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A bill to increase access to capital for veteran entrepreneurs to help create jobs.

4/7/2025, 2:54 PM

Summary of Bill S 957

Bill 114 s 957, also known as the "Veteran Entrepreneurship Investment Act of 2021," aims to provide increased access to capital for veteran entrepreneurs in order to help them create jobs. The bill recognizes the unique challenges that veterans face when starting and growing their own businesses, and seeks to address these challenges by facilitating access to funding.

Specifically, the bill proposes the establishment of a new program within the Small Business Administration (SBA) called the Veteran Entrepreneur Investment Program. This program would provide grants to organizations that support veteran-owned businesses, such as Small Business Development Centers and Women's Business Centers, to help them provide technical assistance and access to capital for veteran entrepreneurs.

Additionally, the bill would authorize the SBA to provide loan guarantees to veteran-owned businesses, making it easier for them to secure financing from traditional lenders. This would help veterans overcome one of the major barriers to starting and growing a business – access to capital. Overall, the goal of Bill 114 s 957 is to support veteran entrepreneurs in their efforts to create jobs and contribute to the economy. By providing them with the resources they need to succeed, the bill aims to help veterans transition successfully from military service to entrepreneurship.

Current Status of Bill S 957

Bill S 957 is currently in the status of Bill Introduced since April 15, 2015. Bill S 957 was introduced during Congress 114 and was introduced to the Senate on April 15, 2015.  Bill S 957's most recent activity was By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-240. as of April 21, 2016

Bipartisan Support of Bill S 957

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

Policy Area and Potential Impact of Bill S 957

Primary Policy Focus

Commerce

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