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Code · BILL · 117th Congress · S. 5220 (Introduced in Senate) — To reauthorize programs of the Small Business Administration, and for other purposes. · Sec. 701

Sec. 701. Veteran Federal procurement entrepreneurship training program

228 words·~1 min read·/bill/117/s/5220/is/section-701

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Section 32 of the Small Business Act ( 15 U.S.C. 657b ) is amended by striking subsection
(f)and inserting the following: The Administrator, acting through the Associate Administrator, shall make grants to, or enter into a cooperative agreement with, not more than 1 nonprofit entity to operate a Federal procurement entrepreneurship training program to provide assistance to small business concerns owned and controlled by veterans regarding how to increase the likelihood of being awarded contracts with the Federal Government— which shall be made to or entered into with a nonprofit entity that has a track record of successfully providing educational and job training services to targeted veteran populations from diverse locations; under which the nonprofit entity may, at the discretion of the Administrator, be required to match any Federal funds received for the program with State, local, or private sector funds; and under which the nonprofit entity shall use a diverse group of professional service experts, such as Federal, State, and local contracting experts and private sector industry experts with first-hand experience in Federal Government contracting, to provide instruction to small business concerns owned and controlled by veterans. . There are authorized to be appropriated to the Administration, $1,000,000 for each of fiscal years 2023 through 2027 to carry out section 32 of the Small Business Act ( 15 U.S.C. 657b ), as amended by subsection (a).
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Sec. 701
Veteran Federal procurement entrepreneurship training program
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