Veterans Entrepreneurship Act of 2026

This bill would require the Small Business Administration to run a 3-year pilot program giving grants to up to 250 eligible veterans to start or buy a qualifying business, such as a small business or franchise. To be eligible, a veteran or separating service member must have at least 36 months of active duty (or 24 months if discharged for a service-connected disability) and be entitled to GI Bill education benefits. The grant amount would be based on the veteran's remaining GI Bill benefits, plus a monthly payment tied to the military housing allowance. Veterans would have to complete entrepreneurship training and get a business plan approved before receiving money, which would be paid in installments tied to business plan milestones. The agency would report to Congress within 2 years on how the program is working.

Full text and official record on Congress.gov

Sponsors

• Ben Cline Republican sponsor
• 1 cosponsors