Early-Stage Business Investment and Incubation Act of 2011
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S 753 — Early-Stage Business Investment and Incubation Act of 2011
Last action — Read twice and referred to the Committee on Commerce, Science, and Transportation.
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✓Introduced
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✓In Committee
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Died in session
This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Early-Stage Business Investment and Incubation Act of 2011 - Directs the Assistant Secretary of Commerce for Economic Development to establish an early-stage business investment and incubation grant program (program) to support the development of early-stage businesses engaged primarily in the research, development, manufacturing, production, or marketing of specified technologies, aerospace, communications, or transportation. Limits individual grants to $5 million. Requires each grant recipient under the program to: (1) designate an individual as the grant fund manager; (2) establish a grant investment committee; and (3) assign to each assisted business a grant collaborator. Directs the Assistant Secretary to monitor and evaluate program effectiveness.
Bill Text
We don't have the full text on file for this bill yet.
Read S 753 on the official United States source →Action History
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Read twice and referred to the Committee on Commerce, Science, and Transportation.
Sponsors
- Kirsten Gillibrand · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does S 753 do?
- Early-Stage Business Investment and Incubation Act of 2011 - Directs the Assistant Secretary of Commerce for Economic Development to establish an early-stage business investment and incubation grant program (program) to support the development of early-stage businesses engaged primarily in the research, development, manufacturing, production, or marketing of specified technologies, aerospace, communications, or transportation. Limits individual grants to $5 million. Requires each grant recipient under the program to: (1) designate an individual as the grant fund manager; (2) establish a grant investment committee; and (3) assign to each assisted business a grant collaborator. Directs the Assistant Secretary to monitor and evaluate program effectiveness.
- Who sponsors S 753?
- S 753 is sponsored by Kirsten Gillibrand (D).
- What is the current status of S 753?
- This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track S 753?
- Track S 753 free on One Click Politics — get push/email alerts when it moves.
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