italists from across the United States to help 
advise fellows. 
‘‘(2) PARTNERSHIP.—The Committee shall de-
velop a partnership with the mentor-protege pro-
gram for small business concerns eligible to receive 
contracts pursuant to section 8(a) to assign a men-
tor during the second year of the fellowship to any 
fellow that has proposed a small business concern 
that may be eligible to receive contracts pursuant to 
section 8(a). 
‘‘(3) RESOURCES.—In providing mentorship 
under paragraph (1), each resource partner de-
scribed in that paragraph shall engage the resources 
of the Administration in each State, including 
through partnerships with community organizations. 
‘‘(4) SENSE OF CONGRESS.—It is the sense of 
Congress that— 
‘‘(A) in addition to the mentor assigned 
under paragraph (1)(A), the Committee should 
make a good faith effort to pair each fellow 
with a mentor located in the region in which 
the designated SCORE chapter of the fellow is 
located; and 
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‘‘(B) fellows should be encouraged to be-
come mentors under the Program after comple-
tion of their participation in the Program. 
‘‘(f) IMMERSIVE INITIAL TRAINING.— 
‘‘(1) IN GENERAL.—Each fellow shall attend an 
immersive training course designed by the Com-
mittee at the beginning of the fellowship, which 
shall— 
‘‘(A) provide distinct education materials, 
including resources and information, for all fel-
lows on high-growth startups and distinct edu-
cation materials for all fellows on traditional 
small business concerns; 
‘‘(B) incorporate skills building, transfer of 
business know-how when beginning a small 
business concern, and a discussion of resources 
of the Administration; and 
‘‘(C) include information on local resources 
available from SCORE, small business develop-
ment centers, veteran business outreach cen-
ters, and women’s business centers. 
‘‘(2) SELECTION
OF
HOSTS.—Each year, the 
Committee shall select not more than 1 small busi-
ness resource partner to host the immersive training 
course described in paragraph (1). 
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‘‘(g) NETWORK BUILDING.— 
‘‘(1) IN
GENERAL.—To foster connections 
across the United States with other innovators, each 
fellow— 
‘‘(A) shall attend not less than 1 small 
business concern-related conference per year of 
the fellowship; and 
‘‘(B) is encouraged to attend regional 
small business concern-related conferences. 
‘‘(2) COMMITTEE.—The Committee— 
‘‘(A) is encouraged to— 
‘‘(i) introduce and foster relationships 
between Federal, State, and local entrepre-
neurial support organizations and the fel-
lows; and 
‘‘(ii) work to build a peer to peer net-
work among the fellows by providing re-
sources for events for fellows in order to 
build community among fellows; and 
‘‘(B) may use funds received by the organi-
zation described in subsection (k)(5)(D) for 
purposes described in subparagraph (A)(ii). 
‘‘(h) ACCESS TO CAPITAL STRATEGY.— 
‘‘(1) ESTABLISHMENT.— 
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‘‘(A) IN GENERAL.—The Committee shall 
establish a strategy for access to capital, insur-
ance, and other core small business concern 
services and products, for use both during and 
after the Program, for fellows that provides for 
the needs of both traditional small business 
concerns and high-growth startups. 
‘‘(B) REQUIREMENTS.—Under the strat-
egy established under subparagraph (A), the 
Committee shall— 
‘‘(i) provide to each fellow information 
regarding the program under section 8(a) 
and assistance in submitting the informa-
tion required for the small business con-
cern of the fellow to be certified to partici-
pate in the program; and 
‘‘(ii) at the end of each fellowship, 
provide follow-up assistance to facilitate 
the certification of the small business con-
cern of the fellow to participate in the pro-
gram under section 8(a). 
‘‘(2) MATCHING.—Under the strategy estab-
lished under paragraph (1), the Committee shall 
match fellows with a full range of lenders, investors, 
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and insurers, including both local and national re-
sources. 
‘‘(3) PREFERENCE.—The Administrator may 
give preference to fellows with respect to loans under 
section 7(a), microloans under section 7(m), and as-
sistance provided under title V of the Small Busi-
ness Investment Act of 1958 (15 U.S.C. 695 et seq.) 
to facilitate quick and affordable access to credit 
during the period of the fellowship and during the 
5-year period after the end of the fellowship, includ-
ing by— 
‘‘(A) waiving the credit elsewhere require-
ment; and 
‘‘(B) expediting the application timeline for 
that assistance. 
‘‘(4) WAIVER
OF
PERSONAL
GUARANTEE.— 
With respect to high growth startup small business 
concerns established by fellows, the Administrator 
shall waive the personal guarantee requirement for 
those small business concerns that apply for loans 
under section 7(a), microloans under section 7(m), 
or assistance provided under title V of the Small 
Business Investment Act of 1958 (15 U.S.C. 695 et 
seq.). 
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‘‘(5) ASSISTANCE WITH ACCESS TO THE 8(a) 
PROGRAM.—For purposes of participation in the 
program under section 8(a)— 
‘‘(A) a small business concern of a fellow 
shall be eligible to seek certification to partici-
pate in the program under section 8(a) if the 
small business concern has been in business in 
the primary industry classification of the small 
business concern for at least 18 months; and 
‘‘(B) the Administrator— 
‘‘(i) shall evaluate whether to estab-
lish an expedited process for certification 
of a small business concern of a fellow to 
participate in the program under section 
8(a); and 
‘‘(ii) may implement a process de-
scribed in clause (i) for fellows during the 
period of the fellowship and during the 5- 
year period after the end of the fellowship. 
‘‘(i) PROGRAM FUND FOR CAPITAL.— 
‘‘(1) IN GENERAL.—There is established in the 
Treasury a fund, which shall be available to the Ad-
ministrator to provide loans to qualified investors. 
‘‘(2) AMOUNT OF LOANS.— 
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