H.R.3990 - Start-up America's Students Act114th Congress (2015-2016)
|Sponsor:||Rep. Swalwell, Eric [D-CA-15] (Introduced 11/05/2015)|
|Committees:||House - Small Business|
|Latest Action:||House - 11/05/2015 Referred to the House Committee on Small Business. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
Summary: H.R.3990 — 114th Congress (2015-2016)All Information (Except Text)
Introduced in House (11/05/2015)
Start-up America's Students Act
This bill amends the Small Business Act to direct the Small Business Administration to award competitive grants to institutions of higher education (with program participation agreements) for the purpose of establishing, maintaining, expanding, and improving business incubators operated by or affiliated with them.
A business incubator is a facility primarily used to provide space where start-up businesses in operation for under 4 years with 10 or fewer employees:
- share space, support staff or services, physical resources, or overhead expenses; and
- receive technical assistance, financial advice, or business planning services.