Necessary Entrepreneurship Workshops via the SBA to Transform and Assist Re-entry Training Act of 2023

2/20/2024, 2:05 PM

Necessary Entrepreneurship Workshops via the SBA to Transform and Assist Re-entry Training Act of 2023 or the NEW START Act of 2023

This bill establishes a pilot program for providing entrepreneurial development assistance to formerly incarcerated individuals.

Specifically, the bill requires the Small Business Administration to establish a pilot program whereby it awards grants to organizations or partnerships that create or support entrepreneurship programs for providing assistance to formerly incarcerated individuals. Such assistance shall be in the form of entrepreneurial development programming that may include the disbursement of microloans.

The Government Accountability Office must submit a report evaluating the (1) services that grant recipients provide to formerly incarcerated individuals, (2) oversight of the pilot program by the SBA, and (3) overall performance and impacts of the pilot program.

Congress
118

Number
S - 609

Introduced on
2023-03-01

# Amendments
0

Sponsors
+5

Variations and Revisions

3/1/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Necessary Entrepreneurship Workshops via the SBA to Transform and Assist Re-entry Training Act of 2023 or the NEW START Act of 2023

This bill establishes a pilot program for providing entrepreneurial development assistance to formerly incarcerated individuals.

Specifically, the bill requires the Small Business Administration to establish a pilot program whereby it awards grants to organizations or partnerships that create or support entrepreneurship programs for providing assistance to formerly incarcerated individuals. Such assistance shall be in the form of entrepreneurial development programming that may include the disbursement of microloans.

The Government Accountability Office must submit a report evaluating the (1) services that grant recipients provide to formerly incarcerated individuals, (2) oversight of the pilot program by the SBA, and (3) overall performance and impacts of the pilot program.

Alternative Names
Official Title as IntroducedA bill to establish a pilot program awarding competitive grants to organizations administering entrepreneurial development programming to formerly incarcerated individuals, and other purposes.

Policy Areas
Commerce

Comments

Recent Activity

Latest Summary6/7/2023

Necessary Entrepreneurship Workshops via the SBA to Transform and Assist Re-entry Training Act of 2023 or the NEW START Act of 2023

This bill establishes a pilot program for providing entrepreneurial development assistance to former...


Latest Action3/1/2023
Read twice and referred to the Committee on Small Business and Entrepreneurship.