Entrepreneurship Corps for National Service Act

HR 9880 establishes the Entrepreneurship Corps National Service Program, placing qualified individuals (21+ with at least an associate's degree) as fellows to work with small businesses in distressed areas for two years. The program provides fellows with a salary comparable to federal government employees and offers education grants to help pay off student loans after completing service. Small businesses eligible for the program must be less than five years old, have $200,000+ in annual sales, and be located in distressed areas defined by economic factors including poverty rate, unemployment, and business activity. The program requires annual congressional reports on its effectiveness in supporting economic activity and job creation in distressed communities.