3.0.0 3214 2019-11-15T21:59:32Z 2019-11-15T21:59:32Z Senate S S 2012-05-22 112 sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2012-05-22T19:28:18Z TEAM Act 112 5944 HR 2012-09-26 Referred to the Subcommittee on Higher Education and Workforce Training. Related bill CRS 2012-05-22 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S3425-3426) IntroReferral 2012-05-22 Sponsor introductory remarks on measure. (CR S3424-3435) IntroReferral B00100 9 Library of Congress 2012-05-22 Introduced in Senate IntroReferral 10000 9 Library of Congress L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA N L000304 Sen. Lieberman, Joseph I. [ID-CT] JOSEPH LIEBERMAN ID CT I. 2012-05-22 True K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2012-05-22 True H000206 Sen. Harkin, Tom [D-IA] THOMAS HARKIN D IA RICHARD 2012-05-22 True Commerce Business investment and capital Elementary and secondary education Executive agency funding and structure Government information and archives Higher education Small Business Administration Small business Student aid and college costs Teaching, teachers, curricula Commerce 00 2012-05-22 Introduced in Senate 2012-07-31T21:40:24Z Today's Entrepreneurs are America's Mentors Act or TEAM Act - Amends the Small Business Act to establish in the Small Business Administration (SBA) an Office of Entrepreneurial Education, headed by a Director, to develop and provide innovative entrepreneurial information, education, and resources to promote prospective entrepreneurs and successful small businesses. Directs the SBA's Associate Administrator for Entrepreneurial Development to establish a program of grants to nonprofit organizations to provide technical assistance to primary and secondary schools for the development and implementation of curricula and mentoring programs designed to promote entrepreneurship. Requires the Director to submit to the congressional small business committees best practices of U.S. entrepreneurial education and training programs.

Authorizes the SBA Administrator to award up to 100 scholarships per year to students pursuing a Masters of Business Administration degree. Requires each student, in return for such scholarship, to provide, on a full-time basis for one to two weeks, free technical assistance, counseling, and related assistance to small businesses and entrepreneurs.

Directs the Administrator to establish a program to host regional competitions and a national conference to address regional challenges through entrepreneurial research and business planning.

Requires the Administrator to recommend to Congress legislation for establishing programs to forgive or defer student loan payments in order to assist youth entrepreneurship by making capital available for business formation.

]]> TEAM Act Short Titles as Introduced TEAM Act Short Titles as Introduced Today's Entrepreneurs are America's Mentors Act Display Title TEAM Act Official Title as Introduced A bill to strengthen entrepreneurial education, and for other purposes. Introduced in Senate 2012-05-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s3214is/xml/BILLS-112s3214is.xml 2012-05-22 Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S3425-3426) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.