United States · Bill · S
S. 753 (112th)
Early-Stage Business Investment and Incubation Act of 2011
Introduced
6 April 2011
Last action
—
Status
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Early-Stage Business Investment and Incubation Act of 2011 - Directs the Assistant Secretary of Commerce for Economic Development to establish an early-stage business investment and incubation grant program (program) to support the development of early-stage businesses engaged primarily in the research, development, manufacturing, production, or marketing of specified technologies, aerospace, communications, or transportation. Limits individual grants to $5 million. Requires each grant recipient under the program to: (1) designate an individual as the grant fund manager; (2) establish a grant investment committee; and (3) assign to each assisted business a grant collaborator. Directs the Assistant Secretary to monitor and evaluate program effectiveness.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 6 April 2011
Introduced in Senate (PDF)
Introduced in Senate · EN · 6 April 2011
Introduced in Senate
summary · EN · 6 April 2011
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/112th-congress/senate-bill/753
- Open data entity: https://api.congress.gov/v3/bill/112/s/753