Sec. 4. Reporting requirements

381 words·~2 min read·/bill/117/hr/6450/eh/section-4

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The SCORE Association shall carry out a study on the future role of the SCORE program and develop a strategic plan for how the SCORE program will meet the needs of small business concerns during the 5-year period beginning on the date of the enactment of this Act, with specific objectives for the first, third, and fifth years of such 5-year period. Not later than the end of the 6-month period beginning on the date of the enactment of this Act, the SCORE Association shall submit to the Committee on Small Business of the House of Representatives and the Committee on Small Business and Entrepreneurship of the Senate a report containing— all findings and determination made in carrying out the study required under paragraph (1); the strategic plan developed under paragraph (1); and an explanation of how the SCORE Association plans to achieve the strategic plan, assuming both stagnant and increased funding levels.

Not later than 1 year after the date of the enactment of this Act, the Administrator of the Small Business Administration shall submit to the Committee on Small Business of the House of Representatives and the Committee on Small Business and Entrepreneurship of the Senate a report containing an assessment of the cost of leased space that is donated to the SCORE Association. Not later than 3 months after the last day of the first full fiscal year following the date of the enactment of this Act, the SCORE Association shall submit to the Committee on Small Business of the House of Representatives and the Committee on Small Business and Entrepreneurship of the Senate a report on the effectiveness of the online counseling services required under paragraph

(3)of section 8(c) of the Small Business Act, as added by section 2 of this Act, including a description of— how the SCORE Association determines electronic mentoring and webinar needs, develops training for electronic mentoring, establishes webinar criteria curricula, and evaluates webinar and electronic mentoring results; the internal controls that are used and a summary of the topics covered by the webinars; and performance metrics, including the number of small business concerns counseled by, the number of small business concerns created by, the number of jobs created and retained by, and the funding amounts directed towards such online counseling services.