Summary: H.R.3990 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.3990. Bill summaries are authored by CRS.

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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.