S 6741 New York Senate · 2025 Regular Session

Creates the New York state entrepreneurial training act

S 6741 establishes the New York State Entrepreneurial Training Act, creating a grant program to support and train entrepreneurial candidates. The Empire State Development Corporation formulates the program, which is then administered by individual participating cities and towns, awarding grants competitively to eligible applicants who submit business plans. The bill mandates that at least 20% of participants be certified minority and women's business enterprises and 10% be military veterans. It also allocates specific funding to cities and towns based on population, with funds designated for both program operation and direct grants to successful graduates.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 21, 2025 Last action Jan 7, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
3
Jan 7, 2026
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
upper
May 20, 2025
Committee
REPORTED AND COMMITTED TO FINANCE
upper
Mar 21, 2025
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of James Sanders
James Sanders
DDemocratic
NY
10