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United States · Bill · HR

H.R. 3738 (111th)

Small Business Early-Stage Investment Act of 2009

referredUnited States· United States Congress· EN

Introduced

7 October 2009

Last action

Status

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Small Business Early-Stage Investment Act of 2009 - Amends the Small Business Investment Act of 1958 to direct the Administrator of the Small Business Administration (SBA) to establish and carry out a program to provide equity investment financing to support early-stage small businesses in the following targeted industries: (1) agricultural technology; (2) energy technology; (3) environmental technology; (4) life science; (5) information technology; (6) digital media; (7) clean technology; and (8) defense technology. Directs the Administrator to make grants to participating investment companies under the program and limits to $100 million the aggregate amount of all grants made to a participating investment company under the program. Requires, as a condition of receiving a grant under the program, all of the investments of participating investment companies to be in small businesses, and at least 50% to be in early-stage small businesses in the targeted industries. Establishes a separate Treasury fund for such grants.

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Documents

8 official files

Referred in Senate (text)

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