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Incubator Network and Startup Success Act

2/9/2022, 3:11 AM

Congressional Summary of S 3329

Incubator Network and Startup Success Act

This bill requires the Department of Commerce to establish an incubator network and startup success program to award grants to networks of organizations that provide resources and services to accelerate the growth and success of startups. The bill places certain requirements on grant applicants to certify that their resources and services benefit entrepreneurs who are socially or economically disadvantaged individuals, women, veterans, or disabled individuals.

Current Status of Bill S 3329

Bill S 3329 is currently in the status of Bill Introduced since February 25, 2020. Bill S 3329 was introduced during Congress 116 and was introduced to the Senate on February 25, 2020.  Bill S 3329's most recent activity was Read twice and referred to the Committee on Commerce, Science, and Transportation. as of February 25, 2020

Bipartisan Support of Bill S 3329

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

Policy Area and Potential Impact of Bill S 3329

Primary Policy Focus

Commerce

Potential Impact Areas

- Business education
- Business investment and capital
- Department of Commerce
- Disability assistance
- Economic development
- Economic performance and conditions
- Government employee pay, benefits, personnel management
- Minority and disadvantaged businesses
- Rural conditions and development
- Small business
- State and local government operations
- Veterans' education, employment, rehabilitation
- Women in business

Alternate Title(s) of Bill S 3329

Incubator Network and Startup Success Act
Incubator Network and Startup Success Act
A bill to establish an incubator network and startup success program, and for other purposes.

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