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This bill establishes the Entrepreneurship Corps National Service Program within the Small Business Administration to support economic development in distressed areas. The program recruits individuals with associate degrees or higher to serve as two-year fellows assigned to small businesses in economically disadvantaged census tracts, providing them with skilled workers in areas like accounting, finance, and computer science. Fellows receive federal compensation comparable to federal employees, and upon completing their service obligation, are eligible for education grants up to the maximum Pell Grant amount to help repay student loans or cover education expenses.
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