Bill · H.R. 10016· House(119-HR-10016)
Veterans Entrepreneurship Act of 2026
- Introduced
- 8/3/2026
- Last activity
- 8/3/2026 — Referred to the House Committee on Small Business.
- Sponsored by
- Ben Cline
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
The Veterans Entrepreneurship Act of 2026 directs the Small Business Administration to launch a three-year pilot program. This program aims to assess the feasibility of providing grants to eligible veterans to start or acquire qualifying business enterprises. The Administrator will oversee the distribution of these grants to a maximum of 250 veterans while ensuring geographic diversity. Recipients are required to complete entrepreneurship training and submit a business plan for approval. Grant funds are distributed in installments based on specific milestones and the veteran's educational assistance status. The program includes provisions for additional monthly assistance and the potential for training cost coverage.
Yes· 3 of 7
Would veterans be better off under this, taking everything together?+9
The bill specifically targets veterans with grants, training, and monthly financial support to aid their entrepreneurship.
Does this make it easier to run a small business?+8
The bill creates a direct grant-based support system for veterans to start or acquire small businesses.
Would business owners be better off under this?+7
The bill provides direct financial resources for veterans to become business owners.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Support for Veteran Business Ownership: The bill provides grants to eligible veterans to help them start or acquire qualifying business enterprises, such as small businesses or franchises (Section 2, Paragraph 1A and 1C).
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Financial Assistance for Living Expenses: Veterans can receive additional monthly assistance based on their housing allowance and employment status while participating in the pilot program (Section 2, Paragraph 4Aiiiii).
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Preparation through Training: To ensure success, the bill requires and supports entrepreneurship readiness programs to prepare veterans for business ownership and management (Section 2, Paragraph 3A).
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Covering Training Costs: The Administrator has the authority to pay for the cost of approved entrepreneurship training programs (Section 2, Paragraph 4Aiv).
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Diverse Opportunities: The program is designed to include various types of businesses, including small businesses, franchises, and startups (Section 2, Paragraph 1C).
Potential Negative Impacts for People
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Strict Application Requirements: Veterans must meet rigorous documentation standards, including providing descriptions of grant use, expected returns on investment, and certifications regarding training and employment status (Section 2, Paragraph 2B).
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Mandatory Training Completion Before Funds: An eligible veteran may not receive any grant amounts until they have completed the required entrepreneurship training (Section 2, Paragraph 2Biii).
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Delayed Fund Access: Grant amounts are disbursed in installments that can only be requested after the veteran's business plan has been officially approved (Section 2, Paragraph 2Bv and 4Bii).
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Strict Business Plan Approval: The process for business plan approval involves a review by an associate administrator who has the power to reverse an advisor's approval (Section 2, Paragraph 3Cii).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Veterans+9Good For Business Owners+7
- Economy And Finance
- Improves Small Business Support+8Increases Job Creation+5Improves Economic Growth+3
- National Security And Foreign Policy
- Improves Veterans Benefits+7
- Social Issues And Justice
- Improves Poverty Reduction+4
- 9/1/2026
- 1 Cosponsor added.
- 8/3/2026
- Referred to the House Committee on Small Business.
- Introduced in House
Michael LawlerRepublican · New York