Creating an Office of Entrepreneurship

HB 5404 creates an Office of Entrepreneurship within the West Virginia Secretary of State's Office. It directly assists new and early-stage businesses (operating fewer than five years) by providing policy support, technical resources, and acting as a liaison with state agencies. The bill allocates $350,000 for fiscal years 2027-2028 to fund two full-time staff positions and support these services. This office would focus on helping businesses during their critical first three to five years of operation.