Summary: S.972 — 95th Congress (1977-1978)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Reported to Senate with amendment(s) (08/05/1977)

(Reported to Senate from the Select Committee on Small Business with amendment, S. Rept. 95-404)

Small Business Development Center Act - Authorizes the Small Business Administration to make grants to universities to assist them in developing centers to provide small businesses with a broad range of advice, information, and assistance. Limits the amount of such grant to no more than 75 percent of the cost of eligible activities in the operation or development of the center, except for grants to regional centers assisting State centers in research or other high cost activities.

Directs State and regional centers receiving grants to assist small businesses in solving problems concerning all disciplines required for small business growth and expansion. Sets forth the services to be provided by State and regional centers.

Establishes a Small Business Management and Technical Assistance Division within the Small Business Administration. to administer the Small Business Development Center program through an Associate Administrator.

Establishes a Small Business Development Center Advisory Board composed of 17 members to advise and confer with the Deputy Associate Administrator for Management and Technical Assistance.

Authorizes the Administration to make grants to universities, organizations, and business concerns to support research to solve problems which affect small business concerns.

Authorizes appropriations for grants and salaries and expenses of the Administration and the Board through fiscal year 1982.

Directs the Administration to establish an evaluation plan of the center program.