The bill, S. 1087, is a Senate resolution recognizing and celebrating multicultural entrepreneurship in South Carolina. It highlights the state's commitment to diversity and acknowledges the significant contributions of individuals from various cultural backgrounds to the economy and community. The resolution outlines South Carolina's rich history of entrepreneurship, noting the state's high percentage of Black-owned businesses, the economic impact of Native American, Asian American, Pacific Islander, and Hispanic-owned businesses, and the foundational role of European American entrepreneurs.

The resolution emphasizes the importance of promoting equal opportunity and business education for all races and cultural backgrounds through initiatives led by the Multicultural Business Alliance (MCBA). It encourages citizens to observe a designated day with programs and activities that honor multicultural entrepreneurship and foster collaboration across cultures, ultimately aiming to strengthen South Carolina's economy and communities. A copy of the resolution will be presented to the Mota Crosslinking Business Academy.