Minority Entrepreneurship Grant Program Act of 2023

1/29/2024, 4:45 PM

Minority Entrepreneurship Grant Program Act of 2023

This bill requires the Small Business Administration (SBA) to award grants to create or expand programs at minority-serving institutions that foster, promote, and increase opportunities for minority entrepreneurship and business ownership. The SBA must also establish a Minority Entrepreneurship Advisory Board to develop recommendations regarding how these institutions can better serve minority businesses and entrepreneurs.

Congress
118
Number
HR - 6457
Introduced on
2023-11-17
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

11/17/2023
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Minority Entrepreneurship Grant Program Act of 2023

This bill requires the Small Business Administration (SBA) to award grants to create or expand programs at minority-serving institutions that foster, promote, and increase opportunities for minority entrepreneurship and business ownership. The SBA must also establish a Minority Entrepreneurship Advisory Board to develop recommendations regarding how these institutions can better serve minority businesses and entrepreneurs.

Alternative Names
Official Title as IntroducedTo require the Administrator of the Small Business Administration to establish a grant program to create or expand programs at minority-serving institutions relating to minority entrepreneurship and business ownership, and for other purposes.
Policy Areas
Commerce

Comments

Recent Activity

Latest Summary1/29/2024

Minority Entrepreneurship Grant Program Act of 2023

This bill requires the Small Business Administration (SBA) to award grants to create or expand programs at minority-serving institutions that foster, promote, and increase opportu...

Latest Action11/17/2023
Referred to the House Committee on Small Business.