Small Business Territories Support Act

The Small Business Territories Support Act creates a new Office of Territorial Affairs within the Small Business Administration to better serve small businesses in Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, and the Northern Mariana Islands. This office will be led by an Assistant Administrator with specific expertise in territorial affairs and small business development, who is tasked with coordinating programs related to entrepreneurship, disaster relief, and government contracting. The bill requires the new office to regularly review existing services, host outreach events, and submit annual reports to Congress detailing its activities and the number of businesses assisted. Additionally, the legislation defines key partners, such as small business development centers and veteran outreach centers, to collaborate on supporting these communities.