H.R.5878 - Minority Entrepreneurship and Innovation Pilot Program of 2006109th Congress (2005-2006)
|Sponsor:||Rep. Cummings, Elijah E. [D-MD-7] (Introduced 07/25/2006)|
|Committees:||House - Education and the Workforce; Small Business|
|Latest Action:||09/28/2006 Referred to the Subcommittee on Select Education. (All Actions)|
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Summary: H.R.5878 — 109th Congress (2005-2006)All Bill Information (Except Text)
Introduced in House (07/25/2006)
Minority Entrepreneurship and Innovation Pilot Program of 2006 - Directs the Administrator of the Small Business Administration to make grants to historically Black colleges and universities, Tribal Colleges, and Hispanic serving institutions, or to any entity formed by a combination of such institutions: (1) to assist in establishing an entrepreneurship curriculum for undergraduate or graduate studies; and (2) for the placement of small business development centers on the physical campus of the institution.
Requires an institution of higher education receiving a grant to: (1) develop a curriculum that includes training in various skill sets needed by successful entrepreneurs; and (2) open a small business development center.
Limits this pilot program to two fiscal years, and a grant to $1 million per fiscal year for any one institution of higher education.