HB 5404
Creating an Office of Entrepreneurship
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Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill creates a new Office of Entrepreneurship within the West Virginia Secretary of State’s Office. The office will provide support to businesses, particularly those in their initial years of operation, by connecting them with resources and assisting them in navigating interactions with state and local agencies. It will also focus on strengthening entrepreneurship policies and programs across the state. The bill allocates $350,000 for the office’s operations over two years and provides for two full-time employees.
Key provisions
- Establishes the Office of Entrepreneurship within the Secretary of State’s Office.
- Provides technical support and expands access to resources for entrepreneurs.
- Acts as a point of contact for businesses interacting with state and local agencies.
- Offers assistance to first-time entrepreneurs in starting and sustaining their businesses.
- Allocates $350,000 in funding for the office for fiscal years 2027 and 2028.
- Provides for two full-time employees for the first two years of operation.
- The office will focus on strengthening entrepreneurship policies and programs.
Who is affected
- Entrepreneurs
- Small Businesses
- West Virginia Businesses
- Secretary of State’s Office
- State Agencies
Notable changes
- Creates a dedicated office to support entrepreneurship.
- Provides initial funding and staffing for the new office.
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