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Support for Older Entrepreneurs: Training Program and Resources

This act establishes a new training program for businesses owned by older individuals, aiming to help them grow and manage their operations. The program offers support in digitalization, business expansion, retirement planning, and selling a business. Its goal is to strengthen the position of older entrepreneurs in the economy.
Key points
New training program for businesses owned by older individuals (over 45, especially 55+).
Support in digitalization, business development, succession planning, and access to capital.
Option for in-person and virtual training, with a focus on rural areas.
Monitoring older entrepreneurs' access to federal loans and grants.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_2348
Sponsor: Sen. Scott, Tim [R-SC]
Process start date: 2021-07-14
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Golden-preneurship Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_2348.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-07-14.

What are the main provisions?

Key points include:

  • New training program for businesses owned by older individuals (over 45, especially 55+).
  • Support in digitalization, business development, succession planning, and access to capital.
  • Option for in-person and virtual training, with a focus on rural areas.
  • Monitoring older entrepreneurs' access to federal loans and grants.
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 Sen. Scott, Tim [R-SC].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Labor