Bill > S2693

This bill, the Women's Small Business Ownership Act of 2014, aims to reauthorize and improve programs that support women entrepreneurs. Key provisions include enhancing the Women's Business Center program by increasing transparency in its financial assistance process, providing training for program representatives, and allowing for more flexible funding. The bill also defines various terms related to small businesses, such as "association of womens business centers" and "eligible entity," and clarifies the roles and responsibilities within these programs. Furthermore, it introduces measures to improve access to capital for small businesses, including changes to the microloan program and the establishment of a study on economic issues facing women's business centers. Finally, the bill addresses sole-source contracting opportunities for women-owned small businesses in underrepresented industries, allowing for direct contracts under certain conditions and value limits.