PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Small Business.
Congressional Research Service
Version 00 · Introduced in House · Jun 17, 2014
Emerging Business Encouragement Act of 2014 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA), for each industry category for which the Administrator established a size standard, to establish procedures, by rule, for designating a small business in that industry category as an emerging business enterprise (EBE).
Requires the procedures to include specified criteria and a process for appealing the Administrator's decisions on designations.
Requires the designation to expire when the small business is no longer in compliance with the criteria, except that:
Showing the opening paragraphs of the official summary.
in the case of an EBE which existed as a business entity before its EBE designation, the designation shall not expire until five years after it was made; and
if the EBE exceeds the required size limitation its designation shall expire only if the size is 50% or more of the maximum size of a small business within that industry category.
Directs the Administrator to establish criteria for designation of an EBE, including:
a maximum number of employees determined according to a certain formula,
an age of not more than five years, and
a specified salary limitation for any individual who owns any part of the small business or who is in a management position.
Requires the head of each federal agency to establish goals for participation by the designated EBEs in at least 5% of all contracts, including prime contracts and subcontracts, for each fiscal year.
Authorizes the Administrator to make a loan to a designated EBE under the SBA Express Loan Program, but only in accordance with specified terms.
Requires the Administrator, by rule, to establish a process for initial self-certification of EBEs for purposes of participation in federal contracts and eligibility for the Express Loans.
People & committees
Rep. Carson, André [D-IN-7] · D–IN
Legislative record
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Referred to the House Committee on Small Business.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 12, 2025. Consult Congress.gov for the current record.
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