H.R. 1803: Veterans Business Center Act of 2009
This bill has been passed in the House. The bill now goes on to be voted on in the Senate. Keep in mind that debate may be taking place on a companion bill in the Senate, rather than on this particular bill. Veterans Business Center Act of 2009 – Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to establish within the SBA a Veterans Business Center program (program), headed by a Director, to provide entrepreneurial training and counseling to veterans. Authorizes the Director to make grants to each entity designated as a veterans business center. Requires each center to use such funds on veteran entrepreneurial development, counseling of veteran-owned small businesses through one-on-one instruction and classes, and providing government procurement assistance to veterans.
Targets populations where veterans and veterans of Operations Iraqi Freedom or Enduring Freedom exceed the national median.
Requires the Director to establish, with respect to veteran-owned small businesses, grant programs for: (1) access to capital; (2) procurement assistance; and (3) service-disabled veteran-owned small businesses.
Authorizes the Director to carry out, every two years, a veterans entrepreneurial development summit.
Requires an annual report from the Administrator to Congress on appointments made to, and activities of, the interagency task force on veteran-owned small businesses.
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