What does Preamble of 21st Century Entrepreneurship Act do?

This bill, formally titled 'A bill to require the Administrator of the Small Business Administration to encourage entrepreneurship training in after school programs, and for other purposes,' aims to promote entrepreneurship training within after school programs. The bill directs the Small Business Administration Administrator to encourage such training.

What does SHORT TITLE. of 21st Century Entrepreneurship Act do?

This bill is formally titled the 21st Century Entrepreneurship Act.

What does FINDINGS. of 21st Century Entrepreneurship Act do?

This section outlines findings related to entrepreneurship in the United States. Congress finds that entrepreneurship benefits the U.S. economy by creating jobs, increasing productivity, and improving quality of life. Entrepreneurship rates in the U.S. have decreased significantly in recent decades. Children from disadvantaged communities are less likely to become entrepreneurs or inventors. Mentorship in entrepreneurship and inventorship increases the likelihood of pursuing these fields in adulthood. The section suggests encouraging volunteer mentors from the SCORE program to engage with children in community learning centers to promote growth in disadvantaged communities.

What does DEFINITIONS. of 21st Century Entrepreneurship Act do?

This section defines terms used within the Act. The 'Administration' and 'Administrator' refer to the Small Business Administration and its Administrator, respectively. The term 'community learning center' is defined by section 4201(b) of the Elementary and Secondary Education Act of 1965. ‘Inventorship’ is defined as the activity of creating, designing, or originating a new product or service. The 'SCORE program' refers to the Service Corps of Retired Executives as described in section 8(b)(1)(B) of the Small Business Act. The term 'small business development center' is defined in section 3 of the Small Business Act.

What does ENTREPRENEURSHIP EDUCATION FOR DISADVANTAGED YOUTH. of 21st Century Entrepreneurship Act do?

This section establishes the Entrepreneurship Education for Disadvantaged Youth program. The Administrator is directed to develop a curriculum for SCORE volunteers to teach entrepreneurship and inventorship to underrepresented students, including female, minority, English learners, students with disabilities, rural students, and low-income students, through community learning centers. The program encourages partnerships between SCORE and community learning centers to implement the curriculum. Collaboration with other entrepreneurial development programs, such as Small Business Development Centers and Women’s Business Centers, is encouraged. Section 8(b)(1)(B) of the Small Business Act is amended to include entrepreneurship and inventorship programs under this Act. Part B of title IV of the Elementary and Secondary Education Act of 1965 is amended to include entrepreneurship and inventorship programs. The Administrator must submit a report to relevant committees every two years, detailing partnerships, fund usage, training, student reach, barriers, and improvement plans. The Act authorizes $2,500,000 annually from fiscal years 2026 through 2030 to carry out the program, with the Administrator able to transfer funds to the SCORE program.

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21st Century Entrepreneurship Act

Last updated: 3/18/2026 · Introduced: 3/18/2026

Author: Catherine Cortez Masto (D-NV)

TL;DR (AI)

This bill establishes the Entrepreneurship Education for Disadvantaged Youth program, directing the Small Business Administration to develop a curriculum for SCORE volunteers to teach entrepreneurship and inventorship to underrepresented students through community learning centers.
The bill authorizes $2,500,000 annually from fiscal years 2026 through 2030 to fund this program, allowing the Administrator to transfer funds to the SCORE program.
The Act amends existing legislation to include entrepreneurship and inventorship programs, specifically modifying sections of the Small Business Act and the Elementary and Secondary Education Act of 1965.

119th Congressin committeeOfficial page

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Includes provisions on preamble, short title., and 3 more.

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