Modernizing SCORE: Better Business Coaching and Digital Skills for Entrepreneurs.
This Act reauthorizes and modernizes the SCORE program, which provides free business coaching to small businesses. It mandates coach certification, requiring expertise in modern practices like e-commerce and digital marketing, ensuring higher quality advice. The legislation also establishes the National Women's Business Coaches (NWBC) to provide specialized support and digital training, particularly benefiting entrepreneurs in rural areas and women business owners.
Key points
Mandatory certification for SCORE coaches, requiring relevant knowledge of modern business practices, including e-commerce and digital marketing.
Creation of the National Women's Business Coaches (NWBC) to offer specialized workshops and a Coach Match Program for women entrepreneurs.
Implementation of strict performance standards for SCORE volunteers, leading to termination if standards are consistently unmet, ensuring service quality.
Increased focus on serving rural areas through virtual initiatives and expanding online counseling services.
Status:
Expired
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