Veteran Entrepreneurship Training Act of 2021

Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 3469) to amend the Small Business Act to codify the Boots to Business Program, and for other purposes.

Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks and include extraneous material on the measure under consideration.

Mr. Speaker, I yield myself such time as I may consume.

Mr. Speaker, I rise in support of the bill before us today, H.R. 3469, the Veteran Entrepreneurship Training Act of 2021. But before I begin, let me say how proud I am of the committee's work on behalf of small businesses. I am pleased that we have worked together on these bills that we are taking up today because small businesses deserve nothing less.

I would also like to thank Ranking Member Luetkemeyer for his bipartisan leadership on our effort today and the work of our Small Business Committee members who continuously strive to make critical changes in policy for entrepreneurs.

This week is National Veterans Small Business Week, and I would like to take a moment to honor and salute the contributions veterans have made to American small businesses and in our country.

The Veteran Entrepreneurship Training Act of 2021 is timely because it would make vital improvements to SBA's Boots to Business Program, as well as offer certainty to transitioning servicemembers by authorizing the program for 5 years.

Since its inception in 2011, SBA's Boots to Business Program has been a vital resource for transitioning servicemembers and their spouses looking to launch and grow their small businesses.

Boots to Business offers a 2-day, in-person entrepreneurial education and training program as part of the Department of Defense's Transition Assistance Program. This valuable program is delivered throughout the country by Veterans Business Outreach Centers. Each year, more than 200,000 servicemembers make the transition from military to civilian life, and transition assistance is a critical component to ensure that our veterans have meaningful employment opportunities.

Veterans are uniquely positioned to succeed in starting and growing their own small businesses. The leadership skills, organizational abilities, and tenacity they developed through their time in the military lend themselves perfectly to the rigors of entrepreneurship. According to the SBA, veterans are 45 percent more likely to be self- employed than nonveterans, with 1 in 10 veterans owning a small business and, in return, employing 5.8 million individuals.

I want to thank Mr. Schneider and Mr. Williams for their work to provide meaningful entrepreneurship assistance to veterans.

Mr. Speaker, I urge my colleagues to support the bill, and I reserve the balance of my time.

Mr. Speaker, I yield such time as he may consume to the gentleman from Illinois (Mr. Schneider).

Mr. Speaker, I have no further speakers, and I am prepared to close.

I reserve the balance of my time.

Mr. Speaker, I yield myself the balance of my time to close.

Mr. Speaker, America's veterans, and their families, deserve our support as they transition back to civilian life. SBA's Boots to Business Program is a critical part of that support for veterans looking to begin their next chapter through entrepreneurship.

I am pleased to support this legislation, which will go a long way in ensuring transitioning servicemembers success in civilian life once their tours of duty are complete.

In light of National Veterans Small Business Week and Veterans Day next week, there is no better time for Congress to show their support for veteran entrepreneurs. I thank my colleagues, Mr. Brad Schneider from Illinois and Mr. Roger Williams from Texas, for working together in support of America's veterans.

Mr. Speaker, I urge my colleagues to vote ``yes,'' and I yield back the balance of my time.

Mr. Speaker, I yield myself such time as I may consume.

Mr. Speaker, I rise in support of H.R. 3469, the Veteran Entrepreneurship Training Act of 2021.

Mr. Speaker, this week is National Veterans Small Business Week. This is a time to honor and recognize the men and women who have served our Nation proudly in uniform. Many of these brave veterans go on to start and run successful businesses. This week and every week, we must recognize their resiliency and determination.

I would like to thank all our veterans who have dedicated their lives to keeping the United States safe and preserving our freedoms.

Importantly, today we are considering the Veteran Entrepreneurship Training Act of 2021, which codifies the Small Business Administration's successful Boots to Business Program. The Boots to Business Program offers veterans, servicemembers, and military

spouses entrepreneurship resources that provide the business skills and knowledge to launch and run a successful business. The program uniquely delivers results for those who have honed their skills in the military.

I am proud that we are focusing on veteran-owned businesses, and I believe this legislation will continue to provide important and valuable resources as our veterans return home and transition into providing goods and services to their communities.

I would like to thank Mr. Schneider from Illinois and Mr. Williams from Texas, who is the vice ranking member of our committee, for working diligently on this legislation. I would also like to thank the chair for her efforts on this legislation and for working with me in a bipartisan manner to advance all the commonsense small business bills before us today. I look forward to working with the chairwoman on several issues moving forward.

Mr. Speaker, I urge all of my colleagues to support H.R. 3469, which was passed favorably out of our committee via voice vote, and I reserve the balance of my time.

Mr. Speaker, I yield such time as he may consume to the gentleman from Texas (Mr. Williams), who is the vice ranking member of the committee.

Mr. Speaker, I have no further speakers, and I yield myself the balance of my time to close.

The Boots to Business Program is critical in assisting our veterans during their entrepreneurial business journey. I, once again, want to thank all of our friends and colleagues along the way here for their help putting this bill together, as well as our brave men and women who have served in the military on our behalf of our great country. We are better off with their unwavering commitment to American safety and security.

Mr. Speaker, as we celebrate and honor National Veterans Small Business Week, I urge my colleagues to support H.R. 3469, and I yield back the balance of my time.

Mr. Speaker, I want to thank the chairwoman and the ranking member for helping bring this bill today.

Mr. Speaker, I rise today as we mark Veterans Small Business Week in support of the Veteran Entrepreneurship Training Act of 2021, an important bipartisan bill I was proud to introduce with Congressman Roger Williams to help build our economy by giving veterans the tools they need to successfully start and grow their own businesses.

Just as our Nation's security rests on the shoulders of the men and women serving in our armed services, our Nation's economic growth relies on small businesses and American entrepreneurship. U.S. small businesses generate 44 percent of our total economic output annually; they employ almost half of all working Americans; and they produce almost 65 percent of all new jobs.

Small business owners exemplify the American Dream. According to the SBA, self-employed people, on average, earn more and have more net worth than the non-self-employed. Perhaps best of all, Mr. Speaker, owning your own business is the chance to do something you love and to control your own destiny.

We also know that many veterans have the self-motivation, experience, and valuable acquired skills to be successful entrepreneurs and small business owners. America's veterans have gained extraordinary experience and learned vital lessons, including planning, leadership, team building, problem-solving, and adapting to constantly changing situations.

The Boots to Business Program offers veterans a training curriculum to help them transfer their service experiences to the business world and expand their skill set with the know-how to succeed and prosper.

Since being launched in 2011, more than 50,000 veterans and their spouses have benefited from the Boots to Business Program, learning everything from strategic planning, marketing, basic accounting, and even financing for a new business or new opportunity.

As we beat back the pandemic, one of the best things we can do to help rebuild our economy is to unleash the ingenuity and entrepreneurship that can power our Nation into the post-COVID, 21st century global economy. The bipartisan bill before the House today builds on proven outcomes by formally codifying the Boots to Business Program into law.

I want to thank all of our veterans. I am pleased that this bill passed out of the committee with strong bipartisan support, and I am happy we are bringing it to the House floor today for a vote.

Mr. Speaker, I urge all of my colleagues to support the Veteran Entrepreneurship Training Act of 2021.

Mr. Speaker, I rise in support of H.R. 3469, which will provide statutory authority for the ``Boots to Business'' program, which provides entrepreneurship training to individuals, such as veterans and active service members, to be administered by the Small Business Administration.

I want to first thank my colleague, Representative Schneider, for introducing this legislation that will help veterans who served our country with honor and bravery, transition from military to civilian life.

Administered through the Office of Veteran Business Development in the Small Business Administration (SBA), the B2B program offers transitioning service members and military spouses a foundational two- day, in-person course for an introduction to business ownership which can be followed by optional online courses on topics including market research, business fundamentals, and revenue readiness.

Since B2B launched in 2013, more than 50,000 service members and spouses have participated in the program.

The Veteran Entrepreneurship Training Act of 2021 would authorize this program for five years.

Honorable Americans who serve this nation deserve to be equipped with the training, expertise, and tools they need to make a successful career transition from the Armed Services.

This program offers critical courses that provide deep insight into starting and running a business and can make the difference for so many of our brave service men and women.

It is important that our heroic veterans continue to have the opportunity to participate in the ``Boots to Business'' program and pursue their business and entrepreneurial goals.

The U.S. Census shows that 5.7 million individuals are employed by a recorded 2 million veteran-owned businesses.

Veterans are 45 percent more likely to be self-employed than those who have no military background.

Many of the leadership, problem solving, and communications skills learned in the armed forces translate to entrepreneurial and business success, and the ``Boots to Business'' program does immeasurably important work helping veterans start and grow businesses.

Our veterans deserve the upmost respect, and part of this is giving them the tools they need to succeed.

I am proud to support this legislation.

Mr. Speaker, I thank our ranking member and our chairwoman for their leadership.

Mr. Speaker, I rise today in strong support of the Veteran Entrepreneurship Training Act of 2021, which equips transitioning servicemembers with resources to become entrepreneurs.

In Congress, it is my greatest privilege to represent our military servicemembers and veterans in the 25th District of Texas, and I am honored to fight on their behalf in Washington.

I am proud to have led this bipartisan bill with my Democratic colleague and my friend, Mr. Schneider. Our bill codifies the Boots to Business Program for 5 years.

The Boots to Business Program is a 2-day, in-person entrepreneurship program offered by the Small Business Administration that provides transitioning servicemembers and military spouses information about business ownership and self-employment.

While serving in the military, our servicemembers learned how to make sound decisions in chaotic environments. Research has shown that servicemembers' unique skill sets prepare them to own and operate their own business.

Every year more than 200,000 servicemembers make the transition from military to civilian life, and it is critical that we assist their transition and provide them with the tools they need to be successful in whatever they endeavor next.

This week is National Veterans Small Business Week, making it the perfect time for Congress to pass this bill and empower our veteran entrepreneurs. It is our duty and responsibility to ensure the men and women who have defended our liberty and freedom are given the tools to launch a successful business career after their military service concludes.

Mr. Speaker, I urge my colleagues on both sides of the aisle--this is bipartisanship--to support this bill to continue this crucial program that helps our veterans become the next generation of business leaders.

In God We Trust.