legislation: 113-s-2850

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
113-s-2850 113 s 2850 SOAR Act Commerce 2014-09-17 2014-09-17 Read twice and referred to the Committee on Small Business and Entrepreneurship. Senate Sen. Booker, Cory A. [D-NJ] NJ D B001288 0 Startup Opportunity Accelerator Act of 2014 or the SOAR Act - Amends the Small Business Act to require the Administrator of the Small Business Administration (SBA) to develop a program to award cash prizes of up to $50,000 to organizations in the United States whose primary purpose is to support new small businesses that have been in operation for five years or less. Authorizes the use of a prize for construction costs, space acquisition, and programmatic purposes. Prohibits its use for capital or professional services to new small businesses. Requires a prize recipient to provide assistance to at least 10 new small businesses per year. 2023-01-11T13:25:26Z  

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