Bill 118 s 3375, also known as the Accelerating Small Business Growth Act, is a piece of legislation introduced in the US Congress with the aim of promoting the growth and success of small businesses in the country. The bill focuses on providing support and resources to small businesses to help them thrive and expand.
One key aspect of the bill is the establishment of a Small Business Investment Company (SBIC) program, which would provide funding and investment opportunities to small businesses. This program aims to help small businesses access the capital they need to grow and create jobs.
Additionally, the bill includes provisions to streamline regulations and reduce red tape for small businesses. This would make it easier for small businesses to navigate the regulatory environment and focus on their growth and success.
Overall, the Accelerating Small Business Growth Act is designed to support and empower small businesses in the US, with the goal of boosting economic growth and creating opportunities for entrepreneurs.