,,ii  #aac? ,,congress  #b;d ,session   
,s4 #bhej  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #ag          
7legislative day1 ,septemb] #af71 #bjad 
,mr4 ,book] introduc$ ! foll[+ bill2 :i*
 0 read twice & ref]r$ to ! ,committee  
on ,small ,bus9ess & ,entrepr5eur%ip  ,a
 ,,bill  ,to am5d ! ,small ,bus9ess ,act
 to create a program to provide fund+ = 
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 ! ,/>tup ,opportunity     
,accel]ator ,act ( #bjad or ! ,,so>     
,act4  #b4  ,fund+ = organizations t    
support />tup bus9esses  ,! ,small      
,bus9ess ,act 7#ae ,u4,s4,c4 #fca et    
seq47 is am5d$-- 7#a7 by r$esignat+     
section #dg 7#ae ,u4,s4,c4 #fca note7 z 
section #dh2 &  7#b7 by ins]t+ aft]     
section #df ! foll[+3  #dg4  ,fund+ =   
organizations t support />tup bus9esses 
7a7  ,def9itions ,9 ?is section-- 7#a7 !

 t]m eligible entity means an           
organization-- 7,a7 t is locat$ 9 !     
,unit$ ,/ates2 &  7,b7 ! prim>y purpose 
( :i* is to support new small bus9ess   
conc]ns2  7#b7 ! t]m new small bus9ess  
conc]n means a small bus9ess conc]n t   
has be5 9 op]ation = n m ?an #e ye>s2 & 
7#c7 ! t]m ,/ate means any ,/ate ( !    
,unit$ ,/ates1 ! ,di/rict ( ,columbia1 !
 ,commonweal? ( ,pu]to ,rico1 & any     
t]ritory or possession ( ! ,unit$       
,/ates4  7b7 ,fund+  7#a7 ,9 g5]al  ,n  
lat] ?an #a ye> aft] ! date ( enactm5t (
 ?is section1 ! ,adm9i/rator %all       
develop & beg9 implem5t+ a program to   
aw>d ca% prizes ( n m ?an #ej1jjj to    
eligible entities to support new small  
bus9ess conc]ns4  7#b7 ,use ( funds ,a  
prize "u ?is section-- 7,a7 may be us$ =
 con/ruction co/s1 space acquisition1 & 
programmatic purposes2 &  7,b7 may n be 
us$ to provide capital or pr(essional   
s]vices to new small bus9ess conc]ns    
directly or ?r\gh ! subaw>d ( funds4    
7c7  ,requirem5t = applicants  ,an      

eligible entity desir+ a prize "u ?is   
section %all demon/rate t ! eligible    
entity w use ! prize to provide         
assi/ance to n less ?an #aj new small   
bus9ess conc]ns p] ye>4  7d7  ,crit]ia  
,! ,adm9i/rator %all e/abli% crit]ia =  
prizes "u ?is section t %all give       
priority to eligible entities t are     
provid+ or plan to provide to new small 
bus9ess conc]ns--  7#a7 (fice1          
manufactur+1 or w>eh\se space1 includ+  
appropriate op]ations infra/ructure2    
7#b7 access to capital 7ei!r directly f 
! eligible entity 7us+ am\nts o!r ?an ! 
am\nts provid$ "u ! prize7 or ?r\gh     
guidance & contacts = acquir+ capital f 
outside inve/ors72  7#c7 access to      
pr(essional s]vices 7ei!r directly f !  
eligible entity 7us+ am\nts o!r ?an !   
am\nts provid$ "u ! prize7 or ?r\gh     
guidance & contacts = acquir+           
pr(essional s]vices71 includ+ acc\nt+ & 
legal s]vices2 or  7#d7 a =mal /ructur$ 
m5tor%ip or developm5tal program t      
assi/s new small bus9ess conc]ns )      

build+ bus9ess skills & compet5cies4    
7e7  ,consid]ations 9 *oos+ recipi5ts   
,9 det]m9+ :e!r to aw>d a prize "u ?is  
section to an eligible entity1 !        
,adm9i/rator %all take into acc\nt--    
7#a7 = eligible entities t h 9 op]ation 
a program to support new small bus9ess  
conc]ns1 ! record ( ! eligible entity 9 
assi/+ new small bus9ess conc]ns1       
includ+1 = ea* ( ! #c full ye>s be=e !  
date on :i* ! eligible entity applies = 
a prize "u ?is section--  7,a7 !        
ret5tion rate ( new small bus9ess       
conc]ns 9 ! program ( ! eligible entity2
  7,b7 ! av]age p]iod ( p>ticipation by 
new small bus9ess conc]ns 9 ! program ( 
! eligible entity2  7,c7 ! total1       
av]age1 & m$ian capital rais$ by new    
small bus9ess conc]ns p>ticipat+ 9 !    
program ( ! eligible entity2 &  7,d7 !  
total1 av]age1 & m$ian numb] ( employees
 ( new small bus9ess conc]ns p>ticipat+ 
9 ! program ( ! eligible entity2  7#b7 =
 all eligible entities-- 7,a7 ! numb] ( 
new small bus9ess conc]ns assi/$ or     

anticipat$ to be assi/$ by ! eligible   
entity2  7,b7 ! numb] ( new small       
bus9ess conc]ns apply+ or anticipat$ to 
apply = assi/ance f ! eligible entity2  
7,c7 :e!r ! program ( ! eligible entity 
provides or w\ld provide assi/ance to   
individuals 9 g5d]1 racial1 or e?nic    
gr\ps und]repres5t$ by exi/+ programs to
 assi/ new small bus9ess conc]ns2 &     
7,d7 o!r metrics det]m9$ appropriate by 
! ,adm9i/rator2  7#c7 ! ne$ 9 !         
geographic area to be s]v$ by ! program 
to be c>ri$ out us+ ! prize = additional
 assi/ance = new small bus9ess conc]ns1 
if ! area has suffici5t population      
d5sity1 z det]m9$ by ! ,adm9i/rator2    
7#d7 ! level ( exp]i5ce ( !             
entrepr5eurial lead]%ip ( ! eligible    
entity2 &  7#e7 ! ability ( ! eligible  
entity to use & lev]age local /r5g?s1   
includ+ human res\rces1 infra/ructure1 &
 educational in/itutions4  7f7  ,mat*+  
nonpublic fund+ requirem5t  7#a7 ,9     
g5]al  ,an eligible entity receiv+ a    
prize "u ?is section %all obta9 funds f 

a private individual or entity 7includ+ 
a = pr(it or nonpr(it entity7 t are--   
7,a7 = ! same purposes z a prize may be 
made "u ?is section2  7,b7 us$ to c>ry  
out ! program ( ! eligible entity c>ri$ 
out us+ ! prize "u ?is section2 &  7,c7 
9 an am\nt t is n to be less ?an #ej    
p]c5t ( ! am\nt ( ! prize "u ?is        
section4  7#b7 ,=m ( non-,f$]al %>e ,n m
 ?an #be p]c5t ( ! funds obta9$ "u      
p>agraph 7#a7 may be 9 ! =m ( 9-k9d     
contributions4  7g7  ,consequ5ces (     
failure ,to abide by t]ms & conditions (
 prize or requirem5ts ( ?is section  ,! 
,adm9i/rator %all notify ea* eligible   
entity receiv+ a prize "u ?is section t 
failure to abide by ! t]ms & conditions 
( ! prize or ! requirem5ts ( ?is section
 may1 9 ! discretion ( ! ,adm9i/rator & 
9 addition to any o!r civil or crim9al  
consequ5ces1 result 9 ! ,adm9i/rator    
ord]+ ! eligible entity to return !     
prize funds4  7h7  ,annual progress     
report+ by recipi5ts ( prize  ,ea*      
eligible entity receiv+ a prize "u ?is  

section %all submit to ! ,adm9i/rator an
 annual report on ! progress ( ! program
 c>ri$ out us+ ! am\nts receiv$ "u !    
prize1 includ+--  7#a7 ! numb] ( new    
small bus9ess conc]ns p>ticipat+ 9 !    
program dur+ ea* ( ! previ\s #c ye>s2   
7#b7 ! numb] ( new small bus9ess conc]ns
 apply+ to p>ticipate 9 ! program dur+  
ea* ( ! previ\s #c ye>s2  7#c7 !        
ret5tion rate ( new small bus9ess       
conc]ns 9 ! program2  7#d7 ! av]age     
p]iod ( p>ticipation 9 ! program by new 
small bus9ess conc]ns2  7#e7 ! total1   
av]age1 & m$ian capital rais$ by new    
small bus9ess conc]ns p>ticipat+ 9 !    
program2  7#f7 ! total1 av]age1 & m$ian 
numb] ( employees ( new small bus9ess   
conc]ns p>ticipat+ 9 ! program2 &  7#g7 
o!r metrics det]m9$ appropriate by !    
,adm9i/rator4  7i7  ,report to congress 
,! ,adm9i/rator %all submit to ,congress
 an annual report on ! program "u ?is   
section1 :i* %all include an assessm5t (
 ! effectiv5ess ( ! program1 includ+ an 
assessm5t bas$ on ! metrics li/$ 9      

subsection 7h74  7j7  ,coord9ation ) o!r
 small bus9ess adm9i/ration programs  ,!
 ,adm9i/rator %all take appropriate     
action to enc\rage eligible entities    
receiv+ a prize "u ?is section to use & 
incorporate o!r programs ( !            
,adm9i/ration1 su* z small bus9ess      
developm5t c5t]s1 small bus9ess inve/m5t
 companies1 loans "u section #g7;a71 &  
assi/ance "u title ,v ( ! ,small        
,bus9ess ,inve/m5t ,act ( #aieh 7#ae    
,u4,s4,c4 #fie et seq474  7k7  ,li/+ on 
website  ,! ,adm9i/rator %all include a 
li/ ( eligible entities receiv+ a prize 
"u ?is section on ! website ( !         
,adm9i/ration4  7l7  ,au?orization (    
appropriation  ,!re are au?oriz$ to be  
appropriat$ to c>ry out ?is section     
#e1jjj1jjj = ea* ( ! fir/ #e fiscal ye>s
 beg9n+ aft] ! date ( ! enactm5t ( ?is  
section4  4