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Small Business Development Centers Improvement Act of 2023

12/15/2023, 4:08 PM

Summary of Bill S 2185

Bill 118 s 2185, also known as the Small Business Development Centers Improvement Act of 2023, aims to enhance the effectiveness and efficiency of Small Business Development Centers (SBDCs) across the United States. SBDCs are organizations that provide assistance to small businesses in areas such as business planning, marketing, and financial management.

The key provisions of this bill include increasing funding for SBDCs to expand their services and reach more small businesses. It also calls for the establishment of performance metrics to evaluate the impact of SBDCs on the success of small businesses. Additionally, the bill seeks to improve coordination between SBDCs and other small business assistance programs to ensure that resources are being utilized effectively.

Overall, the Small Business Development Centers Improvement Act of 2023 aims to strengthen the support system for small businesses in the US by enhancing the capabilities of SBDCs and ensuring that they are able to provide high-quality assistance to entrepreneurs and small business owners.

Current Status of Bill S 2185

Bill S 2185 is currently in the status of Bill Introduced since June 22, 2023. Bill S 2185 was introduced during Congress 118 and was introduced to the Senate on June 22, 2023.  Bill S 2185's most recent activity was Committee on Small Business and Entrepreneurship. Hearings held. as of November 1, 2023

Bipartisan Support of Bill S 2185

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
10
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2185

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 2185

Small Business Development Centers Improvement Act of 2023
Small Business Development Centers Improvement Act of 2023
A bill to amend the Small Business Act to require an annual report on entrepreneurial development programs, and for other purposes.

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