Following the Affirmative Action incident, a bipartisan bill was introduced named the Minority Entrepreneurship Grant Program Act (MEGPA), introduced by Congresswoman Nikema Williams (D-GA). This new bill aims to establish a federal grant program at historically Black colleges and universities and other minority-serving institutions. The bill’s official summary states that the Small Business Administration (SBA) is required to award grants to create or enhance programs at these institutions that promote, foster, and increase opportunities for minority business ownership. Additionally, the SBA will establish a Minority Entrepreneurship Advisory Board to develop recommendations for better service to minority businesses and entrepreneurs by these institutions and HBCUs (Historically Black Colleges and Universities). For more information, visit: https://www.congress.gov/bill/118th-congress/senate-bill/1402
