Startup in a Day Act of 2017

To direct the Administrator of the Small Business Administration to establish a competitive grant program to award grants to States and local governments for purposes of assisting entrepreneurs planning to start a small business concern. 1. Short title This Act may be cited as the Startup in a Day Act of 2017 2. Startup in a Day grant program (a) Establishment The Administrator of the Small Business Administration shall, from amounts appropriated pursuant to subsection (g), establish a competitive grant program to be known as the Startup in a Day Program (b) Application An eligible entity may submit an application to the Administrator, at a time and in a manner to be prescribed by the Administrator, describing activities the eligible entity would undertake to assist entrepreneurs planning to start a small business concern in a geographic area in the jurisdiction of the eligible entity. (c) Selection The Administrator shall select from among eligible entities submitting an application pursuant to subsection (b) grant recipients based on criteria to be prescribed by the Administrator. (d) Authorized use of funds Grants awarded under this section may be used by a grant recipient to carry out activities to assist entrepreneurs planning to start small business concerns, including— (1) developing, implementing, and improving Internet resources related to the small business concern startup process in the geographic area in the jurisdiction of the recipient; (2) assisting such entrepreneurs in registering and applying for any licenses or permits required by a State or a local government for starting a small business concern in such area; and (3) other activities the Administrator determines necessary. (e) Reports (1) Report to Administrator A recipient of a grant under this section shall submit to the Administrator, at a time and in a manner to be prescribed by the Administrator, a report detailing how grant funds were expended and describing the impact, if any, of activities funded by the grant on the opening of small business concerns in a geographic area in the jurisdiction of such recipient. (2) Report to Congress Not later than 90 days after the conclusion of each fiscal year for which the Administrator awards a grant under this section, the Administrator shall submit to Congress a report describing all such grants awarded for such fiscal year and analyzing the impact, if any, of such grants on the opening of small business concerns in the jurisdictions of eligible entities receiving such grants. (f) Definitions For purposes of this section, the following definitions apply: (1) Administrator The term Administrator (2) Eligible entity The term eligible entity (3) Local government The term local government (4) Small business concern The term small business concern 15 U.S.C. 632 (5) State The term State (g) Authorization of appropriations There are authorized to be appropriated to the Administrator for each of fiscal years 2018 through 2022 $1,000,000 for purposes of carrying out this section.

Summary: Startup in a Day Act of 2017 This bill requires the Small Business Administration to establish the Startup in a Day Program to award competitive grants to state or local governments to assist entrepreneurs planning to start a small business concern in complying with state and local requirements. State and local governments may use grants to: develop, implement, and improve Internet resources related to the small business concern startup process; and assist such entrepreneurs in registering and applying for any required licenses or permits.