Us Congress House Bill HB3793

Us Congress 2025-2026 Regular Session

• Introduced: 6/5/25
• Refer: 6/5/25

Caption

Minority Entrepreneurship Grant Program Act of 2025

Impact

Should this bill be enacted, it will provide substantial funding, with an authorization of $50 million appropriated to carry out its objectives. The support from the SBA aims to improve access to resources necessary for students to develop their entrepreneurial skills and effectively launch their businesses. The program is expected to foster a culture of entrepreneurship among minority students, thereby contributing to economic diversity and inclusivity within the business landscape in the United States.

Summary

House Bill 3793, known as the 'Minority Entrepreneurship Grant Program Act of 2025,' aims to establish a grant program through the Small Business Administration (SBA). This program is targeted at enhancing business ownership and entrepreneurship among students enrolled at minority-serving institutions and historically Black colleges and universities (HBCUs). The bill intends to facilitate a supportive environment for minority students aspiring to own and operate businesses by creating or expanding relevant programs in these educational institutions.

Contention

One notable aspect of contention surrounding HB3793 relates to the efficacy and management of the proposed grant funds. Advocates argue that directing funds specifically to minority-serving institutions and HBCUs is a necessary step to rectify historical inequalities in access to business resources. However, critics may express concerns about the long-term outcome of such targeted funding and whether it adequately addresses the broader systemic barriers that minority entrepreneurs face, including access to capital and mentorship beyond educational institutions.