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Senators press SBA on proposed cuts to veteran and entrepreneurial development services
Summary
Senators raised alarm over proposed budget reductions for entrepreneurial development programs and questioned whether SBDCs and remaining resource partners can absorb services formerly delivered by Veterans Business Outreach Centers and others.
Senator Rosen and others pressed Administrator Loeffler on budget proposals that committee members said would reduce funding for SBA entrepreneurial development and veteran services. Rosen said the president’s budget proposed a $167,000,000 reduction to entrepreneurial development funding and warned that cuts could close resource centers that help veterans and other entrepreneurs.
Administrator Loeffler said the agency would not eliminate Veterans Business…
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