S.2717 - UPLIFT Act of 2019116th Congress (2019-2020)
|Sponsor:||Sen. Cardin, Benjamin L. [D-MD] (Introduced 10/28/2019)|
|Committees:||Senate - Small Business and Entrepreneurship|
|Latest Action:||Senate - 10/28/2019 Read twice and referred to the Committee on Small Business and Entrepreneurship. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
Summary: S.2717 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (10/28/2019)
Ushering Progress by Leveraging Innovation and Future Technology Act of 2019 or the UPLIFT Act of 2019
This bill requires the Small Business Administration (SBA) to establish the Innovation Centers Program for providing assistance to startups and new or growing small businesses.
Under the program, the SBA may enter into cooperative agreements to provide financial assistance to historically Black colleges and universities, minority-serving institutions, and community colleges. Such entities shall then undertake five-year projects operating as an innovation-focused small business accelerator or incubator. Projects must involve working with underserved groups, include the joint provision of programs and services by the entities and the SBA, and ensure participating small businesses have access to regulatory information that affects them.