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Boosting Small Business Access to Broadband and Emerging Technology.

This law establishes a new coordinator role within the Small Business Administration (SBA) dedicated to helping small businesses adopt high-speed internet and modern technologies like AI and cloud computing. The goal is to enhance the competitiveness and productivity of these businesses, potentially leading to better services for consumers. The act also mandates a study to evaluate how broadband availability and cost impact small firms nationwide.
Key points
Creation of a dedicated coordinator within the SBA to help small businesses implement modern technologies (AI, robotics, blockchain).
Mandatory training for SBA employees to better advise entrepreneurs on digital technology adoption.
Mandating a nationwide study to assess how the availability and price of broadband internet affect small businesses.
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Additional Information
Print number: 118_S_2677
Sponsor: Sen. Shaheen, Jeanne [D-NH]
Process start date: 2023-07-27