Sec. 203. Educational development relating to management and entrepreneurship
462 words·~2 min read·
/bill/117/hr/2689/ih/section-203·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Assistant Secretary shall, whenever the Assistant Secretary determines such action is necessary or appropriate— promote and provide assistance for the education and training of socially and economically disadvantaged individuals in subjects directly relating to business administration and management; join with, and encourage, institutions of higher education, leaders in business and industry, and other public sector and private sector entities, particularly minority business enterprises, to— develop programs to offer scholarships and fellowships, apprenticeships, and internships relating to business to socially and economically disadvantaged individuals; and sponsor seminars, conferences, and similar activities relating to business for the benefit of socially and economically disadvantaged individuals; stimulate and accelerate curriculum design and improvement in support of development of minority business enterprises; and encourage and assist private institutions and organizations and public sector entities to undertake activities similar to the activities described in paragraphs (1), (2), and (3).
In this subsection, the term eligible institution means an institution of higher education described in any of paragraphs
(1)through
(7)of section 371(a) of the Higher Education Act of 1965 ( 20 U.S.C. 1067q(a) ). The Assistant Secretary shall award grants to eligible institutions to develop and implement entrepreneurship curricula. An eligible institution to which a grant is awarded under this subsection shall use the grant funds to— develop a curriculum that includes training in various skill sets needed by contemporary successful entrepreneurs, including— business management and marketing; financial management and accounting; market analysis; competitive analysis; innovation; strategic planning; and any other skill set that the eligible institution determines is necessary for the students served by the eligible institution and the community in which the eligible institution is located; and implement the curriculum developed under subparagraph
(A)at the eligible institution. The Assistant Secretary shall establish and publish a timeline under which an eligible institution to which a grant is awarded under this section shall carry out the requirements under paragraph (3). Each year, the Assistant Secretary shall submit to the Committee on Commerce, Science, and Transportation of the Senate, the Committee on Small Business and Entrepreneurship of the Senate, the Committee on Financial Services of the House of Representatives, and the Committee on Small Business of the House of Representatives, as part of the annual budget submission of the President under section 1105(a) of title 31, United States Code, a report evaluating the awarding and use of grants under this subsection during the fiscal year immediately preceding the date on which the report is submitted, which shall include, with respect to that fiscal year— a description of each curriculum developed and implemented under each grant awarded under this section; the date on which each grant awarded under this section was awarded; and the number of eligible entities that were recipients of grants awarded under this section.
Connectionstraces to 1
Traces to 1 document
Citation graph
cites case law
Sec. 203
Educational development relating to management and entrepreneurship
Cites 1Cited by 0 across 0 sources