Helps small businesses and underrepresented groups get federal grants.
This bill would keep a program that helps small businesses going until 2030. It would also make the Small Business Administration offer more help to businesses in states that don't get many federal research grants. On top of that, it would increase efforts to reach researchers at minority and Hispanic-serving colleges.
Today, the FAST program, which helps small businesses, officially ended on September 30, 2005. Also, the Small Business Administration is not currently required to give specific application help for federal research grants to states with fewer awards or to do better outreach to minority and Hispanic-serving institutions. If this bill becomes law, the FAST program would be extended until September 30, 2030, and the SBA would be required to offer targeted application help and better outreach for these groups.
HR 4520 · 119th Congress · July 17, 2025 · AI Summary by gemini-2.5-flash · 8/10
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