indianz.com your internet resource indianz.com on facebook indianz.com on twitter indianz.com on Google+
ph: 202 630 8439
Fredericks Peebles & Morgan LLP
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:
Native Sun News: Pine Ridge's David Michaud wins fighting match (12/19)
Mark Trahant: Old school budgets a better deal for Indian Country (12/19)
Ruth Hopkins: Boycott a repeat offender of cultural appropriation (12/19)
8th Circuit sides with Omaha Tribe in reservation boundary case (12/19)
BIA finalizes rule to add Alaska tribes to land-into-trust process (12/19)
Obama signs measure to extend VAWA tribal provision to Alaska (12/19)
Wyandotte Nation set to break ground on $1.4M cultural center (12/19)
Man from Standing Rock Sioux Tribe charged for cousin's murder (12/19)
Opponents of Cowlitz Tribe plan appeal of gaming land decision (12/19)
Menominee Nation off-reservation casino supporters hold rally (12/19)
Bear River Band hires tribal member as casino general manager (12/19)
Column: Poarch Creek gaming is only thing working in Alabama (12/19)
Column: Wait for decision on Mashpee Wampanoag Tribe casino (12/19)
Native Sun News: Oglala Sioux Tribe inaugurates new leadership (12/18)
Walt Lamar: Cooperation helps address crime in Indian Country (12/18)
Brandon Ecoffey: Tournament shows hope of the Lakota people (12/18)
Editorial: Showing caution for marijuana sales in Indian Country (12/18)
Editorial: New York governor makes right call to outlaw fracking (12/18)
Fines for foes of Tohono O'odham Nation off-reservation casino (12/18)
New York passes over tribes for first commercial casino licenses (12/18)
Factions of Cayuga Nation in court over Class II gaming facility (12/18)
Deadline extended for commercial casino eyed by Quapaw Tribe (12/18)
Opinion: Another casino isn't answer to Connecticut's problems (12/18)
Native Sun News: Youth take on lead role in Dakota memorial ride (12/17)
Mark Trahant: NCAI launches new campaign against racist mascot (12/17)
Norm DeWeaver: Job market is a disaster zone in Indian Country (12/17)
Amanda Blackhorse: Fake chiefs and fake headdresses must go (12/17)
DOI makes $9M in buy-back offers on Coeur d'Alene Reservation (12/17)
Shoshone-Bannock Tribes see success with two bills in Congress (12/17)
Boyd Cothran: Torture justified by treatment of Indian prisoners (12/17)
Rep. Gosar faces criticism over bill that benefits Hualapai Tribe (12/17)
Navajo Nation's highest court dismisses challenge to candidate (12/17)
Column: Tribal voices often minimized in environmental debate (12/17)
Column: Chief Cliff still an undeniably spiritual place in Montana (12/17)
Native activists in Brazil protest land bill with bows and arrows (12/17)
Shakopee Tribe funds Eastern Shoshone Tribe casino expansion (12/17)
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.