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United States · Bill · S

S. 753 (112th)

Early-Stage Business Investment and Incubation Act of 2011

referredUnited States· United States Congress· EN

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

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Sources

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