To require the Administrator of the Small Business Administration to establish and carry out a program that assists military spouses in establishing small business concerns, and for other purposes.
About This Bill
Committee
Latest Action · June 14, 2023
Read twice and referred to the Committee on Small Business and Entrepreneurship.
This bill requires the Small Business Administration to establish a program to help military spouses start and grow small businesses. The program would provide assistance with understanding business formation requirements, developing entrepreneurial skills, accessing mentorship through military spouse organizations, and addressing the unique challenges military families face such as deployments, frequent relocations, and time away from the workforce. The SBA must conduct a survey at military installations to identify barriers military spouses encounter when starting businesses, particularly regarding access to capital and resources, and submit a report to Congress within 180 days of the bill's enactment. The SBA may either create a new program or expand an existing one to meet these goals, and can consult with the Department of Defense as needed. No specific funding amount is specified in the legislation.
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