Legis Daily

PROMISE Act

USA116th CongressS-2126| Senate 
| Updated: 7/16/2019
Tim Scott

Tim Scott

Republican Senator

South Carolina

Cosponsors (1)
Christopher A. Coons (Democratic)

Small Business and Entrepreneurship Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Promoting Robust Opportunities for Minority Institutions and Strengthening Entrepreneurship Act or the PROMISE Act This bill requires the Small Business Administration (SBA) to report on various aspects of its relationship with historically black colleges and universities (HBCUs), including the number of small business development centers located at HBCUs, the number of women's business centers and Veteran Business Outreach Centers that have partnerships with HBCUs, and the number of hours of training and education provided by a program overseen by the Office of Entrepreneurial Development of the SBA to students and graduates of HBCUs. In addition, the SBA is directed to promote entrepreneurship and small business opportunities at HBCUs by conducting outreach and providing access to programs, resources, and opportunities offered by the SBA.
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Timeline
Jul 16, 2019
Introduced in Senate
Jul 16, 2019
Read twice and referred to the Committee on Small Business and Entrepreneurship.
  • July 16, 2019
    Introduced in Senate


  • July 16, 2019
    Read twice and referred to the Committee on Small Business and Entrepreneurship.

Commerce

Business educationCongressional oversightHigher educationMinority and disadvantaged businessesMinority educationSmall businessVeterans' education, employment, rehabilitationWomen in business

PROMISE Act

USA116th CongressS-2126| Senate 
| Updated: 7/16/2019
Promoting Robust Opportunities for Minority Institutions and Strengthening Entrepreneurship Act or the PROMISE Act This bill requires the Small Business Administration (SBA) to report on various aspects of its relationship with historically black colleges and universities (HBCUs), including the number of small business development centers located at HBCUs, the number of women's business centers and Veteran Business Outreach Centers that have partnerships with HBCUs, and the number of hours of training and education provided by a program overseen by the Office of Entrepreneurial Development of the SBA to students and graduates of HBCUs. In addition, the SBA is directed to promote entrepreneurship and small business opportunities at HBCUs by conducting outreach and providing access to programs, resources, and opportunities offered by the SBA.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 16, 2019
Introduced in Senate
Jul 16, 2019
Read twice and referred to the Committee on Small Business and Entrepreneurship.
  • July 16, 2019
    Introduced in Senate


  • July 16, 2019
    Read twice and referred to the Committee on Small Business and Entrepreneurship.
Tim Scott

Tim Scott

Republican Senator

South Carolina

Cosponsors (1)
Christopher A. Coons (Democratic)

Small Business and Entrepreneurship Committee

Commerce

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business educationCongressional oversightHigher educationMinority and disadvantaged businessesMinority educationSmall businessVeterans' education, employment, rehabilitationWomen in business