To allow participants in the Service Corps of Retired Executives to teach entrepreneurship at community learning centers, and for other purposes.
About This Bill
Committee
Latest Action · October 25, 2023
Referred to the Committee on Small Business, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
The 21st Century Entrepreneurship Act authorizes the Small Business Administration to develop an entrepreneurship curriculum that retired business executives from the SCORE program can teach to students at community learning centers, which are after-school and community education programs serving lower-income areas. The bill aims to increase entrepreneurship among disadvantaged youth by connecting them with experienced mentors, based on research showing that children with entrepreneurship mentors are more likely to pursue these fields as adults. The SBA must work with the Department of Education and collaborate with education specialists, business groups, and organizations serving underrepresented communities to design and implement the curriculum. The bill requires the SBA to submit a report to Congress within one year of enactment and every two years thereafter documenting how many students were reached, how funds were used, and any barriers or improvements needed. The legislation does not specify dedicated funding amounts but authorizes the necessary spending to develop the curriculum and track its implementation.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.