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Advancing Tech Startups: Study and Innovation Development

This act requires the Secretary of Commerce to study the impact of technology startup companies on the U.S. economy. The goal is to better understand their operations, identify challenges, and develop plans to support their growth, potentially leading to new jobs and innovations for citizens.
Key points
The government will study where and how tech companies are developing in the U.S., including incubators and public-private partnerships.
Federal agencies overseeing startups and their relevant regulations will be identified.
An analysis of marketplaces and supply chains will be conducted to assess risks and trends affecting tech company growth.
Based on the study, recommendations for new legislation will be prepared to support the creation and growth of tech startups and mitigate risks.
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Additional Information
Print number: 118_HR_5398
Sponsor: Rep. Johnson, Bill [R-OH-6]
Process start date: 2023-09-12