S. 753 · 112th Congress
Early-Stage Business Investment and Incubation Act of 2011
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
GillibrandSponsorNo cosponsors.
Early-Stage Business Investment and Incubation Act of 2011 - Directs the Assistant Secretary of Commerce for Economic Development to establish an early-stage business investment and incubation grant program (program) to support the development of early-stage businesses engaged primarily in the research, development, manufacturing, production, or marketing…
What it does: CRS summary · Introduced in Senate · Apr 6, 2011
Early-Stage Business Investment and Incubation Act of 2011 - Directs the Assistant Secretary of Commerce for Economic Development to establish an early-stage business investment and incubation grant program (program) to support the development of early-stage businesses engaged primarily in the research, development, manufacturing, production, or marketing of specified technologies, aerospace, communications, or transportation. Limits individual grants to $5 million. Requires each grant recipient under the program to: (1) designate an individual as the grant fund manager; (2) establish a grant investment committee; and (3) assign to each assisted business a grant collaborator. Directs the Assistant Secretary to monitor and evaluate program effectiveness.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Early-Stage Business Investment and Incubation Act of 2011
Latest action (Apr 6, 2011): Read twice and referred to the Committee on Commerce, Science, and Transportation.
Policy area: Commerce · Origin: Senate · Introduced: Apr 6, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.