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Support for Minority Entrepreneurship in Educational Institutions

This act establishes a grant program to help minority-serving educational institutions develop programs that support students in starting and running their own businesses. The goal is to increase the number of entrepreneurs among minority students by offering them access to resources and training. Citizens from minority groups, especially students, may gain new opportunities for professional and financial development.
Key points
Minority-serving institutions will receive grants to create or expand programs supporting student entrepreneurship.
Minority students will gain access to free legal, accounting, marketing advice, and support in obtaining capital for business startups.
A Minority Entrepreneurship Advisory Board will be established to recommend ways to better support minority businesses.
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Additional Information
Print number: 118_HR_6457
Sponsor: Rep. Williams, Nikema [D-GA-5]
Process start date: 2023-11-17