Veterans Entrepreneurship Act of 2026

The Veterans Entrepreneurship Act of 2026 establishes a three-year pilot program to provide grants to eligible veterans for starting or acquiring small businesses, franchises, or other qualifying enterprises. To receive funding, veterans must complete approved entrepreneurship training and submit a business plan that is reviewed and approved by an advisor before any money is disbursed. Grants are distributed in monthly installments over up to 12 months, contingent on the veteran meeting specific milestones outlined in their approved business plan. The program is limited to 250 recipients and requires geographic diversity among applicants, with a final report due two years after the program begins to assess its effectiveness.