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Minority Entrepreneurship Support: New Grant Programs

This act establishes a grant program to help educational institutions develop programs supporting minority students in starting and growing their businesses. Minority citizens, especially students, can gain access to free legal, accounting, marketing advice, and capital acquisition support for business startups. The goal is to increase the number of businesses owned by minorities.
Key points
Launch of a $50 million grant program to support entrepreneurship among minority students.
Educational institutions (minority-serving institutions and historically Black colleges and universities) will receive at least $250,000 to create or expand business programs.
Minority student entrepreneurs will gain access to free services like legal, accounting, marketing advice, and assistance with accessing capital.
A Minority Entrepreneurship Advisory Board will be established to recommend ways to better support minority-owned businesses.
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Introduced
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Additional Information
Print number: 119_HR_3793
Sponsor: Rep. Williams, Nikema [D-GA-5]
Process start date: 2025-06-05
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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

Minority Entrepreneurship Grant Program Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3793.

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 2025-06-05.

What are the main provisions?

Key points include:

  • Launch of a $50 million grant program to support entrepreneurship among minority students.
  • Educational institutions (minority-serving institutions and historically Black colleges and universities) will receive at least $250,000 to create or expand business programs.
  • Minority student entrepreneurs will gain access to free services like legal, accounting, marketing advice, and assistance with accessing capital.
  • A Minority Entrepreneurship Advisory Board will be established to recommend ways to better support minority-owned businesses.
What is the specific legal status?

The current status is Introduced.

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. Williams, Nikema [D-GA-5].

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 2025-12-22.

CATEGORIES

Education Economy