,,ib ,union ,cal5d> ,no4 #ahi #aaf? ,,congress #a/ ,session ,h4 ,r4 #dchg ,report ,no4 #aaf-bch ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #ah1 #bjai ,mr4 ,espaillat 7= himself & ,mr4 ,bald]son7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,small ,bus9ess ,octob] #ag1 #bjai ,additional sponsors3 ,mr4 ,hag$orn1 ,mr4 ,fitzpatrick1 & ,mr4 ,evans ,octob] #ag1 #bjai ,committ$ to ! ,committee ( ! ,:ole ,h\se on ! ,/ate ( ! ,union & ord]$ to be pr9t$ ,a ,,bill ,to e/abli% ,gr[? ,accel]ator ,fund ,competition )9 ! ,small ,bus9ess ,adm9i/ration1 & = o!r purposes4 #a4 ,gr[? ,accel]ator ,fund ,competition 7a7 ,9 g5]al ,!re is e/abli%$ a program )9 ! ,small ,bus9ess ,adm9i/ration to be kn[n z ! ,gr[? ,accel]ator ,fund ,competition "u :i* ! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration %all aw>d prizes on a competitive basis to cov]$ entities t-- 7#a7 assi/ small bus9ess conc]ns ) access+ capital & f9d+ m5tors & network+ opportunities2 & 7#b7 advise small bus9ess conc]ns1 includ+ advis+ on m>ket analysis1 company /rategy1 rev5ue gr[?1 & secur+ fund+4 7b7 ,requirem5ts ,except z o!rwise provid$ 9 ?is section1 ! ,adm9i/rator %all c>ry out ! program e/abli%$ "u ?is section 9 accordance ) ! requirem5ts ( section #bd ( ! ,/ev5son-,wydl] ,te*nology ,innovation ,act ( #aihj 7#ae ,u4,s4,c4 #cgai74 7c7 ,application ,a prize only may be aw>d$ to a cov]$ entity t submits to ! ,adm9i/rator an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,adm9i/rator may require4 7d7 ,eligibility ,to be eligible to apply = a prize "u ?is section1 a cov]$ entity-- 7#a7 may n h an out/&+1 unresolv$ f9ancial obligation to ! ,f$]al ,gov]nm5t2 & 7#b7 may n be curr5tly susp5d$ or deb>r$ z specifi$ "u subp>t #i4d ( title #dh1 ,code ( ,f$]al ,regulations 7or any successor regulation74 7e7 ,selection ( cov]$ entities ,f applications submitt$ "u subsection 7c71 ! ,adm9i/rator %all select cov]$ entities t w provide to small bus9ess conc]ns-- 7#a7 regul> network+ opportunities1 includ+ introductions to cu/om]s1 p>tn]s1 suppli]s1 advisory bo>ds1 & o!r p]sons2 7#b7 m5tor%ip opportunities1 includ+ advice on /rategy1 te*nology1 f9ances1 & comm]cialization assi/ance2 7#c7 %>$ work+ environm5ts focus$ on build+ a /rong community among/ o!r simil> small bus9ess conc]ns2 7#d7 res\rces & co-work+ arrangem5ts2 7#e7 opportunities to pit* ideas to inve/ors & o!r capital =mation opportunities2 7#f7 small am\nts ( angel money1 se$ capital1 or /ructur$ loans2 & 7#g7 :]e appropriate1 assi/ance 9 secur+ fund+ "u ! ,,sbir program or ! ,,/tr program e/abli%$ "u section #i ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fch74 7f7 ,priority 7#a7 ,9 g5]al ,! ,adm9i/rator1 9 approv+ applications "u ?is section1 %all give priority to applications t include me?ods to provide assi/ance & advice to small bus9ess conc]ns locat$ 9 und]s]v$ communities1 includ+-- 7,a7 small bus9ess conc]ns own$ & controll$ by wom52 7,b7 small bus9ess conc]ns own$ & controll$ by vet]ans2 & 7,c7 small bus9ess conc]ns own$ & controll$ by socially & economically disadvantag$ individuals 7z def9$ 9 section #h7;d77#c77;,c7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcg7;d77#c77;,c7774 7#b7 ,allocation ,( prizes aw>d$ to cov]$ entities "u ?is section 9 a fiscal ye>1 ! ,adm9i/rator %all ensure t-- 7,a7 n less ?an #bj p]c5t ( su* cov]$ entities w assi/ & advise small bus9ess conc]ns own$ & controll$ by wom52 & 7,b7 n less ?an #bj p]c5t ( su* cov]$ entities w assi/ & advise small bus9ess conc]ns own$ & controll$ by socially & economically disadvantag$ individuals4 7g7 ,selection ( small bus9ess conc]ns ,a cov]$ entity t receives a prize "u ! ,gr[? ,accel]ator ,fund ,competition %all use a selective process to id5tify small bus9ess conc]ns to provide assi/ance & advice describ$ "u subsection 7a74 7h7 ,developm5t ( metrics ,! ,adm9i/rator %all develop metrics to evaluate ! effectiv5ess & ! b5efit to ! p ( ! ,unit$ ,/ates ( ! ,gr[? ,accel]ator ,fund ,competition t-- 7#a7 are sci5ce-bas$ & /ati/ically driv52 7#b7 reflect ! mission ( ! ,small ,bus9ess ,adm9i/ration2 & 7#c7 include factors relat+ to ! economic impact ( ! ,gr[? ,accel]ator ,fund ,competition4 7i7 ,def9itions ,9 ?is section3 7#a7 ,adm9i/rator ,! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration4 7#b7 ,cov]$ entity ,! t]m cov]$ entity means a private entity t is incorporat$ 9 & ma9ta9s a prim>y place ( bus9ess 9 ! ,unit$ ,/ates4 7#c7 ,small ,bus9ess ,act def9itions ,! t]ms small bus9ess conc]n1 small bus9ess conc]n own$ & controll$ by wom51 small bus9ess conc]n own$ & controll$ by vet]ans h ! mean+s giv5 su* t]ms1 respectively1 9 section #c ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb74 7j7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to ! ,adm9i/rator #b1jjj1jjj = ea* ( fiscal ye>s #bjbj1 #bjba1 #bjbb1 & #bjbc to c>ry out ! ,gr[? ,accel]ator ,fund ,competition4 ,octob] #ag1 #bjai ,committ$ to ! ,committee ( ! ,:ole ,h\se on ! ,/ate ( ! ,union & ord]$ to be pr9t$