S. 2619 · 114th Congress
Startup Entrepreneur Empowerment Delivery Act of 2016
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
HeitkampSponsor1 cosponsor · 1 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill directs the Department of Commerce to carry out a one-year pilot program to assess the feasibility and advisability of awarding financial assistance of up to $120,000, on a competitive basis, to up to 10 local governments to support the development of startup businesses.
What it does: CRS summary · Introduced in Senate · Mar 2, 2016
Startup Entrepreneur Empowerment Delivery Act of 2016
This bill directs the Department of Commerce to carry out a one-year pilot program to assess the feasibility and advisability of awarding financial assistance of up to $120,000, on a competitive basis, to up to 10 local governments to support the development of startup businesses.
Such a local government must represent a population of 200,000 or less and be eligible to participate in the Experimental Program to Stimulate Competitive Research ("EPSCoR") of the National Science Foundation.
An eligible startup business must be under the local government's jurisdiction, have fewer than five full-time employees, and intend to produce a technology or product that may result in intellectual property vesting in an entity of the United States that can commercialize the technology in a timely manner.
Each local government receiving a grant shall ensure that the financial assistance it gives to a startup is used to assist with direct costs related to successfully growing a business.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Startup Entrepreneur Empowerment Delivery Act of 2016
Latest action (Mar 2, 2016): Read twice and referred to the Committee on Commerce, Science, and Transportation. (Sponsor introductory remarks on measure: CR S1224)
Policy area: Commerce · Origin: Senate · Introduced: Mar 2, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.