3.0.0 4059 2023-01-11T13:26:59Z 2023-01-11T13:26:59Z House H HR 2014-02-14 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SCHNEIDER:H.R. 4059.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1: The Congress shall havePower to . . . provide for the . . . general Welfare of theUnited States.Article I, Section 8, Clause 18: To make all Laws whichshall be necessary and proper for carrying into Execution theforegoing Powers, and all other Powers vested by thisConstitution in the Government of the United States, or inany Department or Officer thereof.[Page H1777]]]> hssm00 Small Business Committee House Standing Referred to 2014-02-14T19:01:05Z 2014-02-14 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2014-02-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-02-14 Introduced in House IntroReferral 1000 9 Library of Congress S001190 Rep. Schneider, Bradley Scott [D-IL-10] Bradley Schneider D IL Scott 10 N C001080 Rep. Chu, Judy [D-CA-27] Judy Chu D CA 27 2014-04-29 False P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 2014-07-10 False Commerce Business investment and capital Government information and archives Small business User charges and fees Commerce 00 2014-02-14 Introduced in House 2014-05-09T15:22:40Z Accelerate Our Startups Act of 2014 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to develop and implement a grant program for state and local governmental and other nonprofit organizations located in the United States that support startup businesses by providing assistance for construction costs, space acquisition, and programmatic purposes.

Requires a grant recipient to: (1) demonstrate that it will use the grant to provide assistance to at least five client businesses per year that have been in business for less than five years, (2) require client businesses to pay an entry fee to participate in the program, and (3) submit annual progress reports.

Directs the Administrator: (1) to establish grant criteria favoring recipients that provide startups with office, manufacturing, or warehouse space, access to capital and professional services, and a formal structured mentorship or developmental program that assists with building business skills and competencies; and (2) in determining whether to make a grant, to take into account promoting growth in underserviced areas with sufficient population density and the organization's entrepreneurial leadership experience, ability to utilize and leverage local strengths, and record with regard to client business participation.

Directs the SBA to condition receipt of a grant under this Act on the recipient obtaining matching funding for the same purposes from a local or state government grant and nonpublic funding.

]]> Accelerate Our Startups Act of 2014 Display Title Accelerate Our Startups Act of 2014 Official Title as Introduced To amend the Small Business Act to create a grant program for governmental and other nonprofit organizations that support startup businesses in formation and early growth stages by providing entrepreneurs with resources and services to produce viable businesses, and for other purposes. Introduced in House IH Short Titles as Introduced Accelerate Our Startups Act of 2014 Introduced in House 2014-02-14T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4059ih/xml/BILLS-113hr4059ih.xml 2014-02-14 Referred to the House Committee on Small Business. 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.