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$10 Billion Fund to Boost US Manufacturing and Small Business Supply Chains.

This law establishes a new $10 billion investment facility dedicated to strengthening the domestic manufacturing supply chain. The funds will flow to small US manufacturing businesses, aiming to create and preserve jobs and increase economic resilience. Citizens benefit from a more stable supply of goods and support for local industry.
Key points
A new $10 billion investment fund specifically targeting small manufacturing businesses in the United States.
The goal is to create or preserve jobs and enhance the resilience of domestic supply chains against future disruptions.
The law simplifies the process for new investment companies to access capital and includes a program for new or underrepresented fund managers.
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Additional Information
Print number: 118_S_46
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2023-01-24