House Republican Introduces Bill Aimed at Boosting US Startup Companies

A Georgia congressman introduced a bill Tuesday aimed at boosting small businesses and offering incentives to startup companies across the country through expanded access to training programs and entrepreneurial resources.

The Startup Act, conceived by Rep. Rick Allen, R-Ga., would serve as an amendment to the Workforce Innovation and Opportunity Act of 2014, which is designed to help job-seekers “access employment, education, training, and support services to succeed in the labor market” and pair employers “with the skilled workers they need to compete in the global economy.”

The new bill would also authorize the Department of Labor to conduct a three-year, multi-state study to analyze entrepreneurial skill development programs and their effect on the U.S. economy.