HR 6457
Minority Entrepreneurship Grant Program Act of 2023
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Bill overview
The Minority Entrepreneurship Grant Program Act of 2023 aims to support minority-serving institutions by providing grants to create or expand programs that foster entrepreneurship and business ownership among minority students. The Small Business Administration (SBA) will administer these grants, and a special advisory board will offer recommendations on how these institutions can better serve minority businesses. The bill also requires the SBA to track and report on the program's impact, including the number of student entrepreneurs assisted and small businesses created.
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