HR 903 · 118th Congress · Commerce

Veterans Entrepreneurship Act of 2023

Introduced 2023-02-09· Sponsored by Rep. Cline, Ben [R-VA-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2023-02-09)

Plain Language Summary

[AI summary unavailable — showing source text] Veterans Entrepreneurship Act of 2023 This bill requires the Small Business Administration to carry out a pilot program assessing the feasibility and advisability of making grants to eligible veterans to start or acquire a small business concern, a franchise business enterprise, or any other appropriate category of business enterprise. Eligible veterans are those veterans or members of the Armed Forces who (1) are currently retiring or separating from the Armed Forces or have been honorably discharged from active duty, (2) have completed a specified minimum period of active duty, and (3) are entitled to certain educational assistance programs. Grant recipients must complete an entrepreneurship readiness program and prepare a business plan, and they may use grant funds for purposes such as purchasing goods or services, funding a project that is directed toward economic development objectives, and acquiring a business enterprise.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (16)

3 Democrats13 Republicans