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Minority Entrepreneurship Grant Program Act of 2023

1/29/2024, 4:45 PM

Congressional Summary of HR 6457

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.

Current Status of Bill HR 6457

Bill HR 6457 is currently in the status of Bill Introduced since November 17, 2023. Bill HR 6457 was introduced during Congress 118 and was introduced to the House on November 17, 2023.  Bill HR 6457's most recent activity was Referred to the House Committee on Small Business. as of November 17, 2023

Bipartisan Support of Bill HR 6457

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
5
Democrat Cosponsors
4
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6457

Primary Policy Focus

Commerce

Alternate Title(s) of Bill HR 6457

Minority Entrepreneurship Grant Program Act of 2023
Minority Entrepreneurship Grant Program Act of 2023
To 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.

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