Page:United States Statutes at Large Volume 105 Part 2.djvu/637

 PUBLIC LAW 102-191—DEC. 5, 1991 105 STAT. 1589 Public Law 102-191 102d Congress An Act Dec. 5, 1991 [H.R. 2629] Women's Business Development Act of 1991. 15 USC 631 note. To amend the Small Business Act to assist the development of small business concerns owned and controlled by women, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the "Women's Business Development Act of 1991". SEC. 2. WOMEN'S DEMONSTRATION PROJECTS. The Small Business Act is amended by adding at the end the following new section: "SEC. 28. (a) The Administration may provide financial assistance 15 USC 656. to private organizations to conduct 3-year demonstration projects for the benefit of small business concerns owned and controlled by women. The projects shall provide— "(1) financial assistance, including training and counseling in how to apply for and secure business credit and investment capital, preparing and presenting financial statements, and managing cash flow and other financial operations of a business concern; "(2) management assistance, including training and counseling in how to plan, organize, staff, direct, and control each major activity and function of a small business concern; and "(3) marketing assistance, including training and counseling in identifying and segmenting domestic and international market opportunities, preparing and executing marketing plans, developing pricing strategies, locating contract opportunities, negotiating contracts, and utilizing varying public relations and advertising techniques. "(b)(1) As a condition of receiving financial assistance authorized by this section, the recipient organization shall agree to obtain, after its application has been approved and notice of award has been issued, cash contributions from non-Federal sources as follows: "(A) If the project first receives its Federal financial assistance prior to fiscal year 1993, an annual amount that is not less than the amount of the Federal financial assistance provided each year. "(B) If the project first receives Federal financial assistance in fiscal year 1993, or thereafter, annual amounts equal to— "(i) in the first year, 1 non-Federal dollar for each 2 Federal dollars; "(ii) in the second year, 1 non-Federal dollar for each Federal dollar; and "(iii) in the third and final year, 2 non-Federal dollars for each Federal dollar.

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