Ushering Progress by Leveraging Innovation and Future Technology Act of 2019 or the UPLIFT Act of 2019 This bill requires the Small Business Administration (SBA) to establish the Innovation Centers Program for providing assistance to startups and new or growing small businesses. Under the program, the SBA may enter into cooperative agreements to provide financial assistance to historically Black colleges and universities, minority-serving institutions, and community colleges. Such entities shall then undertake five-year projects operating as an innovation-focused small business accelerator or incubator. Projects must involve working with underserved groups, include the joint provision of programs and services by the entities and the SBA, and ensure participating small businesses have access to regulatory information that affects them.
Business educationBusiness investment and capitalCongressional oversightDisability and paralysisEconomic developmentEconomic performance and conditionsEducation programs fundingGovernment information and archivesGovernment lending and loan guaranteesMinority and disadvantaged businessesMinority educationRural conditions and developmentSmall businessVeterans' education, employment, rehabilitationWomen in business
UPLIFT Act of 2019
USA116th CongressS-2717| Senate
| Updated: 10/28/2019
Ushering Progress by Leveraging Innovation and Future Technology Act of 2019 or the UPLIFT Act of 2019 This bill requires the Small Business Administration (SBA) to establish the Innovation Centers Program for providing assistance to startups and new or growing small businesses. Under the program, the SBA may enter into cooperative agreements to provide financial assistance to historically Black colleges and universities, minority-serving institutions, and community colleges. Such entities shall then undertake five-year projects operating as an innovation-focused small business accelerator or incubator. Projects must involve working with underserved groups, include the joint provision of programs and services by the entities and the SBA, and ensure participating small businesses have access to regulatory information that affects them.
Business educationBusiness investment and capitalCongressional oversightDisability and paralysisEconomic developmentEconomic performance and conditionsEducation programs fundingGovernment information and archivesGovernment lending and loan guaranteesMinority and disadvantaged businessesMinority educationRural conditions and developmentSmall businessVeterans' education, employment, rehabilitationWomen in business