arrow_back Back to App

Women's Business Support: New Rules and Funding

This act strengthens programs supporting women in business, offering them better access to training, counseling, and capital. It increases funding for women's business centers and introduces new oversight rules to ensure effective spending. The goal is to make it easier for women to start, operate, and grow their own businesses.
Key points
Increased annual funding for women's business centers to $300,000, with the possibility of multiple 5-year grant renewals.
Introduction of an accreditation requirement for business centers to ensure high-quality services.
Establishment of an Office of Women's Business Ownership within the Small Business Administration, responsible for program oversight and coordination.
Implementation of detailed reporting and financial control requirements to ensure transparency and accountability in managing public funds.
Ensuring the privacy of personal data of individuals receiving assistance from centers, with exceptions for specific audit or legal situations.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_6441
Sponsor: Rep. Davids, Sharice [D-KS-3]
Process start date: 2022-01-20