National Guard and Reserve Entrepreneurship Support Act of 2016

Bill 114 s 3009, also known as the National Guard and Reserve Entrepreneurship Support Act of 2016, aims to provide support and resources for members of the National Guard and Reserve who are interested in starting or expanding their own businesses. The bill recognizes the unique challenges faced by these individuals, who often balance their military service with civilian careers.

The key provisions of the bill include the establishment of a grant program to provide funding for entrepreneurship training and support services for National Guard and Reserve members. This program would be administered by the Small Business Administration (SBA) and would prioritize funding for programs that specifically cater to the needs of military personnel.

Additionally, the bill calls for the creation of a mentorship program that pairs National Guard and Reserve members with experienced entrepreneurs who can provide guidance and support as they navigate the challenges of starting a business. This mentorship program would be coordinated by the SBA and would aim to connect military personnel with mentors who have relevant experience in their industry. Overall, the National Guard and Reserve Entrepreneurship Support Act of 2016 seeks to empower and support members of the National Guard and Reserve as they pursue their entrepreneurial ambitions. By providing funding for training and support services, as well as facilitating mentorship opportunities, the bill aims to help these individuals overcome the unique challenges they face and achieve success in their business endeavors.