S 2396 · 109th Congress · Commerce
Second-Stage Small Business Development Act of 2006
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Small Business and Entrepreneurship.(2006-03-09)
Plain Language Summary
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Second-Stage Small Business Development Act of 2006 - Directs the Administrator of the Small Business Administration (SBA) to carry out a four-year pilot program to make grants to eligible entities for the development of peer learning opportunities for second-stage small businesses. Defines a "second-stage small business concern" as one that: (1) has experienced high growth in specified demonstrable ways; and (2) does not exceed the size standard for the North American Industrial Classification System code of such concern. Provides a minimum grant amount of $50,000.…
Summarized by Claude AI · Non-partisan · For informational purposes only