S 2185
Small Business Development Centers Improvement Act of 2023
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Small Business Development Centers Improvement Act of 2023, aims to strengthen the Small Business Development Centers (SBDCs) by requiring annual reports on their entrepreneurial development activities. It mandates detailed data collection on program operations, participant demographics, and outcomes, while also allowing SBDC grantees to use a portion of their budget for marketing. The bill establishes a working group to improve data collection methods and addresses oversight, funding, and limitations on grant awards to ensure SBDC effectiveness and accountability.
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Primary sponsor
Benjamin L. Cardin
Cosponsors
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