Section 1 Short title
This Act may be cited as the “Supporting Diverse Entrepreneurs Act”.
Supporting Diverse Entrepreneurs Act
A BILL
To amend the Infrastructure Investment and Jobs Act to expand MBDA Business Centers near minority-serving institutions, and for other purposes.
Sec. 2 Expansion of MBDA Business Centers near minority-serving institutions
The Infrastructure Investment and Jobs Act (Public Law 117–58) is amended—
in section 100114(d)(1)(B)—
by redesignating clauses (ii) and (iii) as clauses (iii) and (iv), respectively; and
by inserting after clause (i) the following:
“(ii) an area that is in or near a historically Black college or university or other minority-serving institution (as such term is defined in section 100301);”
in section 100708, by striking “2025” and inserting “2024, and $125,000,000 for fiscal year 2025 and each fiscal year thereafter,”.