3.0.0 2850 2023-01-11T13:25:26Z 2023-01-11T13:25:26Z Senate S S 2014-09-17 113 sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2014-09-17T23:00:12Z 2014-09-17 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2014-09-17 Sponsor introductory remarks on measure. (CR S5700-5701) IntroReferral B00100 9 Library of Congress 2014-09-17 Introduced in Senate IntroReferral 10000 9 Library of Congress B001288 Sen. Booker, Cory A. [D-NJ] Cory Booker D NJ N Commerce Business investment and capital Government information and archives Small business Commerce 00 2014-09-17 Introduced in Senate 2014-10-03T19:37:14Z Startup Opportunity Accelerator Act of 2014 or the SOAR Act - Amends the Small Business Act to require the Administrator of the Small Business Administration (SBA) to develop a program to award cash prizes of up to $50,000 to organizations in the United States whose primary purpose is to support new small businesses that have been in operation for five years or less.

Authorizes the use of a prize for construction costs, space acquisition, and programmatic purposes. Prohibits its use for capital or professional services to new small businesses.

Requires a prize recipient to provide assistance to at least 10 new small businesses per year.

]]> SOAR Act Display Title SOAR Act Official Title as Introduced A bill to amend the Small Business Act to create a program to provide funding for 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 Senate IS Short Titles as Introduced SOAR Act Short Titles as Introduced Startup Opportunity Accelerator Act of 2014 Introduced in Senate 2014-09-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s2850is/xml/BILLS-113s2850is.xml 2014-09-17 Read twice and referred to the Committee on Small Business and Entrepreneurship. 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.