Senior-owned small businesses get a boost under Kim’s bipartisan bill

U.S. Rep. Young Kim (R-CA) on April 21 sponsored a bipartisan bill to establish a training curriculum for older business owners within the Small Business Administration’s (SBA) Office of Entrepreneurial Development. 

“Age should not be a hurdle to achieving the American dream,” Rep. Kim said. “Millions of Americans can bring their vast professional and personal experience to the table to start businesses and create jobs, but they often need support to adapt to changing technologies and a dynamic marketplace.” 

The Golden-preneurship Act, H.R. 7552, which has three original cosponsors, including U.S. Rep. Jason Crow (D-CO), would create the Golden Entrepreneurs Training and Demonstration Curriculum to provide eligible entities with tools to accelerate the growth of their small businesses, according to the text of the bill.

“The Golden-preneurship Act will ensure older entrepreneurs can access the tools they need to make their ideas a reality,” said Rep. Kim. “As our nation recovers from the COVID-19 pandemic, we need all hands on deck to recover our economy, and our parents and grandparents are a key part of the solution to strengthen our future and create jobs.”

Continue reading at The Ripon Advance.


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