To amend the Workforce Innovation and Opportunity Act to authorize a study to review specific outcomes of entrepreneurial skills development programs, and for other purposes.

Key Points

• This bill would change federal job laws to include training for people who want to start their own businesses. Right now, most federal job programs focus on helping people find work at existing companies, but this change would treat starting a small business as a valid career path.
• People visiting local job centers would get access to information about how to become an entrepreneur. The bill also makes it easier for organizations that teach business skills to get federal funding, meaning more local classes could be available for those wanting to launch a startup or small company.
• The bill requires a three-year study to see if these programs actually work. Researchers would look at how much money new business owners make after three years and whether these programs lead to real economic growth and job creation in their local towns.
• The goal is to help more people create their own jobs and boost local economies. By teaching people how to run a business, the government hopes to see more job creation in communities where traditional employment might be hard to find.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.