(a)
In general— The President is authorized to establish programs to support cooperation, training, and mentoring of entrepreneurs in the covered United States-Mexico border region. Such programs shall be implemented in coordination with the 100,000 Strong in the Americas Initiative.
(b)
Elements— The programs described in subsection (a) shall seek to carry out innovative projects through United States and Mexican academic institutions and businesses to assist prospective and developing entrepreneurs to strengthen their business skills and promote cooperation and joint business initiatives in the covered United States-Mexico border region.
(c)
Matching funds— The programs described in subsection (a) should seek to ensure United States Government funds are matched by private sector funds for purposes of carrying out such programs through the 100,000 Strong in the Americas Initiative’s Innovation Fund.
(d)
Sense of Congress— It is the sense of Congress that the programs described in subsection (a) should reflect the goals of the 100,000 Strong in the Americas Initiative and should seek to provide not less than 100 grants of not more than $25,000 each for participants in the programs.
(e)
Funding— Amounts made available for “Educational and Cultural Exchange Programs” shall be made available to carry out the programs described in subsection (a).