#aae? ,,congress  #b;d ,session  ,h4 ,r4
 #afhj  ,,an ,,act  ,to am5d ! ,small   
,bus9ess ,act to improve ! wom5's       
bus9ess c5t] program1 & = o!r purposes4 
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,wom5's ,bus9ess ,c5t]s ,improvem5ts  
,act ( #bjah4  #b4 ,am5dm5ts to wom5's  
bus9ess c5t] program ,section #bi ( !   
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fef7 is am5d$ to read z foll[s3  #bi4  
,wom5's bus9ess c5t] program  7a7       
,def9itions ,9 ?is section3 7#a7        
,assi/ant ,adm9i/rator ,! t]m ,assi/ant 
,adm9i/rator means ! ,assi/ant          
,adm9i/rator ( ! ,(fice ( ,wom5's       
,bus9ess ,own]%ip e/abli%$ "u subsection
 7l74  7#b7 ,eligible entity ,! t]m     
eligible entity means-- 7,a7 an         
organization describ$ 9 section #eja7;c7
 ( ! ,int]nal ,rev5ue ,code ( #aihf &   
exempt f taxation "u section #eja7;a7 ( 
su* ,code2  7,b7 a ,/ate1 regional1 or  
local economic developm5t organization1 
s long z ! organization c]tifies t grant
 funds receiv$ "u ?is section w n be    

co-m+l$ ) o!r funds2  7,c7 an in/itution
 ( high] education 7z def9$ 9 section   
#aja ( ! ,high] ,education ,act ( #aife 
7#bj ,u4,s4,c4 #ajja771 unless su*      
in/itution is curr5tly receiv+ a grant  
"u section #ba2  7,d7 a developm5t1     
cr$it1 or f9ance corporation *>t]$ by a 
,/ate1 s long z ! corporation c]tifies t
 grant funds receiv$ "u ?is section w n 
be com+l$ ) o!r funds2 or  7,e7 any     
comb9ation ( entities li/$ 9            
subp>agraphs 7,a7 ?r\gh 7,d74  7#c7     
,small bus9ess conc]n own$ & controll$  
by wom5 ,! t]m small bus9ess conc]n own$
 & controll$ by wom5 has ! mean+ giv5 "u
 section #c7n74  7#d7 ,wom5's bus9ess   
c5t] ,! t]m wom5's bus9ess c5t] means ! 
location at :i* c\nsel+ & tra9+ on !    
managem5t1 op]ations 7includ+           
manufactur+1 s]vices1 & retail71 access 
to capital1 int]national trade1         
,gov]nm5t procurem5t opportunities1 &   
any o!r matt] t is ne$$ to />t1 ma9ta91 
or exp& a small bus9ess conc]n own$ &   
controll$ by wom54  7b7 ,au?ority  7#a7 

,e/abli%m5t ,!re is e/abli%$ a ,wom5's  
,bus9ess ,c5t] ,program "u :i* !        
,adm9i/rator may provide a grant to any 
eligible entity to op]ate "o or m wom5's
 bus9ess c5t]s = ! b5efit ( small       
bus9ess conc]ns own$ & controll$ by     
wom54  7#b7 ,use ( funds ,! wom5's      
bus9ess c5t]s %all be design$ to provide
 c\nsel+ & tra9+ t meets ! ne$s ( !     
small bus9ess conc]ns own$ & controll$  
by wom51 especially socially or         
economically disadvantag$ wom51 & %all  
provide--  7,a7 f9ancial assi/ance1     
includ+ tra9+ & c\nsel+ 9 h[ to apply = 
& secure bus9ess cr$it & inve/m5t       
capital1 prep>+ & pres5t+ f9ancial      
/atem5ts1 & manag+ ca% fl[ & o!r        
f9ancial op]ations ( a small bus9ess    
conc]n2  7,b7 managem5t assi/ance1      
includ+ tra9+ & c\nsel+ 9 h[ to plan1   
organize1 /aff1 direct1 & control ea*   
major activity & function ( a small     
bus9ess conc]n2 &  7,c7 m>ket+          
assi/ance1 includ+ tra9+ & c\nsel+ 9    
id5tify+ & segm5t+ dome/ic &            

int]national m>ket opportunities1 prep>+
 & execut+ m>ket+ plans1 develop+ pric+ 
/rategies1 locat+ contract              
opportunities1 negotiat+ contracts1 &   
utiliz+ v>y+ public relations & adv]tis+
 te*niques4  7#c7 ,types ( grants  7,a7 
,initial grant ,! am\nt ( an initial    
grant provid$ "u ?is subsection to an   
eligible entity %all be n m ?an #ahe1jjj
 7z su* am\nt is annually adju/$ by !   
,adm9i/rator to reflect ! *ange 9       
inflation74  7,b7 ,additional grants    
7i7 ,9 g5]al ,) respect to an eligible  
entity t has receiv$ a grant1 !         
,adm9i/rator may aw>d an additional     
grant ( up to #fe1jjj1 to be disp]s$    
aft] ! expiration ( ! t]m ( ! initial   
grant "u ?is subsection if !            
,adm9i/rator det]m9es t ! eligible      
entity-- 7,i7 has agre$ to obta91 aft]  
its application has be5 approv$ & notice
 ( aw>d has be5 issu$1 ca% contributions
 f non-,f$]al s\rces ( #a non-,f$]al    
doll> = ea* ,f$]al doll>2  7,,ii7 is 9  
good /&+ ) ! ,wom5's ,bus9ess ,c5t]     

,program2 &  7,,iii7 has met p]=mance   
goals = grant t]m ( ! initial grant1 if 
applicable4  7ii7 ,limitations ,!       
,adm9i/rator may only aw>d additional   
grants "u clause 7i7-- 7,i7 dur+ ! #crd 
& #d? qu>t]s ( ! grant t]m ( ! initial  
grant2 &  7,,ii7 f unobligat$ am\nts    
made available to ! ,adm9i/rator to c>ry
 out ?is section4  7,c7 ,cont9uation    
grants ,! ,adm9i/rator may aw>d a       
cont9uation grant ( up to #aej1jjj to an
 eligible entity t receiv$ an initial   
grant "u subp>agraph 7,a74 ,!re %all be 
no limitation on ! numb] ( cont9uation  
grants an eligible entity may receive "u
 ?is section4  7c7 ,application  7#a7   
,initial grants & cont9uation grants ,to
 receive an initial grant or cont9uation
 grant "u ?is section1 an eligible      
entity %all submit an application to !  
,adm9i/rator 9 su* =m1 9 su* mann]1 &   
conta9+ su* in=mation z ! ,adm9i/rator  
may require1 includ+-- 7,a7 a           
c]tification t ! eligible entity--  7i7 
has designat$ an executive director or  

program manag]1 :o may be comp5sat$ us+ 
grant funds aw>d$ "u ?is section or o!r 
s\rces1 to manage ! wom5's bus9ess c5t] 
= :i* a grant "u subsection 7b7 is      
s\ght2 &  7ii7 meets ! acc\nt+ & report+
 requirem5ts e/abli%$ "u guidance issu$ 
by ! ,director ( ! ,(fice ( ,managem5t &
 ,budget = ! eligible entity2  7,b7     
in=mation demon/rat+ ! exp]i5ce &       
effectiv5ess ( ! eligible entity 9-- 7i7
 provide c\nsel+ & tra9+ describ$ "u    
subsection 7b77#b72  7ii7 provid+ tra9+ 
& s]vices to a repres5tative numb] (    
wom5 :o are socially or economically    
disadvantag$2 &  7iii7 work+ ) res\rce  
p>tn]s ( ! ,adm9i/ration & o!r entities2
 &  7,c7 a #e-ye> plan t-- 7i7 includes 
in=mation relat+ to ! assi/ance to be   
provid$ by ! wom5's bus9ess c5t] 9 !    
area 9 :i* ! wom5's bus9ess c5t] is     
locat$2  7ii7 describes ! ability ( !   
eligible entity to meet ! ne$s ( ! m>ket
 to be s]v$ by ! wom5's bus9ess c5t]1   
includ+ ! ability to fundraise to obta9 
! mat*+ funds requir$ "u subsection 7e72

 &  7iii7 describes ! ability ( !       
eligible entity to provide c\nsel+ &    
tra9+ describ$ "u subsection 7b77#b71   
includ+ to a repres5tative numb] ( wom5 
:o are socially or economically         
disadvantag$4  7#b7 ,record ret5tion    
7,a7 ,9 g5]al ,! ,adm9i/rator %all      
ma9ta9 a copy ( ea* application submitt$
 "u ?is subsection = n less ?an #e ye>s4
  7,b7 ,pap]work r$uction ,!            
,adm9i/rator %all take /eps to r$uce1 to
 ! maximum ext5t practicable1 ! pap]work
 burd5 associat$ ) c>ry+ out subp>agraph
 7,a74  7d7 ,selection ( eligible       
entities  7#a7 ,9 g5]al ,9 select+      
recipi5ts ( initial grants1 !           
,adm9i/rator %all consid]-- 7,a7 !      
exp]i5ce ( ! applicant 9 provid+        
entrepr5eurial tra9+2  7,b7 ! am\nt ( "t
 ne$$ = ! applicant to comm5ce op]ation 
( a wom5's bus9ess c5t]2  7,c7 !        
capacity ( ! applicant to meet !        
accr$itation /&>ds e/abli%$ "u          
subsection 7l77#d7 9 a timely mann]2    
7,d7 ! ability ( ! applicant to su/a9   

op]ations1 includ+ its ability to obta9 
suffici5t non-,f$]al funds1 = a #e-ye>  
p]iod2  7,e7 ! propos$ location ( a     
wom5's bus9ess c5t] to be op]at$ by !   
applicant eligible entity & its         
proximity to ,vet]an ,bus9ess ,outrea*  
,c5t]s & to recipi5ts ( grants "u       
section #h7;b77#a7 or #ba2 &  7,f7 !    
population d5sity ( ! area to be s]v$ by
 ! wom5's bus9ess c5t] op]at$ by !      
applicant eligible entity4  7#b7        
,selection crit]ia  7,a7 ,rulemak+ ,!   
,adm9i/rator %all issue regulations to  
specify ! crit]ia = review & selection (
 applicants "u ?is subsection4  7,b7    
,modifications prohibit$ aft] ann\ncem5t
 ,) respect to a public ann\ncem5t ( any
 opportunity to be aw>d$ a grant "u ?is 
section made by ! ,adm9i/rator pursuant 
to subsection 7j77#a71 ! ,adm9i/rator   
may n modify regulations issu$ pursuant 
to subp>agraph 7,a7 ) respect to su*    
opportunity unless requir$ to d s by an 
,act ( ,congress or an ord] ( a ,f$]al  
c\rt4  7,c7 ,rule ( con/ruction ,no?+ 9 

?is clause may be con/ru$ z prohibit+ ! 
,adm9i/rator f modify+ ! regulations    
issu$ pursuant to subp>agraph 7,a7 7aft]
 provid+ an opportunity = notice &      
comm5t7 z su* regulations apply to an   
opportunity to be aw>d$ a grant "u ?is  
section t ! ,adm9i/rator has n yet      
publicly ann\nc$ pursuant to subsection 
7j77#a74  7e7 ,mat*+ requirem5ts  7#a7  
,9 g5]al ,subject to p>agraph 7#e71 ^u  
approval ( an application submitt$ "u   
subsection 7c71 ! eligible entity %all  
agree to obta9 contributions f          
non-,f$]al s\rces-- 7,a7 9 ! fir/ &     
second ye> ( ! t]m ( an initial grant1  
if applicable1 #a non-,f$]al doll> = ea*
 #b ,f$]al doll>s2 &  7,b7 9 ea* ye> ( !
 t]m ( an initial grant1 if applicable1 
#a non-,f$]al doll> = ea* ,f$]al doll>4 
7#b7 ,=m ( mat*+ funds ,n m ?an "o-half 
( non-,f$]al mat*+ funds describ$ "u    
p>agraph 7#a7 may be 9 ! =m ( 9-k9d     
contributions t are budget l9e items    
only1 includ+ (fice equipm5t & (fice    
space4  7#c7 ,disbursem5t ( funds ,!    

,adm9i/rator may disburse an am\nt n    
great] ?an #be p]c5t ( ! total am\nt ( a
 grant aw>d$ to an eligible entity be=e 
su* eligible entity obta9s ! non-,f$]al 
mat*+ funds describ$ "u p>agraph 7#a74  
7#d7 ,failure to obta9 mat*+ funds ,if  
an eligible entity fails to obta9 !     
requir$ mat*+ funds describ$ "u p>agraph
 7#a71 ! eligible entity may n be       
eligible to receive advance disbursem5ts
 pursuant to p>agraph 7#c7 dur+ !       
rema9d] ( ! t]m1 if applicable1 ( a     
grant aw>d$ "u ?is section4 ,be=e       
approv+ su* eligible entity = an        
additional grant or cont9uation grant "u
 ?is section1 ! ,adm9i/rator %all make a
 writt5 det]m9ation1 includ+ ! reasons =
 su* det]m9ation1 ( :e!r ! ,adm9i/rator 
believes t ! eligible entity w be able  
to obta9 ! requisite fund+ "u p>agraph  
7#a7 = su* additional grant or          
cont9uation grant4  7#e7 ,waiv] (       
non-,f$]al %>e  7,a7 ,9 g5]al ,^u reque/
 by an eligible entity1 & 9 accordance )
 ?is p>agraph1 ! ,adm9i/rator may waive1

 9 :ole or 9 "p1 ! requirem5t to obta9  
non-,f$]al mat*+ funds = a grant aw>d$  
"u ?is section = ! eligible entity = a  
fiscal ye>4 ,! ,adm9i/rator may n issue 
su* a waiv] = m ?an a total ( #b        
consecutive fiscal ye>s4  7,b7          
,consid]ations ,9 det]m9+ :e!r to issue 
a waiv] "u ?is p>agraph1 ! ,adm9i/rator 
%all consid]--  7i7 ! economic          
conditions affect+ ! eligible entity2   
7ii7 ! impact ! waiv] w\ld h on !       
cr$ibility ( ! ,wom5's ,bus9ess ,c5t]   
,program "u ?is section2  7iii7 !       
demon/rat$ ability ( ! eligible entity  
to raise non-,f$]al funds2 &  7iv7 !    
p]=mance ( ! eligible entity "u !       
initial grant4  7,c7 ,limitation ,!     
,adm9i/rator may n issue a waiv] "u ?is 
p>agraph if grant+ ! waiv] w\ld und]m9e 
! cr$ibility ( ! ,wom5's ,bus9ess ,c5t] 
,program4  7#f7 ,excess non-,f$]al      
doll>s ,! am\nt ( non-,f$]al doll>s     
obta9$ by an eligible entity t is above 
! am\nt t is requir$ to be obta9$ by !  
eligible entity "u ?is subsection %all n

 be subject to ! requirem5ts ( "p #bjj (
 title #b1 ,code ( ,f$]al ,regulations1 
or any successor !reto1 if su* am\nt (  
non-,f$]al doll>s--  7,a7 is n us$ z    
mat*+ funds = purposes ( implem5t+ !    
,wom5's ,bus9ess ,c5t] ,program2 &  7,b7
 0 n obta9$ us+ funds f ! ,wom5's       
,bus9ess ,c5t] ,program4  7f7 ,o!r      
requirem5ts  7#a7 ,sep>ation ( funds ,an
 eligible entity %all-- 7,a7 op]ate a   
wom5's bus9ess c5t] "u ?is section      
sep>ately f o!r projects1 if any1 ( !   
eligible entity2 &  7,b7 sep>ately      
ma9ta9 & acc\nt = any grants receiv$ "u 
?is section4  7#b7 ,exam9ation (        
eligible entities  7,a7 ,requir$ site   
visit ,be=e receiv+ an initial grant "u 
?is section1 ea* applicant %all h a site
 visit by an employee ( ! ,adm9i/ration1
 9 ord] to ensure t ! applicant has     
suffici5t res\rces to provide ! s]vices 
= :i* ! grant is be+ provid$4  7,b7     
,annual review ,an employee ( !         
,adm9i/ration %all-- 7i7 conduct an     
annual review ( ! compliance ( ea*      

eligible entity receiv+ an initial grant
 "u ?is section ) ! grant agreem5t1     
includ+ a f9ancial exam9ation2 &  7ii7  
provide su* review to ! eligible entity 
z requir$ "u subsection 7j77#c74  7#c7  
,rem$iation ( problems  7,a7 ,plan (    
action ,if a review ( an eligible entity
 "u p>agraph 7#b77;,b7 id5tifies any    
problems1 ! eligible entity %all1 )9 #de
 cal5d> days ( receiv+ a copy ( su*     
review1 provide ! ,assi/ant ,adm9i/rator
 ) a plan ( action1 includ+ specific    
mile/ones1 = correct+ su* problems4     
7,b7 ,plan ( action review by !         
,assi/ant ,adm9i/rator ,! ,assi/ant     
,adm9i/rator %all review ea* plan (     
action submitt$ "u subp>agraph 7,a7 )9  
#cj cal5d> days ( receiv+ su* plan4 ,if 
! ,assi/ant ,adm9i/rator det]m9es t su* 
plan-- 7i7 w br+ ! eligible entity into 
compliance ) all ! t]ms ( ! grant       
agreem5t1 ! ,assi/ant ,adm9i/rator %all 
approve su* plan2 or  7ii7 is inadequate
 to rem$y ! problems id5tifi$ 9 ! annual
 review to :i* ! plan ( action relates1 

! ,assi/ant ,adm9i/rator %all set =? su*
 reasons 9 writ+ & provide su*          
det]m9ation to ! eligible entity )9 #ae 
cal5d> days ( su* det]m9ation4  7,c7    
,am5dm5t to plan ( action ,an eligible  
entity receiv+ a det]m9ation "u         
subp>agraph 7,b77ii7 %all h #cj cal5d>  
days f ! receipt ( ! det]m9ation to am5d
 ! plan ( action to satisfy ! problems  
id5tifi$ by ! ,assi/ant ,adm9i/rator &  
resubmit su* plan to ! ,assi/ant        
,adm9i/rator4  7,d7 ,am5d$ plan review  
by ! ,assi/ant ,adm9i/rator ,)9 #ae     
cal5d> days ( ! receipt ( an am5d$ plan 
( action "u subp>agraph 7,c71 !         
,assi/ant ,adm9i/rator %all ei!r approve
 or reject su* plan & provide su*       
approval or rejection 9 writ+ to !      
eligible entity4  7,e7 ,appeal (        
,assi/ant ,adm9i/rator det]m9ation  7i7 
,9 g5]al ,if ! ,assi/ant ,adm9i/rator   
rejects an am5d$ plan "u subp>agraph    
7,d71 ! eligible entity %all h !        
opportunity to appeal su* decision to ! 
,adm9i/rator1 :o may delegate su* appeal

 to an appropriate (fic] ( !            
,adm9i/ration4  7ii7 ,opportunity =     
explanation ,any appeal describ$ "u     
clause 7i7 %all provide an opportunity =
 ! eligible entity to provide1 9 writ+1 
an explanation ( :y ! eligible entity's 
am5d$ plan rem$ies ! problems id5tifi$ 9
 ! annual review conduct$ "u p>agraph   
7#b77;,b74  7iii7 ,notice ( det]m9ation 
,! ,adm9i/rator %all provide to !       
eligible entity a det]m9ation ( !       
appeal1 9 writ+1 n lat] ?an #ae cal5d>  
days aft] ! eligible entity files an    
appeal "u ?is subp>agraph4  7iv7 ,effect
 ( failure to act ,if ! ,adm9i/rator    
fails to act on an appeal made "u ?is   
subp>agraph )9 ! #ae-;day p]iod specifi$
 "u clause 7iii71 ! eligible entity's   
am5d$ plan ( action submitt$ "u         
subp>agraph 7,c7 %all be deem$ to be    
approv$4  7#d7 ,t]m9ation ( ,grant  7,a7
 ,9 g5]al ,! ,adm9i/rator %all t]m9ate a
 grant to an eligible entity "u ?is     
section if ! eligible entity fails to   
comply )--  7i7 a plan ( action approv$ 

by ! ,assi/ant ,adm9i/rator "u p>agraph 
7#c77;,b77i72 or  7ii7 an am5d$ plan (  
action approv$ by ! ,assi/ant           
,adm9i/rator "u p>agraph 7#c77;,d7 or   
approv$ on appeal "u p>agraph 7#c77;,e74
  7,b7 ,appeal ( t]m9ation ,an eligible 
entity %all h ! opportunity to *all5ge !
 t]m9ation ( a grant "u subp>agraph 7,a7
 on ! record & aft] an opportunity = a  
he>+4  7,c7 ,f9al ag5cy action ,a       
det]m9ation made pursuant to subp>agraph
 7,b7 %all be consid]$ f9al ag5cy action
 = ! purposes ( *apt] #g ( title #e1    
,unit$ ,/ates ,code4  7#e7 ,solicitation
 ,not)/&+ any o!r provision ( law1 an   
eligible entity may-- 7,a7 solicit ca% &
 9-k9d contributions f private          
individuals & entities to be us$ to     
op]ate a wom5's bus9ess c5t]2 &  7,b7   
use am\nts made available by !          
,adm9i/rator "u ?is section = ! co/ (   
su* solicitation & managem5t ( !        
contributions receiv$4  7#f7 ,notice &  
comm5t requir$ ,! ,adm9i/rator may only 
make a *ange to ! /&>ds by :i* an       

eligible entity obta9s or ma9ta9s grants
 "u ?is section1 ! /&>ds = accr$itation1
 or any o!r requirem5t = ! op]ation ( a 
wom5's bus9ess c5t] if ! ,adm9i/rator   
fir/ provides notice & ! opportunity =  
public comm5t1 z set =? 9 section       
#eec7;b7 ( title #e1 ,unit$ ,/ates      
,code1 )\t reg>d to any exceptions      
provid$ = "u su* section4  7g7 ,program 
,exam9ation  7#a7 ,9 g5]al ,!           
,adm9i/ration %all-- 7,a7 develop &     
implem5t an annual programmatic &       
f9ancial exam9ation ( ea* eligible      
entity1 "u :i* ea* su* eligible entity  
%all provide to ! ,adm9i/ration--  7i7  
an itemiz$ co/ breakd[n ( actual        
exp5ditures = co/s incurr$ dur+ ! prec$+
 ye>2 &  7ii7 docum5tation reg>d+ !     
am\nt ( mat*+ assi/ance f non-,f$]al    
s\rces obta9$ & exp5d$ by ! eligible    
entity dur+ ! prec$+ ye> 9 ord] to meet 
! requirem5ts ( subsection 7e7 &1 )     
respect to any 9-k9d contributions      
describ$ 9 subsection 7e77#b7 t 7 us$ to
 satisfy ! requirem5ts ( subsection 7e71

 v]ification ( ! exi/5ce & valuation (  
^? contributions2 &  7,b7 analyze !     
results ( ea* su* exam9ation &1 bas$ on 
t analysis1 make a det]m9ation reg>d+ ! 
programmatic & f9ancial viability ( ea* 
wom5's bus9ess c5t] op]at$ by ! eligible
 entity4  7#b7 ,conditions = cont9u$    
fund+ ,9 det]m9+ :e!r to aw>d a         
cont9uation grant1 ! ,adm9i/rator--     
7,a7 %all consid] ! results ( ! mo/     
rec5t exam9ation ( ! eligible entity "u 
p>agraph 7#a72 &  7,b7 %all det]m9e if--
  7i7 ! eligible entity has fail$ to    
provide1 or provid$ inadequate1         
in=mation "u p>agraph 7#a77;,a72 or     
7ii7 ! eligible entity has fail$ to     
provide any in=mation requir$ to be     
provid$ by ! wom5's bus9ess c5t] =      
purposes ( ! managem5t report "u        
subsection 7k77#a71 or ! in=mation      
provid$ by ! c5t] is inadequate4  7h7   
,contract ,au?ority  7#a7 ,eligible     
entity ,an eligible entity t receives a 
grant "u ?is section may ent] into a    
contract ) a ,f$]al dep>tm5t or ag5cy to

 provide specific assi/ance to small    
bus9ess conc]ns own$ & controll$ by wom5
 & o!r und]s]v$ small bus9ess conc]ns1  
if p]=mance ( su* a contract does n h9d]
 ! ability ( ! eligible entity to c>ry  
out ! t]ms ( a grant receiv$ "u ?is     
section4  7#b7 ,adm9i/rator ,! au?ority 
( ! ,adm9i/rator to ent] into contracts 
%all be 9 effect = ea* fiscal ye> only  
to ! ext5t & 9 ! am\nts z are provid$ 9 
advance 9 appropriations ,acts4 ,aft] ! 
,adm9i/rator has ent]$ into a contract1 
ei!r z a grant or a coop]ative agreem5t1
 ) any applicant "u ?is section1 !      
,adm9i/rator %all n susp5d1 t]m9ate1 or 
fail to r5ew or ext5d any su* contract  
unless ! ,adm9i/rator provides !        
applicant ) writt5 notification sett+ =?
 ! reasons !re=e & af=ds ! applicant an 
opportunity = a he>+1 appeal1 or o!r    
adm9i/rative proce$+ "u *apt] #e ( title
 #e1 ,unit$ ,/ates ,code4  7i7 ,privacy 
,requirem5ts  7#a7 ,9 g5]al ,a wom5's   
bus9ess c5t] may n disclose ! "n1       
address1 or telephone numb] ( any       

individual or small bus9ess conc]n      
receiv+ assi/ance "u ?is section )\t !  
cons5t ( su* individual or small bus9ess
 conc]n1 unless--  7,a7 ! ,adm9i/rator  
is ord]$ to make su* a disclosure by a  
c\rt 9 any civil or crim9al en=cem5t    
action initiat$ by a ,f$]al or ,/ate    
ag5cy2 or  7,b7 ! ,adm9i/rator consid]s 
su* a disclosure to be necess>y = !     
purpose ( conduct+ a f9ancial audit ( a 
wom5's bus9ess c5t]1 except t su* a     
disclosure %all be limit$ to ! in=mation
 necess>y = su* audit4  7#b7            
,adm9i/ration use ( in=mation ,?is      
subsection %all n-- 7,a7 re/rict        
,adm9i/ration access to wom5's bus9ess  
c5t] data2 or  7,b7 prev5t !            
,adm9i/ration f us+ in=mation ab\t      
individuals :o use wom5's bus9ess c5t]s 
7o!r ?an ! in=mation describ$ 9         
subp>agraph 7,a77 to conduct surveys (  
su* individuals4  7#c7 ,regulations ,!  
,adm9i/rator %all issue regulations to  
e/abli% /&>ds = disclosures = purposes (
 a f9ancial audit "u p>agraph 7#a77;,b74

  7j7 ,notification requirem5ts "u !    
,wom5's ,bus9ess ,c5t] ,program ,!      
,adm9i/rator %all provide ! foll[+3 7#a7
 ,a public ann\ncem5t ( any opportunity 
to be aw>d$ grants "u ?is section1 to   
include ! selection crit]ia "u          
subsection 7d7 & any applicable         
regulations4  7#b7 ,to any applicant = a
 grant "u ?is section t fail$ to obta9  
su* a grant1 an opportunity to debrief )
 ! ,adm9i/rator to review ! reasons = ! 
applicant's failure4  7#c7 ,to an       
eligible entity t receives an initial   
grant "u ?is section1 if a site visit or
 review ( ! eligible entity is c>ri$ out
 by an (fic] or employee ( !            
,adm9i/ration 7o!r ?an ! ,inspector     
,g5]al71 a copy ( ! site visit report or
 evaluation1 z applicable1 )9 #cj cal5d>
 days ( ! completion ( su* visit or     
evaluation4  7k7 ,reports  7#a7         
,managem5t ,report  7,a7 ,9 g5]al ,!    
,adm9i/rator %all prep>e & submit to !  
,committee on ,small ,bus9ess ( ! ,h\se 
( ,repres5tatives & ! ,committee on     

,small ,bus9ess & ,entrepr5eur%ip ( !   
,s5ate a report on ! effectiv5ess (     
wom5's bus9ess c5t]s op]at$ ?r\gh a     
grant aw>d$ "u ?is section4  7,b7       
,cont5ts ,ea* report submitt$ "u        
p>agraph 7#a7 %all include in=mation    
conc]n+1 ) respect to ea* wom5's bus9ess
 c5t] e/abli%$ pursuant to a grant aw>d$
 "u ?is section--  7i7 ! numb] (        
individuals receiv+ assi/ance2  7ii7 !  
numb] ( />tup bus9ess conc]ns =m$2      
7iii7 ! gross receipts ( assi/$ conc]ns2
  7iv7 ! employm5t increases or         
decreases ( assi/$ conc]ns2  7v7 to !   
maximum ext5t practicable1 increases or 
decreases 9 pr(its ( assi/$ conc]ns2 &  
7vi7 ! mo/ rec5t analysis1 z requir$ "u 
subsection 7g77#a77;,b71 & ! subsequ5t  
det]m9ation made by ! ,adm9i/ration "u t
 subsection4  7#b7 ,/udy & ,report on   
,repres5tation ( ,wom5  7,a7 ,/udy ,!   
,adm9i/rator %all p]iodically conduct a 
/udy to id5tify indu/ries1 z def9$ "u ! 
,nor? ,am]ican ,indu/ry ,classification 
,sy/em1 und]repres5t$ by small bus9ess  

conc]ns own$ & controll$ by wom54  7,b7 
,report ,n lat] ?an #c ye>s aft] ! date 
( enactm5t ( ?is subsection1 & e #e ye>s
 !reaft]1 ! ,adm9i/rator %all submit to 
! ,committee on ,small ,bus9ess &       
,entrepr5eur%ip ( ! ,s5ate & !          
,committee on ,small ,bus9ess ( ! ,h\se 
( ,repres5tatives a report on ! results 
( ea* /udy "u p>agraph 7#a7 conduct$    
dur+ ! #e-ye> p]iod end+ on ! date ( !  
report4  7l7 ,(fice ( ,wom5's ,bus9ess  
,own]%ip  7#a7 ,e/abli%m5t ,!re is      
e/abli%$ )9 ! ,adm9i/ration an ,(fice ( 
,wom5's ,bus9ess ,own]%ip1 :i* %all be  
responsible = ! adm9i/ration ( !        
,adm9i/ration's programs = ! developm5t 
( wom5's bus9ess ent]prises 7z def9$ 9  
section #djh ( ! ,wom5's ,bus9ess       
,own]%ip ,act ( #aihh 7#ae ,u4,s4,c4    
#gajh774 ,! ,(fice ( ,wom5's ,bus9ess   
,own]%ip %all be adm9i/]$ by an         
,assi/ant ,adm9i/rator1 :o %all be      
appo9t$ by ! ,adm9i/rator4  7#b7        
,assi/ant ,adm9i/rator ( ! ,(fice (     
,wom5's ,bus9ess ,own]%ip  7,a7         

,qualification ,! position ( ,assi/ant  
,adm9i/rator %all be a ,s5ior ,executive
 ,s]vice position "u section            
#cacb7;a77#b7 ( title #e1 ,unit$ ,/ates 
,code4 ,! ,assi/ant ,adm9i/rator %all   
s]ve z a nonc>e] appo9tee 7z def9$ 9    
section #cacb7;a77#g7 ( t title74  7,b7 
,duties ,! ,assi/ant ,adm9i/rator %all  
adm9i/] ! programs & s]vices ( ! ,(fice 
( ,wom5's ,bus9ess ,own]%ip & p]=m !    
foll[+ functions3 7i7 ,recomm5d ! annual
 adm9i/rative & program budgets ( !     
,(fice & eligible entities receiv+ a    
grant "u ! ,wom5's ,bus9ess ,c5t]       
,program4  7ii7 ,review ! annual budgets
 submitt$ by ea* eligible entity receiv+
 a grant "u ! ,wom5's ,bus9ess ,c5t]    
,program4  7iii7 ,collaborate ) o!r     
,f$]al dep>tm5ts & ag5cies1 ,/ate &     
local gov]nm5ts1 n-=-pr(it              
organizations1 & =-pr(it organizations  
to maximize utilization ( taxpay] doll>s
 & r$uce 7or elim9ate7 any duplication  
among ! programs ov]se5 by ! ,(fice (   
,wom5's ,bus9ess ,own]%ip & ^? ( o!r    

entities t provide simil> s]vices to    
wom5 entrepr5eurs4  7iv7 ,ma9ta9 a      
cle>+h\se to provide = ! dissem9ation & 
ex*ange ( in=mation betwe5 wom5's       
bus9ess c5t]s4  7v7 ,s]ve z ! vice      
*airp]son ( ! ,int]ag5cy ,committee on  
,wom5's ,bus9ess ,ent]prise & z !       
liaison = ! ,national ,wom5's ,bus9ess  
,c\ncil4  7#c7 ,mission ,! mission ( !  
,(fice ( ,wom5's ,bus9ess ,own]%ip %all 
be to assi/ wom5 entrepr5eurs to />t1   
gr[1 & compete 9 global m>kets by       
provid+ quality support ) access to     
capital1 access to m>kets1 job creation1
 gr[?1 & c\nsel+ by-- 7,a7 fo/]+        
p>ticipation ( wom5 entrepr5eurs 9 !    
economy by ov]see+ a network ( wom5's   
bus9ess c5t]s ?r\gh\t ,/ates &          
t]ritories2  7,b7 creat+ public-private 
p>tn]%ips to support wom5 entrepr5eurs &
 conduct outrea* & education to small   
bus9ess conc]ns own$ & controll$ by     
wom52 &  7,c7 work+ ) o!r programs ( !  
,adm9i/rator to--  7i7 ensure wom5 are  
well-repres5t$ 9 ^? programs & be+ s]v$ 

by ^? programs2 &  7ii7 id5tify gaps :]e
 p>ticipation by wom5 9 ^? programs c\ld
 be increas$4  7#d7 ,accr$itation       
program  7,a7 ,e/abli%m5t ,n lat] ?an   
#bgj days aft] ! date ( enactm5t ( ?is  
p>agraph1 ! ,adm9i/rator %all publi%    
/&>ds = a program to accr$it eligible   
entities t receive a grant "u ?is       
section4  7,b7 ,public comm5t2          
transition ,be=e publi%+ ! /&>ds "u     
subp>agraph 7,a71 ! ,adm9i/rator--  7i7 
%all provide a p]iod ( n less ?an #fj   
days = public comm5t on su* /&>ds2 &    
7ii7 may n t]m9ate a grant "u ?is       
section abs5t evid5ce ( fraud or o!r    
crim9al misconduct by ! recipi5t4  7,c7 
,contract+ au?ority ,! ,adm9i/rator may 
provide f9ancial assi/ance1 by contract 
or o!rwise1 to a relevant national      
wom5's bus9ess c5t] repres5tative       
association to provide assi/ance 9      
e/abli%+ ! /&>ds requir$ "u subp>agraph 
7,a7 or = c>ry+ out an accr$itation     
program pursuant to su* /&>ds4  7m7     
,au?orization ( ,appropriations  7#a7 ,9

 g5]al ,!re are au?oriz$ to be          
appropriat$ to ! ,adm9i/ration to c>ry  
out ?is section1 to rema9 available     
until exp5d$1 #ba1gej1jjj = ea* ( fiscal
 ye>s #bjai ?r\gh #bjbb4  7#b7 ,use (   
am\nts  7,a7 ,9 g5]al ,except z provid$ 
9 subp>agraph 7,b71 am\nts made         
available "u ?is subsection = fiscal ye>
 #bjah1 & ea* fiscal ye> !reaft]1 may   
only be us$ = grant aw>ds & may n be us$
 = co/s incurr$ by ! ,adm9i/ration 9    
connection ) ! managem5t & adm9i/ration 
( ! program "u ?is section4  7,b7       
,exceptions ,( ! am\nt made available "u
 ?is subsection = a fiscal ye>1 ! foll[+
 am\nts %all be available3  7i7 ,= !    
fir/ fiscal ye> beg9n+ aft] ! date ( !  
enactm5t ( ?is subp>agraph1 #b4fe p]c5t4
  7ii7 ,= ! second fiscal ye> beg9n+    
aft] ! date ( ! enactm5t ( ?is          
subp>agraph & ea* fiscal ye> !reaft]    
?r\gh fiscal ye> #bjbb1 #b4e p]c5t4     
7#c7 ,exp$it$ acquisition ,not)/&+ any  
o!r provision ( law1 ! ,adm9i/rator may 
use su* exp$it$ acquisition me?ods z !  

,adm9i/rator det]m9es to be appropriate 
to c>ry out ?is section1 except t !     
,adm9i/rator %all ensure t all small    
bus9ess s\rces are provid$ a reasonable 
opportunity to submit proposals4  4  #c4
 ,effect on exi/+ grants  7a7 ,t]ms &   
conditions ,a nonpr(it organization     
receiv+ a grant "u section #bi7m7 ( !   
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fef7m771 z 9 effect on ! day be=e !    
date ( enactm5t ( ?is ,act1 %all cont9ue
 to receive ! grant "u ! t]ms &         
conditions 9 effect = ! grant on ! day  
be=e ! date ( enactm5t ( ?is ,act1      
except t ! nonpr(it organization may n  
apply = a cont9uation ( ! grant "u      
section #bi7m77#e7 ( ! ,small ,bus9ess  
,act 7#ae ,u4,s4,c4 #fef7m77#e771 z 9   
effect on ! day be=e ! date ( enactm5t (
 ?is ,act4  7b7 ,l5g? ( cont9uation     
grant ,! ,adm9i/rator ( ! ,small        
,bus9ess ,adm9i/ration may aw>d a grant 
"u section #bi7m7 ( ! ,small ,bus9ess   
,act1 z am5d$ by ?is ,act1 to a nonpr(it
 organization receiv+ a grant "u section

 #bi7m7 ( ! ,small ,bus9ess ,act 7#ae   
,u4,s4,c4 #fef7m771 z 9 effect on ! day 
be=e ! date ( enactm5t ( ?is ,act1 = !  
p]iod-- 7#a7 beg9n+ on ! day aft] ! la/ 
day ( ! grant agreem5t "u su* section   
#bi7m72 &  7#b7 end+ at ! end ( ! ?ird  
fiscal ye> beg9n+ aft] ! date ( enactm5t
 ( ?is ,act4  #d4 ,regulations ,n lat]  
?an #bgj days aft] ! date ( ! enactm5t (
 ?is ,act1 ! ,adm9i/rator ( ,small      
,bus9ess ,adm9i/ration %all publi% 9 !  
,f$]al ,regi/] su* regulations z are    
necess>y to c>ry out section #bi ( !    
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fef71 z am5d$ by ?is ,act4 ,!          
,adm9i/rator %all accept public comm5ts 
on su* propos$ regulations = a p]iod ( n
 less ?an #fj days4  ,pass$ ! ,h\se (   
,repres5tatives ,may #h1 #bjah4;,cl]k4