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Veteran Entrepreneurship Training Act of 2023

3/12/2024, 7:03 PM

Summary of Bill S 38

Bill 118 s 38, also known as the Veteran Entrepreneurship Training Act of 2023, aims to provide support and resources for veterans who are interested in starting their own businesses. The bill recognizes the unique skills and experiences that veterans bring to the table and seeks to help them transition into successful entrepreneurs.

Under this legislation, the Small Business Administration (SBA) will be tasked with developing and implementing a training program specifically tailored to the needs of veteran entrepreneurs. This program will cover a range of topics, including business planning, marketing, financial management, and access to capital. The goal is to equip veterans with the knowledge and skills they need to launch and grow their businesses successfully.

In addition to the training program, the bill also establishes a mentorship program that pairs veteran entrepreneurs with experienced business owners who can provide guidance and support. This mentorship component is designed to help veterans navigate the challenges of starting a business and increase their chances of long-term success. Overall, the Veteran Entrepreneurship Training Act of 2023 is a bipartisan effort to support and empower veterans as they pursue entrepreneurship opportunities. By providing training, resources, and mentorship, the bill aims to help veterans leverage their skills and experiences to build successful businesses and contribute to the economy.

Congressional Summary of S 38

Veteran Entrepreneurship Training Act of 2023

This bill provides statutory authority for the Boots to Business Program, which provides entrepreneurship training to individuals including veterans and active members of the Armed Forces, to be administered by the Small Business Administration.

Current Status of Bill S 38

Bill S 38 is currently in the status of Bill Introduced since January 24, 2023. Bill S 38 was introduced during Congress 118 and was introduced to the Senate on January 24, 2023.  Bill S 38's most recent activity was Committee on Small Business and Entrepreneurship. Hearings held. as of November 15, 2023

Bipartisan Support of Bill S 38

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
0
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 38

Primary Policy Focus

Commerce

Potential Impact Areas

- Business education
- Congressional oversight
- Employment and training programs
- Government information and archives
- Intergovernmental relations
- Military personnel and dependents
- Small business
- Veterans' education, employment, rehabilitation

Alternate Title(s) of Bill S 38

Veteran Entrepreneurship Training Act of 2023
Veteran Entrepreneurship Training Act of 2023
Veteran Entrepreneurship Training Act of 2023
A bill to amend the Small Business Act to codify the Boots to Business Program, and for other purposes.

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