Establishes a Federal Employee-to-Entrepreneur Program in Maryland to support federal employees transitioning to entrepreneurship.
The bill establishes the Federal Employee-to-Entrepreneur Program in the Maryland Department of Commerce. The program aims to assist former or transitioning federal employees in successfully transitioning to entrepreneurship by providing them with training, tools, and mentorship. Each fiscal year, the program will serve four cohorts of individuals, offering sessions on entrepreneurial exploration, business and capital readiness, one-on-one coaching, and training in business planning, compliance, marketing, budgeting, and pitch development.
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