,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #djei  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #ad1 #bjad   
,mr4 ,s*neid] introduc$ ! foll[+ bill2  
:i* 0 ref]r$ to ! ,committee on ,small  
,bus9ess  ,a ,,bill  ,to am5d ! ,small  
,bus9ess ,act to create a grant program 
= gov]nm5tal & o!r nonpr(it             
organizations t support />tup bus9esses 
9 =mation & e>ly gr[? /ages by provid+  
entrepr5eurs ) res\rces & s]vices to    
produce viable bus9esses1 & = o!r       
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,accel]ate ,our ,/>tups    
,act ( #bjad4  #b4 ,grants =            
organizations t support />tup bus9esses 
,add at ! end ( ! ,small ,bus9ess ,act  
7#ae ,u4,s4,c4 #fca et seq47 ! foll[+3  
#dh4 ,grants = nonpr(it organizations t 
support />tup bus9esses  7a7 ,grants ,! 
,adm9i/rator %all develop & implem5t1   
beg9n+ n lat] ?an "o ye> aft] ! date ( !
 enactm5t ( ?is section1 a grant program
 "u ?is section = ,/ate & local         
gov]nm5tal & o!r nonpr(it organizations 

t are locat$ 9 ! ,unit$ ,/ates & support
 />tup bus9esses 9 ! ,unit$ ,/ates to   
provide ^? organizations assi/ance to   
use = con/ruction co/s1 space           
acquisition1 & programmatic purposes4   
7b7 ,requirem5t = recipi5ts ,a recipi5t 
( a grant "u ?is section mu/ demon/rate 
to ! satisfaction ( ! ,adm9i/rator t x w
 use ! grant to provide assi/ance to at 
lea/ #e cli5t bus9esses p] ye> t h be5 9
 bus9ess = less ?an #e ye>s4  7c7       
,crit]ia = grants ,! ,adm9i/rator %all  
e/abli% crit]ia = grants "u ?is section 
favor+ recipi5ts t provide />tups !     
foll[+3  7#a7 ,(fice1 manufactur+1 or   
w>eh\se space1 includ+ appropriate      
op]ations infra/ructure4  7#b7 ,access  
to capital 7ei!r directly f !           
organization or ?\gh guidance & contacts
 = acquir+ capital f outside inve/ors71 
except t su* capital may n be made      
available f ! grant funds 7includ+ by   
mak+ subgrants74  7#c7 ,access to       
pr(essional s]vices 7ei!r directly f !  
organization or guidance & contacts =   

acquir+ ^? s]vices7 includ+ acc\nt+ &   
legal s]vices1 except t litigation      
exp5ses may n be made available f !     
grant funds4  7#d7 ,a =mal /ructur$     
m5tor%ip or developm5tal program t      
assi/s />tups ) build+ bus9ess skills & 
compet5cies4  7d7 ,consid]ations ,to be 
appli$ 9 *oos+ recipi5ts ,9 det]m9+ :e!r
 or n to make a grant "u ?is section to 
an organization1 ! ,adm9i/rator %all    
take into acc\nt ! foll[+3  7#a7 ,if !  
organization is an exi/+ organization1 !
 previ\s record ( t organization1 z     
measur$ by--  7,a7 ! numb] ( p>ticipat+ 
cli5t bus9esses ea* ( ! previ\s #c ye>s1
 if applicable2  7,b7 ! numb] (         
bus9esses apply+ ea* ( ! previ\s #c     
ye>s1 if applicable2  7,c7 ! ret5tion   
rate ( cli5t bus9esses2  7,d7 ! av]age  
duration ( cli5t bus9ess p>ticipation 9 
program2 total1 av]age1 & m$ian capital 
rais$ by p>ticipation cli5t bus9esses2  
7,e7 ! total1 av]age1 & m$ian numb] (   
employees ( p>ticipat+ cli5t bus9esses2 
&  7,f7 o!r metrics deem$ appropriate by

 ! ,adm9i/rator4  7#b7 ,promot+ gr[? 9  
und]s]vic$ geographic areas ) suffici5t 
population d5sity4  7#c7 ,h[ exp]i5c$ ! 
entrepr5eurial lead]%ip ( ! organization
 is4  7#d7 ,! ability ( ! organization  
to utilize & lev]age local /r5g?s1      
includ+ human res\rces1 infra/ructure1  
or educational in/itutions4  7e7        
,requirem5t ( fee paid by p>ticipat+    
/>tups ,ea* recipi5t ( a grant "u ?is   
section %all require ea* p>ticipat+     
cli5t bus9ess 9 ! program assi/$ "u ?is 
section to pay1 at m9imum1 a entry fee =
 p>ticipation 9 ! program4  7f7 ,mat*+  
public fund+ requirem5t ,! ,small       
,bus9ess ,adm9i/ration %all require z   
condition ( grant "u ?is section1 t !   
recipi5t obta9 a grant f a local or     
,/ate gov]nm5t = ! same purposes z a    
grant may be made "u ?is section1 to    
c>ry out ! program ( ! recipi5t assi/$  
"u ?is section4 ,! am\nt ( t grant f a  
local or ,/ate gov]nm5t may n be less   
?an #a_/b ! am\nt receiv$ by t recipi5t 
"u ?is section4  7g7 ,mat*+ nonpublic   

fund+ requirem5t ,! ,small ,bus9ess     
,adm9i/ration %all require z condition (
 grant "u ?is section1 t ! recipi5t     
obta9 nonpublic 7def9$ z private or     
nonpr(it7 fund+ = ! same purposes z a   
grant may be made "u ?is section1 to    
c>ry out ! program ( ! recipi5t assi/$  
"u ?is section4 ,! am\nt ( t fund+ f a  
nonpublic s\rce may n be less ?an #a_/b 
! am\nt receiv$ by t recipi5t "u ?is    
section4  7h7 ,consequ5ces ( failure ,to
 abide by t]ms & conditions ( grant or  
requirem5ts ( ?is section ,ea* recipi5t 
%all be notifi$ t failure to abide by ! 
t]ms & conditions ( ! grant or !        
requirem5ts ( ?is section may1 9 !      
discretion ( ! ,adm9i/rator & 9 addition
 to any o!r civil or crim9al            
consequ5ces1 result 9 recapture by !    
,adm9i/ration ( ! grant funds4  7i7     
,annual progress report+ by recipi5ts ( 
grants ,ea* recipi5t ( a grant "u ?is   
section %all annually report to !       
,adm9i/rator on ! progress ( ! program  
assi/$ "u ?is section1 includ+--  7#a7 !

 numb] ( p>ticipat+ cli5t bus9esses ea* 
( ! previ\s #c ye>s1 if applicable2     
7#b7 ! numb] ( bus9esses apply+ ea* ( ! 
previ\s #c ye>s1 if applicable2  7#c7 ! 
ret5tion rate ( cli5t bus9esses2  7#d7 !
 av]age duration ( cli5t bus9ess        
p>ticipation 9 program2  7#e7 ! total1  
av]age1 & m$ian capital rais$ by        
p>ticipation cli5t bus9esses2  7#f7 !   
total1 av]age1 & m$ian numb] ( employees
 ( p>ticipat+ cli5t bus9esses2 &  7#g7  
o!r metrics deem$ appropriate by !      
,adm9i/rator4  7j7 ,report to congress  
,! ,adm9i/rator %all report annually to 
,congress ! ,adm9i/rator's assessm5t ( !
 effectiv5ess ( ! grant program "u ?is  
section includ+ ! metrics li/$ 9        
subsection 7i74  7k7 ,coord9ation ) o!r 
small bus9ess adm9i/ration programs ,!  
,adm9i/rator %all take appropriate      
action to enc\rage grantees "u ?is      
section to utilize & incorporate ,small 
,bus9ess ,adm9i/ration programs1 su* z  
,small ,bus9ess ,developm5t ,c5t]s2     
,small ,bus9ess ,inve/m5t ,companies1   

section #g7;a7 loans1 & section #ejd    
loans4  7l7 ,li/+ on website ,!         
,adm9i/rator %all include a li/ (       
recipi5ts ( ! grants "u ?is section on !
 ,small ,bus9ess ,adm9i/ration website4 
7m7 ,def9ition ,9 ?is section1 ! t]m    
,/ate includes ! ,di/rict ( ,columbia1 !
 ,commonweal? ( ,pu]to ,rico1 & any o!r 
t]ritory or possession ( ! ,unit$       
,/ates4  7n7 ,au?orization (            
appropriation ,!re are au?oriz$ to be   
appropriat$ to c>ry out ?is section     
#e1jjj1jjj = ea* fiscal ye> beg9n+ ) !  
fir/ fiscal ye> t beg9s aft] ! date ( ! 
enactm5t ( ?is ,act & ea* ( ! succe$+ #d
 fiscal ye>s4  4