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United States · Bill · HR

H.R. 4387 (116th)

To establish Growth Accelerator Fund Competition within the Small Business Administration, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

18 September 2019

Last action

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Status

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

Sponsors

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Subjects

Discovery layer

Source updated

7 April 2025

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Summary

This bill provides statutory authority for the Growth Accelerator Fund Competition program within the Small Business Administration (SBA). Specifically, the bill requires the SBA, prioritizing small business concerns in underserved communities, to award prizes on a competitive basis to U.S. private entities that (1) assist small business concerns in accessing capital, mentors, and networking opportunities; and (2) advise small business concerns on topics such as market analysis, company strategy, revenue growth, and securing funding. The SBA must also develop metrics to evaluate the the program's effectiveness and benefits to the people of the United States that (1) are science-based and statistically driven, (2) reflect the SBA's mission, and (3) include factors relating to the program's economic impact.

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Documents

11 official files

Referred in Senate (text)

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