Mr. Speaker, I rise today in strong support of the Veteran Entrepreneurship Training Act of 2023, legislation I was proud to introduce with my colleagues, Chair Roger Williams of Texas; Morgan McGarvey of Kentucky; and Jake Ellzey, also from Texas. This bipartisan bill codifies the existing Boots to Business Program at the Small Business Administration, which provides business training programs for veterans and their families. Innovation and entrepreneurship are critical to a healthy, growing economy. Today, the United States is enjoying a renaissance in entrepreneurial activity. Entrepreneurs not only start new businesses, they bring new ideas and new inventions to life. They create new industries and disrupt existing ones. The companies they build not only create new jobs, but are pillars in our local communities. A recent Forbes article noted that 16 percent of the U.S. workforce are engaged in entrepreneurial pursuits, up almost 30 percent since the start of the pandemic, and 40 percent of those are women. Furthermore, our Nation's economy relies on small business and entrepreneurship. U.S. small businesses generate approximately 44 percent of our total economic activity each year; they employ almost half of all working Americans and produce almost two-thirds of new jobs. So who are these people fueling our economic vitality? A broad review of the business literature describing the traits of successful entrepreneurs show some common themes.…
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