Statement of Pete Homer Jr., President/CEO
National Indian Business Association
Testimony to the Senate Committee on Small Business and
Entrepreneurship
And the
Senate Committee on Indian Affairs
Thank you, Mr. Chairman and members of the Senate Committee
on Small Business & Entrepreneurship and the Senate Committee on Indian
Affairs. On behalf of the National
Indian Business Association (NIBA), I would like to thank you all for the
opportunity to testify today on this very important legislation, the “Native
American Small Business Development Act.”
My name is Pete Homer, Jr., a Mojave Indian, enrolled member
of the Colorado River Indian Tribes of Arizona.
I serve as the Tribal consultant working to establish the Tribal Hydro
Electric Enterprise, I also serve as the President and CEO of the National
Indian Business Association, a National Trade Organization established in 1992
to promote Native American Business development through education,
communication and advocacy. NIBA
represents 24,000 Native American owned businesses nationwide. Our mission is to stimulate business
development, job creation and economic activity within Native American
communities.
I have over 36 years experience working in business,
employment and community development. In
1992, I served as the Small Business Administration’s (SBA) first director in
the Office of Native American Affairs. I
structured, implemented and coordinated all SBA programs for Native American
Communities. And today, is an exciting
day for me because, hopefully I’m assisting to make these programs statutory.
As you are aware, socio-economic statistics pertaining to
Native Americans remains grim. Even
today, many Native American businesses are still without adequate training and
technology to compete and do business with the private sector and the federal
government. Yet in spite of this, there
are some bright spots on the horizon for Native American Business
development. The explosive growth and
demand for information technology and business e-commerce continues. Overseas businesses often fill the void in US
based information technology businesses, while the potential resources of
Native American businesses on and off Native American reservations are
overlooked. Among the problems cited by
Native American businesses is that there are few training and technical
assistance centers, mentor or incentive programs that focus specifically on
assisting the development of Native American businesses. It is this void that drives NIBA in its
support of the Native American Small Business Development Act.
The establishment of Small Business Development Centers in
Indian Country would serve as the central focal point for training, technical
assistance, education, e-commerce development programs and technical assistance
services with the goal of expanding the number of Native American businesses
and creating Native American jobs. NIBA
recommends the SBA, Native American Small Business Development Act includes the
following objectives:
The National Indian Business
Association is presenting testimony to seek your support on the passage of the Senate
“Native American Small Business Development Act.” We urge both Committees; the Senate Committee
on Small Business & Entrepreneurship and the Senate Committee on Indian
Affairs, to work together and come to a consensus because Native American
businesses will benefit as a result of this legislation. I also thank the Committees for recognizing
and focusing on legislation that will create self-sufficiency, jobs, and
economic development in Indian Country through training and technical
assistance.
This Senate legislation will
create a bright future for Indian Country because for the first time in SBA’s
history, legislation will establish a statutory SBA, Office of Native American
Affairs. This office will focus on
outreaching to all Indian reservations and Native communities to provide
training and technical assistance, ensuring that efforts and equal access and
opportunities will increase Native American participation in SBA programs.
The establishment of a financial
and resource assistance program to fund Native American Business Centers
through Tribal Colleges, Tribal Governments and Native organizations will provide
culturally tailored business development assistance to Native Americans. We all know, that access to capital in Indian
Country is, very limited and loans small or large, are non-existent, creating a
barrier to business development on reservations. This legislation will create the assistance
for Native businesses to seek other loans outside the Bureau of Indian Affairs
guaranteed loan program. There are many
choices of government loan marketing programs, like Fannie Mae and Freddie Mac
who serve as secondary lenders. The SBA
has very good guaranteed loan programs and operates a secondary loan market for
its loans. This legislation will provide
the assistance needed for development of loan packaging that will have positive
effects in Indian Country. Community
banks play a critical role in providing small loans to Native American
businesses especially through SBA lending programs. We support the financial resource assistance
of this legislation that will provide capital for economic development on Indian
Reservations.
This legislation establishes two
innovative culturally-tailored business pilot programs for native reservation
and community businesses: the Native
American Development Grant Pilot Program and the American Indian Tribal
Assistance Center Grant Pilot Program.
These programs may bridge the gap of the digital divide in information
technology for Native American communities.
NIBA supports the two innovative pilot programs.
NIBA is highly optimistic that
this legislation can serve to advance Native American economic development
through preference contracting by providing assistance to Native American
businesses that will allow for the development of more Tribal 8(a) and HUBZone certified companies.
Sustainable small business
development in Indian Country remains as the engine for new job creation and
economic growth. Given the current
fragile state of the economy, this is no time to further weaken much needed
small business resources.
Chairman Kerry and Senator Bond,
we thank you, and other members of the Committee, it was through your
leadership and through bipartisanship support that created the HUBZone program; a very important program in Indian
Country. Chairman Inouye, Senator
Johnson and Senator Kerry, we thank you for the Native American Small Business
Development Act and we ask for that same bipartisanship support in passing this
important piece of legislation.
Thank you for allowing me to
present testimony on behalf of NIBA.
NIBA appreciates the Committee’s consideration of its views. I would be glad to respond to any questions
the Committees may have.