Small Business Technological Advancement Act

Hozzl · 2024-03-13T03:53:22Z

Explore the details of Senate Bill 2330 Small Business Technological Advancement Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

3/13/2024, 3:53 AM

Summary of Bill S 2330

Bill 118 s 2330, also known as the Small Business Technological Advancement Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to provide support and resources for small businesses to help them adopt and utilize new technologies in order to improve their operations and competitiveness in the market.

The bill includes provisions for grants and funding opportunities for small businesses to invest in technological advancements such as automation, artificial intelligence, and digital marketing. These resources are intended to help small businesses streamline their processes, reduce costs, and reach new customers in an increasingly digital economy.

Additionally, the Small Business Technological Advancement Act aims to promote collaboration between small businesses and technology providers, encouraging partnerships that can help small businesses leverage the latest innovations to grow and succeed. The bill also includes measures to ensure that small businesses have access to the training and support they need to effectively implement new technologies. Overall, the Small Business Technological Advancement Act is designed to help small businesses stay competitive in a rapidly evolving technological landscape, ultimately supporting their growth and success in the marketplace.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill S 2330

Bill S 2330 is currently in the status of Bill Introduced since July 18, 2023. Bill S 2330 was introduced during Congress 118 and was introduced to the Senate on July 18, 2023. Bill S 2330's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of July 18, 2023

Bipartisan Support of Bill S 2330

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 2330

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 2330

Small Business Technological Advancement Act

A bill to authorize the Small Business Administration to provide business loans to finance business software or cloud computing services, and for other purposes.