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Veteran Support: Grants for Starting or Acquiring Businesses

This act introduces a pilot program to help veterans start or acquire their own businesses by providing grants. The program aims to assess the feasibility and effectiveness of such support, giving veterans an opportunity for entrepreneurial development and financial independence.
Key points
Veterans can apply for grants to start or acquire a qualifying business, including small businesses and franchises.
The pilot program will run for 3 years and include up to 250 veterans, with an emphasis on geographic diversity.
Veterans must complete entrepreneurship training and submit an approved business plan to receive funds.
Grant amounts depend on educational assistance entitlements and may include additional living assistance.
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Status:
Expired
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Additional Information
Print number: 117_HR_4433
Sponsor: Rep. Cline, Ben [R-VA-6]
Process start date: 2021-07-16
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Veterans Entrepreneurship Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4433.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-07-16.

What are the main provisions?

Key points include:

  • Veterans can apply for grants to start or acquire a qualifying business, including small businesses and franchises.
  • The pilot program will run for 3 years and include up to 250 veterans, with an emphasis on geographic diversity.
  • Veterans must complete entrepreneurship training and submit an approved business plan to receive funds.
  • Grant amounts depend on educational assistance entitlements and may include additional living assistance.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Cline, Ben [R-VA-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Small Business.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Benefits Economy