HR 4109
116th Congress
House
Commerce
Business education
Economic performance and conditions
Minority and disadvantaged businesses
Performance measurement
Small business
Veterans' education, employment, rehabilitation
Women in business
To codify the Small Business Administration's Growth Accelerator Fund Competition, and for other purposes.
Introduced: July 30, 2019
Introduced by:
Espaillat, Adriano
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 30, 2019
Referred to the House Committee on Small Business.
Jul 30, 2019
Introduced in House
Plain-English summary
This bill establishes the Growth Accelerator Fund Competition program within the Small Business Administration (SBA).
Specifically, the bill requires the SBA, prioritizing small business concerns in underserved communities, to award prizes on a competitive basis to U.S. private entities that (1) assist small business concerns in accessing capital, mentors, and networking opportunities; and (2) advise small business concerns on topics such as market analysis, company strategy, revenue growth, and securing funding.
The SBA must also develop metrics to evaluate the the program's effectiveness and benefits to the people of the United States that (1) are science-based and statistically driven, (2) reflect the SBA's mission, and (3) include factors relating to the program's economic impact.
What's happening now
Referred to the House Committee on Small Business.
Committees of jurisdiction
1