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Boosting Youth Entrepreneurship: Educational Programs for Future Innovators.

This Act aims to increase entrepreneurship rates in the U.S. by introducing educational programs for youth, especially from disadvantaged communities. Children and adolescents will have the opportunity to develop business and innovative skills, potentially leading to new job creation and economic growth in their communities. These programs will be implemented in community learning centers, with SCORE program mentors teaching entrepreneurship and inventorship.
Key points
Children and youth from low-income families and underrepresented groups will gain access to free entrepreneurship and inventorship educational programs.
The SCORE (Service Corps of Retired Executives) program will partner with community learning centers to provide mentors and educational materials.
The Act seeks to enhance career and economic opportunities for young people by encouraging them to start their own businesses and foster innovation.
Funding of $2.5 million annually for fiscal years 2021-2025 is authorized for the implementation of these programs.
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Additional Information
Print number: 117_HR_7687
Sponsor: Rep. Phillips, Dean [D-MN-3]
Process start date: 2022-05-06