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118-hr-9486Committee
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Innovation and Empowerment for Startups Act

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Summary

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This bill establishes a $1.25 billion grant program within the Small Business Administration to provide funding to business accelerators and incubators that serve women-owned and rural small businesses. Grant recipients would use funds to offer consulting, training, workshops, networking events, and assistance with capital access to eligible entrepreneurs. The bill requires grant recipients to report on program outcomes and authorizes the SBA to monitor the program's effectiveness.

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Values analysis

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Bill details

Congress
118
Bill type
hr
Introduced
September 6, 2024
Sponsor
Not yet available
Last action
September 6, 2024— Referred to the House Committee on Small Business.

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