S. 1402 · 118th Congress
Minority Entrepreneurship Grant Program Act of 2023
- Stage
- In committee
- Sponsor
- Jacky Rosen
- Introduced
- 2023-05-02
- Latest action
- 2023-05-02 · Introduced in Senate
Summary
Minority Entrepreneurship Grant Program Act of 2023
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.