21st Century Entrepreneurship Act

Key Points

• The Small Business Administration would create a new program to teach kids how to start businesses and invent new products. This training would happen at after-school community centers that already serve local neighborhoods.
• The program specifically focuses on helping students who might not usually get these opportunities, including low-income students, kids in rural areas, students with disabilities, and minority students.
• Retired business leaders from a group called SCORE would volunteer to mentor the students. They would share their real-world experience to help kids learn how to turn an idea into a working business.
• The bill sets aside $2.5 million each year from 2026 through 2030 to pay for the curriculum and help the mentors work with the after-school centers. Every two years, officials would have to report on how many students the program is reaching.

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