Linking Educators and Developing Entrepreneurs for Reaching Success Act of 2001
Placed on Senate Legislative Calendar under General Orders. Calendar No. 429.
Congressional Research Service
Official summary
Version 01 · Reported to Senate with amendment(s) · Jun 20, 2002
Linking Educators and Developing Entrepreneurs for Reaching Success Act of 2001 - Authorizes the Secretary of Education to support business incubation at institutions of higher education that award associate or baccalaureate degrees.Directs the Secretary to make competitive, matching awards to: (1) a non-profit entity that manages or provides technical assistance to a degree-granting institution's affiliated incubator (or to the institution that manages in the absence of such an entity), for helping acquire or renovate space for incubators, and for developing curricula, providing services, or providing programming for entrepreneurs housed in an incubator; and (2) a degree-granting institution or a nonprofit local government or community development organization, for feasibility studies to determine the need for or siting of incubators. Requires the Secretary to reserve certain amounts for research regarding best practices for incubator programs, including the development of a benchmarking system based on uniform measures, and for dissemination of information regarding such practices. Authorizes contracts for such purposes with organizations with expertise in business incubation practices.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 429.
Committee on Health, Education, Labor, and Pensions. Reported by Senator Kennedy with an amendment in the nature of a substitute. Without written report.
Committee on Health, Education, Labor, and Pensions. Reported by Senator Kennedy with an amendment in the nature of a substitute. Without written report.
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Sponsor introductory remarks on measure. (CR 8/3/2001 S8756)
Introduced in Senate
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Source last updated: Apr 21, 2025. Consult Congress.gov for the current record.
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