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Read. Follow. Verify.Senate Hearing on Veterans' Entrepreneurship and Small Business Support
Record date · January 1, 2015
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What This Bill Does
The Senate Committee on Small Business and Entrepreneurship held a hearing to examine federal programs designed to help veterans start and grow their own businesses. The session featured testimony from veteran business owners and representatives from support organizations to inform upcoming legislation.
The committee is gathering testimony to inform a comprehensive veterans' entrepreneurship bill scheduled for in July 2015, which aims to address the challenges veterans face in transitioning to civilian employment.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Veterans
The committee is reviewing programs that provide resources for veterans seeking to start or grow small businesses.
Small Business Administration
The agency is subject to potential legislative changes regarding the programs it administers for veterans.
Key Facts
- The hearing was held on June 25, 2015, by the Senate Committee on Small Business and Entrepreneurship.
- The committee plans to mark up a comprehensive veterans' entrepreneurship bill in July 2015.
- 69 percent of veterans report that finding a job is their biggest challenge after leaving the military.
- The national unemployment rate for veterans was cited as 9 percent at the time of the hearing.
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- There were over one million unemployed veterans in the U.S. at the time of the hearing.
- The hearing included two panels: one consisting of veteran entrepreneurs and one consisting of representatives from business support programs.
- Witnesses included representatives from the U.S. Small Business Administration, Syracuse University, and various Small Business Technology & Development Centers.
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Legislative Preparation
The hearing was explicitly convened to prepare for a specific legislative markup scheduled for the following month.
Connected Entities
Sources
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Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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