Microbusiness Support & Simplification Act

HB 5651 creates a statewide program to support West Virginia microbusinesses (defined as businesses with 9 or fewer employees). It establishes a permanent state fund to provide grants for training, equipment, and microloans through partner organizations, while requiring state agencies to pay certified microbusiness vendors within 15 days for goods or services. The bill also mandates simplified compliance guides for small businesses when new rules affect them and encourages awarding small state contracts to certified microbusinesses. This program prioritizes rural areas, veteran-owned businesses, and entrepreneurs lacking traditional financing access.