,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #ejjf  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,augu/ #aj1 #bjba,ms4 
,/ev5s introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,f9ancial     
,s]vices1 & 9 addition to ! ,committee  
on ,small ,bus9ess1 = a p]iod to be     
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to e/abli% a grant 
program to provide m9ority bus9ess      
ent]prises access to entrepr5eur%ip     
opportunities1 & = o!r purposes4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,increas+ & ,develop+ ,entrepr5eur%ip   
,access ,act ( #bjba or ! ,,idea ,act ( 
#bjba4  #b4 ,grants to provide m9ority  
bus9ess ent]prises access to            
entrepr5eur%ip opportunities  7a7       
,e/abli%m5t ,n lat] ?an #ahj days aft] !
 date ( ! enactm5t ( ?is section1 !     
,national ,director ( ! ,m9ority        
,bus9ess ,developm5t ,ag5cy ( !         
,dep>tm5t ( ,comm]ce %all e/abli% a     

program to provide grants to bus9ess    
accel]ator entities to provide          
entrepr5eur%ip opportunities to m9ority 
bus9ess ent]prises4  7b7 ,application ,!
 ,national ,director may provide a grant
 "u ?is section to a bus9ess accel]ator 
entity only if ! entity submits to !    
,national ,director an application at   
su* "t1 9 su* mann]1 & conta9+ su*      
in=mation z ! ,national ,director may   
reasonably require4  7c7 ,am\nt &       
duration ,! am\nt ( a grant provid$ "u  
?is section %all be #a1jjj1jjj ea* ye> =
 five consecutive ye>s4  7d7 ,f$]al %>e 
,! ,f$]al %>e ( a grant provid$ ?is     
section to a bus9ess accel]ator entity  
may n exce$ #ge p]c5t ( ! total am\nt ( 
funds provid$ by ! entity to c>ry out   
activities us+ grant funds4  7e7 ,use ( 
funds  7#a7 ,9 g5]al ,a grant provid$ "u
 ?is section %all be us$ by a bus9ess   
accel]ator entity to provide-- 7,a7     
capital1 includ+ direct ca% transf]s (  
grant funds1 to m9ority bus9ess         
ent]prises 9 ! region2  7,b7 network+   

programs t connect m9ority bus9ess      
ent]prises to s\rces ( capital &        
innovation 9 ! region2 &  7,c7 any o!r  
assi/ance t ! ,national ,director       
det]m9es to be appropriate = m9ority    
bus9ess ent]prises 9 ! region4  7#b7    
,region describ$ ,a region describ$ 9   
?is subsection is a region 9 :i* n less 
?an #ae m9ority bus9ess ent]prises )    
rev5ues n less ?an #bej1jjj are locat$4 
7f7 ,report ,! ,national ,director %all 
submit to ,congress1 = ea* fiscal ye> 9 
:i* ! ,director provides grants "u ?is  
section1 a report on ! program e/abli%$ 
"u ?is section1 includ+-- 7#a7 an       
id5tification ( ! numb] ( grants provid$
 9 su* fiscal ye> & ! total am\nt ( su* 
grants2  7#b7 an id5tification ( ! numb]
 ( m9ority bus9ess ent]prises t h       
receiv$ assi/ance f su* entities 9 su*  
fiscal ye>2 &  7#c7 a description ( any 
noncompliance by any bus9ess accel]ator 
entity & ! am\nt ( funds su* entity has 
receiv$4  7g7 ,misdemeanor ,a bus9ess   
accel]ator entity t receives a grant "u 

?is section t kn[+ly uses am\nts "u !   
grant = any purpose n o!rwise p]mitt$ "u
 ! program e/abli%$ by ?is section or :o
 kn[+ly attempts to d s1 %all be f9$ z  
provid$ 9 title #ah1 ,unit$ ,/ates      
,code1 or imprison$ = n m ?an "o ye>1 or
 bo?4  7h7 ,def9itions ,9 ?is section3  
7#a7 ,bus9ess accel]ator entity ,! t]m  
bus9ess accel]ator entity means an      
entity t-- 7,a7 engages 9 a p>tn]%ip )  
public or private organizations t t>get 
m9ority bus9ess ent]prises2  7,b7       
provides opportunities to scale m9ority 
own$ bus9ess ent]prises ?r\gh se$       
inve/m5t or network+ opportunities2 or  
7,c7 (f]s />t-up capital or             
opportunities to raise capital f outside
 inve/ors = m9ority bus9ess ent]prises4 
7#b7 ,m9ority bus9ess ent]prise ,! t]m  
m9ority bus9ess ent]prise has ! mean+   
giv5 su* t]m 9 section #aajh7;a7 ( !    
,,c>es ,act 7#ae ,u4,s4,c4 #ijjg7;a774  
7#c7 ,national director ,! t]m ,national
 ,director means ! ,national ,director (
 ! ,m9ority ,bus9ess ,developm5t ,ag5cy 

( ! ,dep>tm5t ( ,comm]ce4  7i7          
,au?orization ( appropriations ,!re is  
au?oriz$ to be appropriat$ to c>ry out  
?is section #be1jjj1jjj = ea* ( ! fiscal
 ye>s #bjbb ?r\gh #bjbf4