S. 1109 · 117th Congress

Minority Entrepreneurship Grant Program Act of 2021

Stage
In committee
Introduced
2021-04-14
Latest action
2021-04-14 · Introduced in Senate

Summary

Minority Entrepreneurship Grant Program Act of 2021

This bill requires the Small Business Administration (SBA) to award grants to create or expand programs at minority-serving institutions and historically Black colleges and universities (HBCUs) that foster, promote, and increase opportunities for minority business ownership. The SBA must also establish a Minority Entrepreneurship Advisory Board to develop recommendations regarding how these institutions and HBCUs can better serve minority businesses and entrepreneurs.