Veteran Entrepreneurship Empowerment Act

This bill waives upfront guarantee fees and reduces equity injection requirements for veteran-owned businesses seeking SBA loans under $1 million. It directly affects veterans, military spouses, and certain military-connected individuals (including surviving spouses of service-connected deceased veterans) who own small businesses. Key provisions include eliminating guarantee fees for eligible loans and lowering required down payments by at least 5 percentage points for startups or ownership changes. The bill also requires the SBA to publish data on veteran business participation in loan programs and outreach services. These changes aim to address documented barriers to capital access faced by veteran entrepreneurs, as highlighted in federal reports.