U.S. Congress - H.R.3738 Small Business Early-Stage Investment Act of 2009
H.R.3738 - Small Business Early-Stage Investment Act of 2009
To amend the Small Business Investment Act of 1958 to establish a program for the Small Business Administration to provide financing to support early-stage small businesses in targeted industries, and for other purposes. view all titles (3)
All Bill Titles
- Official: To amend the Small Business Investment Act of 1958 to establish a program for the Small Business Administration to provide financing to support early-stage small businesses in targeted industries, and for other purposes. as introduced.
- Short: Small Business Early-Stage Investment Act of 2009 as introduced.
- Short: Small Business Early-Stage Investment Act of 2009 as passed house.
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Official Summary
11/18/2009--Passed House amended. Small Business Early-Stage Investment Act of 2009 - Amends the Small Business Investment Act of 1958 to direct the Administrator of the Small Business Administration (SBA) to establish and carry out a program to provide equity investment financing to suppoOfficial Summary
11/18/2009--Passed House amended. Small Business Early-Stage Investment Act of 2009 - Amends the Small Business Investment Act of 1958 to direct the Administrator of the Small Business Administration (SBA) to establish and carry out a program to provide equity investment financing to support early-stage small businesses in the following targeted industries:(1) agricultural technology;
(2) energy technology;
(3) environmental technology;
(4) life science;
(5) information technology;
(6) digital media;
(7) clean technology;
(8) defense technology; and
(9) photonics technology. Directs the Administrator to make grants to participating investment companies under the program and limits to $100 million the aggregate amount of all grants made to a participating investment company under the program. Requires, as a condition of receiving a grant under the program, all of the investments of participating investment companies to be in small businesses, and at least 50% to be in early-stage small businesses in the targeted industries. Directs the Administrator to monitory participant compliance with such requirements. Establishes a separate Treasury fund for such grants. Authorizes appropriations. Prohibits funds appropriated for such purpose from being used for a congressional earmark.
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Organizations Supporting H.R.3738
- National Venture Capital Association
- Association of Investment Companies
- National Association of Small Business Investment Companies
- American Electronics Association
- Cyber Security Industry Alliance
- Information Technology Association of America
- ...and 2 more. See all.
Organizations Opposing H.R.3738
- None via MapLight at this time.
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Recent Blog Coverage
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H.R. 5297 – The Small Business and Jobs Creation Bill | CPEhr
This program has twice passed the House of Representatives, in the Small Business Financing and Investment Act – H.R. 3854 – and again in the Small Business Early Stage Investment Act of 2009 – H.R. 3738, with strong bipartisan support. ...
Dot Calm's Page of Truth & Sedition: 372 Bills That Have Been ...
268) H.R. 3738, Small Business Early-Stage Investment Act 269) H.R. 3743, Small Business Disaster Readiness and Reform Act 270) H.R. 3759, BLM Contract Extension Act 271) H.R. 3763, Making Certain Amendments to Fair Credit Reporting Act ...
Honda Beat 2009 CW (2793 KM) « Jual Beli Online – Noafgan.com
Small Business Early-Stage Investment Act of 2009: H.R. 3738, ..... Graves, Sam, Mo., E2793, E2795, E2797, E2798, E2800. Higgins, Brian, N.Y., E2800, E2802. Honda, Michael M., Calif., E2805. Israel, Steve, N.Y., E2802 . ...
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