H.R. 1283 · 113th Congress

Main Street Stabilization Act of 2013

Stage
In committee
Introduced
2013-03-20
Latest action
2013-03-20 · Introduced in House

Summary

Main Street Stabilization Act of 2013 - Directs the Small Business Administration (SBA) to establish a grant program for small business development centers.

Requires program funding to be used for: (1) the development of business advisory capacity, (2) the development of online tools and resources for struggling small businesses, (3) the deployment of additional resources to help industry sectors with a high presence of small businesses, and (4) the development of a listing of financing options for small business capital access.

Prohibits the SBA from awarding an entity under this Act more than $250,000 in grant funds.