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S 862 103th Congress Senate Commerce Aid to dependent children Black colleges Business education Community colleges Community development Community development corporations Credit unions Curricula Curriculum planning Depressed areas Education Entrepreneurs Federal aid to higher education Federally-guaranteed loans Finance and Financial Sector Hard-core unemployed Public assistance programs Self-employed Small business

Entrepreneurship and Self-Employment Training Act of 1993

Introduced: April 30, 1993 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 30, 1993
Read twice and referred to the Committee on Small Business.
Apr 30, 1993
Sponsor introductory remarks on measure. (CR S5293-5294)
Apr 30, 1993
Introduced in Senate
 Plain-English summary Congressional Research Service

Entrepreneurship and Self-Employment Training Act of 1993 - Directs the Secretary of Labor to award competitive grants to enable community colleges or historically black colleges and universities that serve economically distressed central cities to develop specialized training curricula for entrepreneurship and self-employment for disadvantaged, inner city individuals. Outlines application and curriculum requirements. Authorizes appropriations.

Directs the Secretary to award competitive grants to enable such community colleges and historically black colleges and universities, micro-enterprise programs, and community development corporations to provide the training required for interested inner city individuals. Authorizes appropriations.

Directs the Administrator of the Small Business Administration (SBA) to establish a loan guarantee program under which the Administrator shall guarantee loans of up to $25,000 to eligible individuals by community development corporations, community development loan funds and credit unions, micro-enterprise programs, and community development banks for the purposes stated in this Act. Outlines requirements concerning loan eligibility and the implementation of the loan guarantee program. Authorizes appropriations. Requires assurances that the area served by such loans or grants have an unemployment rate in excess of nine percent.

What's happening now April 30, 1993

Read twice and referred to the Committee on Small Business.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1