WASHINGTON, D.C. — Recently, U.S. Senators Thom Tillis (R-NC) and Jacky Rosen (D-NV) introduced the Minority Entrepreneurship Grant Program Act. This bipartisan legislation would establish a Minority Entrepreneurship Grant Program through the U.S. Small Business Administration (SBA) to award grants to Minority Serving Institutions (MSIs) and Historically Black Colleges and Universities (HBCUs) to promote and increase opportunities for minority student business ownership and entrepreneurship.
“Small businesses are critical to the success of our communities in North Carolina and across the nation, and we must continue to develop the minority entrepreneurs and innovators of tomorrow to sustain economic growth and job creation,” said Senator Tillis. “I’m proud to introduce this legislation to ensure that young entrepreneurs from Minority Serving Institutions and Historically Black Colleges and Universities in our state have the support needed to kick start their businesses.”
“In my home state of Nevada, small businesses are the economic engine of