S 2396 · 109th Congress · Commerce

Second-Stage Small Business Development Act of 2006

Introduced 2006-03-09· Sponsored by Sen. Santorum, Rick [R-PA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Small Business and Entrepreneurship.(2006-03-09)

Plain Language Summary

[AI summary unavailable — showing source text] 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

Cosponsors (1)

1 Republican