S. 1191 · 110th Congress
Growth Opportunity Act of 2007
- Stage
- In committee
- Sponsor
- Sherrod Brown
- Introduced
- 2007-04-24
- Latest action
- 2007-04-25 · Sponsor introductory remarks on measure.
Summary
Growth Opportunity Act of 2007 - Authorizes the Secretary of Commerce to award grants to states to establish revolving loan funds to provide loans to small manufacturers (less than $50 million in annual sales) for new product development. Limits grants to $10 million each and requires states to contribute at least 25% of the grant funds provided.