorial: Bad move by Northern Arapaho Tribe on joint council (10/21)
Wisconsin court to hear appeal over Oneida Nation waste plant (10/21)
Coeur d'Alene Tribe reaches out to family that lost home to fire (10/21)
Closure of Chukchansi Tribe's casino affects reservation water (10/21)
Eastern Shawnee Tribe considers casino on ancestral Ohio site (10/21)
Town meeting for Lac Vieux Desert Band off-reservation casino (10/21)
North Fork Rancheria won't give up off-reservation casino plan (10/21)
Tohono O'odham Nation was looking for off-reservation casino (10/21)
Poarch Creeks won't confirm or deny talks for gaming compact (10/21)
more headlines...

Home | Arts & Entertainment | Business | Canada | Cobell Lawsuit | Education | Environment | Federal Recognition | Federal Register | Forum | Health | Humor | Indian Gaming | Indian Trust | Jack Abramoff Scandal | Jobs & Notices | Law | National | News | Opinion | Politics | Sports | Technology | World

Indianz.Com Terms of Service | Indianz.Com Privacy Policy
About Indianz.Com | Advertise on Indianz.Com

Indianz.Com is a product of Noble Savage Media, LLC and Ho-Chunk, Inc.