,,ii #aaf? ,,congress #a/ ,session ,s4 #ajgg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #i1 #bjai ,mr4 ,c>d9 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ,a ,,bill ,to e/abli% a pilot program aw>d+ competitive grants to organizations adm9i/]+ entrepr5eurial developm5t programm+ to =m]ly inc>c]at$ individuals1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,necess>y ,entrepr5eur%ip ,work%ops via ! ,,sba to ,trans=m & ,assi/ ,re-entry ,tra9+ ,act ( #bjai or ! ,,new ,,/>t ,act ( #bjai4 #b4 ,f9d+s ,congress f9ds t-- 7#a7 accord+ to ! ,dep>tm5t ( ,ju/ice1 e ye>1 ov] #fjj1jjj individuals are releas$ f prison & return home to _! communities1 & almo/ #gg p]c5t ( ^? individuals w re(f5d )9 #e ye>s2 7#b7 accord+ to ! ,c5t] = ,am]ican ,progress1 an e/imat$ #fj p]c5t ( =m]ly inc>c]at$ individuals w rema9 unemploy$ = a p]iod ( #a ye> po/-inc>c]ation1 increas+ ! risk = recidivism2 7#c7 accord+ to ! ,c5t] = ,economic & ,policy ,rese>*1 ! economy ( ! ,unit$ ,/ates loses an e/imat$ #gh1jjj1jjj1jjj to #hg1jjj1jjj1jjj annually due to lo/ output f individuals ) crim9al records unable to f9d /able employm5t2 7#d7 entrepr5eurial developm5t programs = inc>c]at$ & =m]ly inc>c]at$ individuals report dramatically l[] rates ( recidivism2 & 7#e7 self-employm5t c provide economic /ability = ^? :o are o!rwise lock$ out ( ! labor m>ket4 #c4 ,pilot program 7a7 ,def9itions ,9 ?is ,act-- 7#a7 ! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration2 7#b7 ! t]m appropriate committees ( ,congress means-- 7,a7 ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ( ! ,s5ate2 & 7,b7 ! ,committee on ,small ,bus9ess ( ! ,h\se ( ,repres5tatives2 7#c7 ! t]m cov]$ individual means an individual :o-- 7,a7 complet$ a t]m ( imprisonm5t 9 ,f$]al1 ,/ate1 or local jail or prison2 & 7,b7 meets ! (f5se eligibility requirem5ts set =? 9 any applicable policy notice or o!r guidance issu$ by ! ,small ,bus9ess ,adm9i/ration = ! program e/abli%$ "u section #g7m7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7m772 7#d7 ! t]ms int]m$i>y & microloan h ! mean+s giv5 ^? t]ms 9 section #g7m77#aa7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7m77#aa772 7#e7 ! t]m microloan int]m$i>y means an int]m$i>y t is eligible to p>ticipate 9 ! program e/abli%$ "u section #g7m7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7m772 & 7#f7 ! t]m pilot program means ! pilot program e/abli%$ "u subsection 7b74 7b7 ,e/abli%m5t ,n lat] ?an #f mon?s aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all e/abli% a pilot program to aw>d grants to organizations ov] a #e-ye> p]iod to create or support exi/+ entrepr5eur%ip developm5t programs to provide assi/ance to cov]$ individuals4 7c7 ,grant requirem5ts ,! ,adm9i/rator %all-- 7#a7 aw>d a grant "u ! pilot program to n few] ?an #f organizations1 or p>tn]%ips ( organizations1 :i* %all ea* receive grants annually ov] ! #e-ye> p]iod 9 :i* ! pilot program is 9 exi/5ce2 & 7#b7 allocate grants "u ! pilot program to ensure t ! recipi5ts are geographically v>i$ ?r\gh\t ! ,unit$ ,/ates4 7d7 ,p>tn]%ips ,an applicant = a grant "u ! pilot program may =m p>tn]%ips ) o!r organizations = ! purposes ( ! application & = conduct+ entrepr5eurial developm5t programm+4 7e7 ,application 7#a7 ,9 g5]al ,an organization or p>tn]%ip ( organizations desir+ a grant "u ! pilot program %all submit an application to ! ,adm9i/rator 9 su* =m1 9 su* mann]1 & conta9+ su* in=mation z ! ,adm9i/rator may reasonably require4 7#b7 ,cont5ts ,an application submitt$ "u p>agraph 7#a7 %all-- 7,a7 demon/rate t ! applicant has a p>tn]%ip )1 or is1 a microloan int]m$i>y t %all provide microloans to qualifi$ cov]$ individuals1 or1 to ! ext5t t ! applicant is a national organization 9 multiple diff]5t m>kets1 t a sep>ate microloan int]m$i>y may be us$ 9 ea* su* m>ket2 7,b7 demon/rate /rong community ties1 includ+ ^? ) ! cov]$ individual community1 local bus9esses1 & political lead]s2 7,c7 demon/rate an ability to provide a full range ( entrepr5eurial developm5t programm+ on an ongo+ basis2 7,d7 include a plan = rea*+ cov]$ individuals1 includ+ by id5tify+ p>ticul> t>get populations )9 ! community2 7,e7 cle>ly def9e entrepr5eurial developm5t capabilities1 includ+ coord9ation ) exi/+ local res\rce p>tn]s ( ! ,adm9i/ration = additional tra9+ z necess>y2 7,f7 pres5t an entrepr5eur%ip developm5t curriculum1 :i* may be a nationally recogniz$ model or bas$ ^u su* a model2 7,g7 include a li/ ( ea* p>tn] organization2 & 7,h7 include a compreh5sive plan = ! use ( grant funds1 includ+ e/imates = adm9i/rative & outrea* co/s ( runn+ & evaluat+ ! entrepr5eur%ip developm5t program4 7f7 ,priority ,9 det]m9+ :e!r to aw>d a grant "u ! pilot program1 ! ,adm9i/rator may give priority to applicants bas$ on-- 7#a7 :e!r ! application includes a commitm5t f an exi/+ or new non-,f$]al fund+ s\rce to meet ! mat*+ requirem5t "u subsection 7g72 7#b7 :e!r ! application takes into acc\nt local economies & m>kets z a "p ( ! educational compon5t ( ! entrepr5eur%ip developm5t program2 & 7#c7 ! ability or plan ( ! applicant to provide entrepr5eurial developm5t s]vices concurr5t ) employm5t or job tra9+ s]vices4 7g7 ,mat*+ requirem5t 7#a7 ,9 g5]al ,z a condition ( a grant provid$ "u ! pilot program1 ! ,adm9i/rator %all require ! recipi5t ( ! grant to contribute an am\nt equal to #be p]c5t ( ! am\nt ( ! grant1 obta9$ solely f exi/+ or new non-,f$]al s\rces4 7#b7 ,=m ,9 addition to ca% or o!r direct fund+1 ! contribution requir$ "u p>agraph 7#a7 may include indirect co/s or 9-k9d contributions paid = "u non-,f$]al programs4 7h7 ,reports 7#a7 ,annual reports 7,a7 ,individual reports to ,adm9i/rator ,a recipi5t ( a grant "u ! pilot program %all submit to ! ,adm9i/rator an annual report on ! use ( grant funds "u ! pilot program1 :i* %all conta91 ) respect to ! entrepr5eur%ip developm5t programs creat$ or support$ "u ! pilot program-- 7i7 a li/ ( p>tn] organizations2 7ii7 ! *>act]i/ics ( cov]$ individuals assi/$ "u ! entrepr5eur%ip developm5t programs1 includ+ race & e?nicity1 g5d]1 age1 m>ital /atus1 p>5tal /atus1 employm5t /atus1 income1 bank+ & cr$it hi/ory1 & prior bus9ess exp]i5ce2 7iii7 ! p>ticipation & att5dance rates = all compon5ts ( ! entrepr5eur%ip developm5t programs2 7iv7 ! program ret5tion rate2 7v7 ! p]c5tage ( p>ticipants :o rema9 non-ju/ice involv$ dur+ ! cal5d> ye> ( ! program2 7vi7 ! level ( ! cov]$ individuals' und]/&+ ( bus9ess concepts & pr9ciples2 7vii7 ! level ( ! cov]$ individuals' great] confid5ce 9 lead]%ip /r5g?s1 includ+ ! results ( an indu/ry-recogniz$ behavioral assessm5t2 7viii7 ! cov]$ individuals' progress made t[>d e/abli%+ a bus9ess2 7ix7 ! exp]i5ces & p]ceptions ( ! cov]$ individuals2 7x7 ! numb] & doll> am\nt ( loans made to qualifi$ cov]$ individuals2 & 7xi7 su* additional in=mation z ! ,adm9i/rator may require4 7,b7 ,consolidat$ report to ,congress ,n lat] ?an #fj days aft] ! date on :i* ! la/ report ) respect to a ye> has be5 submitt$ to ! ,adm9i/rator "u subp>agraph 7,a71 ! ,adm9i/rator %all submit to ! appropriate committees ( ,congress a report t summ>izes all ( ! reports submitt$ to ! ,adm9i/rator "u t subp>agraph = t ye>4 7#b7 ,,gao report ,n lat] ?an #a ye> aft] ! date on :i* ! pilot program t]m9ates1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit to ! appropriate committees ( ,congress a report t evaluates-- 7,a7 ! s]vices t grant recipi5ts provid$ to cov]$ individuals assi/$ "u entrepr5eur%ip developm5t programs2 7,b7 ov]sight ( ! pilot program by ! ,adm9i/rator1 includ+ policies & proc$ures = monitor+ ! compliance by grant recipi5ts ) pilot program requirem5ts & an assessm5t ( ! effectiv5ess ( ! pilot program2 & 7,c7 ! ov]all p]=mance ( ! pilot program & ! impacts ( ! pilot program on grant recipi5ts4 7i7 ,rule ( con/ruction ,no?+ 9 ?is ,act may be con/ru$ to affect ! program e/abli%$ "u section #g7m7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7m771 includ+-- 7#a7 ! requirem5ts ( t program2 7#b7 ! mann] 9 :i* t program is c>ri$ out2 or 7#c7 ! use or availability ( any am\nts t h be5 made available to c>ry out t program4 7j7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to ! ,adm9i/rator su* sums z are necess>y to c>ry out ! pilot program4 7k7 ,t]m9ation ,! pilot program %all t]m9ate on ! date t is #e ye>s aft] ! date ( enactm5t ( ?is ,act4