2016-22284: Innovative Technologies in Manufacturing Loan Guarantee Program
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Through this notice of proposed rulemaking ("NPRM"), the Economic Development Administration ("EDA," or "the Agency"), U.S. Department of Commerce ("DOC"), proposes and requests comments on the Agency's implementation of section 26 of the Stevenson-Wydler Technology Innovation Act of 1980 (the "Stevenson-Wydler Act"), enacted as part of the America COMPETES Reauthorization Act of 2010 ("COMPETES Act"). The Stevenson-Wydler Act authorizes EDA to provide loan guarantees for obligations to small- and medium-sized manufacturers for the use or production of innovative technologies. These guarantees will enable innovative technology manufacturers to obtain capital otherwise unavailable to them.
The agency’s own summary, as published.
What this changes
Amends 1 part of the Code of Federal Regulations — the standing rules this notice rewrites.
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