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HR3793119th CongressWALLET

Minority Entrepreneurship Grant Program Act of 2025

Sponsored By: Representative Williams, Nikema [D-GA-5]

Introduced

Summary

Would create an SBA grant program to expand minority entrepreneurship at MSIs and HBCUs and fund campus-based programs that train student entrepreneurs and connect them to professional services and capital resources.

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  • Student entrepreneurs gain funded programs offering training, free legal and accounting help, counseling, networking, and access to capital; each grant must be at least $250,000.
  • Minority-serving institutions and HBCUs would apply to create or expand entrepreneurship programs and must submit mid-year and year-end reports listing participants, businesses formed, and referral activity, with data disaggregated by sex, race, and ethnicity where possible.
  • The bill would create a Minority Entrepreneurship Advisory Board to recommend campus strategies and require SBA to report to Congress 18 months after the first grant and annually after that on grant recipients and program outcomes.

*Would authorize $50.0 million in new appropriations to fund the grant program.*

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

More help for minority student entrepreneurs

If enacted, SBA would create a new grant program within 180 days, in consultation with the Under Secretary of Commerce for Minority Business Development. Minority-serving colleges and HBCUs would apply to start or expand on‑campus programs for student entrepreneurs. Each grant would be at least $250,000, and the bill would authorize $50 million in total. Money could pay for free legal, accounting, IT, HR, marketing, training, counseling, networking, technical help, and access to capital, including business formation costs. Schools would file mid‑year and year‑end reports, and SBA would report to Congress 18 months after the first grant and every year after.

Sponsors & CoSponsors

Sponsor

Williams, Nikema [D-GA-5]

GA • D

Cosponsors

  • Rep. Fitzpatrick, Brian K. [R-PA-1]

    PA • R

    Sponsored 6/5/2025

  • Rep. Adams, Alma S. [D-NC-12]

    NC • D

    Sponsored 6/5/2025

  • Rep. Evans, Dwight [D-PA-3]

    PA • D

    Sponsored 6/5/2025

  • Rep. Torres, Norma J. [D-CA-35]

    CA • D

    Sponsored 6/5/2025

  • Rep. Goldman, Daniel S. [D-NY-10]

    NY • D

    Sponsored 12/16/2025

Roll Call Votes

No roll call votes available for this bill.

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