HR 4422 · 111th Congress · Commerce

Minority Entrepreneurship and Business Development Act

Introduced 2010-01-12· Sponsored by Rep. Sestak, Joe [D-PA-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Rural Development, Entrepreneurship and Trade.(2010-02-23)

Plain Language Summary

[AI summary unavailable — showing source text] Minority Entrepreneurship and Business Development Act - Requires the Director of the Minority Small Business Development Agency (Agency) to make grants to an educational institution, association, or organization: (1) to assist in establishing an enterprise curriculum for studies; and (2) for placement of a Minority Business Enterprise Center within such institution, association, or organization. Requires an entity receiving a grant to: (1) develop a curriculum and capacity training requirement that includes training in various skill sets needed by successful entrepreneurs; and (2) open such a Center. Limits grants to $1.5 million per fiscal year, and grant duration to three years. Establishes within the Agency an Office of Minority Entrepreneurship and Business Development, administered by an Associate Director.…

Summarized by Claude AI · Non-partisan · For informational purposes only