To codify the Small Business Administration's Growth Accelerator Fund Competition, and for other purposes.
Referred to the House Committee on Small Business.
Congressional Research Service
Official summary
Version 00 · Introduced in House · May 25, 2017
This bill amends the Small Business Act to codify provisions establishing the Growth Accelerator Fund Competition program, under which the Small Business Administration (SBA) shall award prizes competitively to covered entities (private entities that are incorporated in and maintain a primary place of business in the United States) that:
assist small business concerns in accessing capital, mentors, and networking opportunities; and
advise small business concerns, including on market analysis, company strategy, revenue growth, and securing funding.
The SBA must 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 mission, and (3) include factors relating to the program's economic impact.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Jan 3, 2025. Consult Congress.gov for the current record.
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