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Codifying and extending the Boots to Business entrepreneurship training for veterans and families

This Act formalizes and extends the "Boots to Business Program" until September 30, 2028, providing essential entrepreneurship training to veterans, active service members, National Guard/Reserves, and their spouses or dependents. The program aims to equip these individuals with the necessary skills, tools, and knowledge to successfully start and operate a small business, including drafting business plans and identifying capital sources. This legislative change ensures continued support for the military community transitioning to civilian life and fostering veteran-owned small businesses.
Key points
The "Boots to Business Program" is codified into law and extended until September 30, 2028, ensuring long-term availability of training.
Eligibility is expanded to include active service members, veterans (with non-dishonorable discharge), and their spouses or dependents.
The program components include online self-study, in-person instruction, and in-depth training leading to the creation of a business plan.
A cap is placed on international travel expenses for Veteran Business Outreach Centers (VBOCs) at 35% of grant funding, with a petition process for exceptions.
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Additional Information
Print number: 118_S_38
Sponsor: Sen. Duckworth, Tammy [D-IL]
Process start date: 2023-01-24