H.R. 4387 · 116th Congress
To establish Growth Accelerator Fund Competition within the Small Business Administration, and for other…
Full title
To establish Growth Accelerator Fund Competition within the Small Business Administration, and for other purposes.
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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 116th Congress ended.
D
EspaillatSponsor4 cosponsors · 1 D, 3 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Sep 18, 2019
- House Passed Oct 21, 2019
This bill provides statutory authority for the Growth Accelerator Fund Competition program within the Small Business Administration (SBA).
What it does: CRS summary · Passed House · Oct 21, 2019
This bill provides statutory authority for 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 establish Growth Accelerator Fund Competition within the Small Business Administration, and for other purposes.
Latest action (Oct 22, 2019): Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Policy area: Commerce · Origin: House · Introduced: Sep 18, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Sep 18, 2019
- House Passed Oct 21, 2019
No recorded floor vote found.