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H.R. 4109 · 116th Congress

To codify the Small Business Administration's Growth Accelerator Fund Competition, and for other purposes.

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

2 cosponsors · 2 D

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill establishes the Growth Accelerator Fund Competition program within the Small Business Administration (SBA).

What it does: CRS summary · Introduced in House · Jul 30, 2019

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: To codify the Small Business Administration's Growth Accelerator Fund Competition, and for other purposes.

Latest action (Jul 30, 2019): Referred to the House Committee on Small Business.

Policy area: Commerce · Origin: House · Introduced: Jul 30, 2019

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.