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. 2981 aims to increase economic opportunities for Native American, Alaska Native, and Native Hawaiian entrepreneurs by expanding the reach of Small Business Development Centers (SBDCs). The bill allows SBDCs in states with significant Indigenous populations to apply for federal grants of up to $300,000 to fund specialized outreach, startup assistance, and business expansion services on tribal lands. To ensure these services are effective and culturally appropriate, participating centers are required to consult with tribal organizations regarding the best locations for satellite offices and the specific business needs of their communities.