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United States · Bill · S

S. 1866 (114th)

Veterans Small Business Ownership Improvements Act of 2015

openUnited States· United States Congress· EN

Introduced

27 July 2015

Last action

Status

By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report under authority of the order of the Senate of 12/10/2016. Report No. 114-410.

Sponsors

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Discovery layer

Source updated

7 April 2025

Summary

Veterans Small Business Ownership Improvements Act of 2015 This bill amends the Small Business Act to establish the Boots to Business Program under which the Small Business Administration (SBA) shall provide entrepreneurship training to: members of the Armed Forces, individuals participating in the Transition Assistance Program (Department of Defense), individuals who served on active duty and who were discharged or released under conditions other than dishonorable, and their spouses or dependents. The SBA shall establish: a Women Veterans Business Training Program to provide specific training for female members of the Armed Forces, veterans, or their spouses or dependents who are interested in small business careers; and a Business Training Program for Service Disabled Veterans to provide specific training for service-disabled veterans interested in small business careers. The SBA shall: establish a veterans' business outreach center program to provide financial assistance to educational institutions, veterans' nonprofit community-based organizations, and federal, state, and local departments and agencies to conduct renewable five-year projects for the benefit of small businesses owned and controlled by veterans; and designate at least one individual in each district office as a veterans business development officer to coordinate activities of the district office with recipient entities. Assisted entities shall establish a veterans' business outreach center to provide specific assistance to veterans, service-disabled veterans, and reservists, as well as their spouses, and the spouses of active duty members of the Armed Forces. The SBA shall establish: guidelines to improve the network of peer-to-peer counseling for individuals eligible for a veterans' entrepreneurial development program, an online mechanism to provide information that assists veterans' assistance providers in carrying out their activities, and an online mechanism that serves as a one-stop online resource for veterans regarding SBA entrepreneurial development programs. The SBA's duties are expanded to include making grants to, or entering into cooperative agreements with, nonprofit entities to operate federal contracting training programs for veteran-owned small businesses.

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Documents

6 official files

Reported to Senate (text)

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