H.R.1010 - Ushering Progress by Leveraging Innovation and Future Technology Act of 2021117th Congress (2021-2022) |
|Sponsor:||Rep. Mfume, Kweisi [D-MD-7] (Introduced 02/11/2021)|
|Committees:||House - Small Business|
|Latest Action:||House - 02/11/2021 Referred to the House Committee on Small Business. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.1010 — 117th Congress (2021-2022)All Information (Except Text)
Introduced in House (02/11/2021)
Ushering Progress by Leveraging Innovation and Future Technology Act of 2021 or the UPLIFT Act of 2021
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 must then undertake five-year projects operating as an innovation-focused small business accelerator or incubator. These 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.