Annual report on entrepreneurial development activities

Section 21 of the Small Business Act (15 U.S.C. 648) is amended by adding at the end the following new subsection: (p) Small business development centers annual report Beginning on the first December 1 after the date of the enactment of this subsection, the Administrator shall annually submit to the Committee on Small Business of the House of Representatives and the Committee on Small Business and Entrepreneurship of the Senate a report on the entrepreneurial development activities undertaken during the fiscal year preceding the date of the report through the Small Business Development Center Program (in this subsection referred to as the Program), including— (1) the total number of hours of counseling and training services provided through the Program; (2) to the extent practicable, the demographics of participants in the Program, which shall include the gender, race, and age of each such participant; (3) the number of participants in the Program who are veterans; (4) the number of new businesses started by participants in the Program; (5) to the extent practicable, the number of jobs created or retained with assistance from the Program; (6) to the extent practicable, the amount of capital secured by participants in the Program, including through loans and equity investment; (7) the number of participants in the Program receiving financial assistance, including the type and dollar amount, under a loan program of the Administration; (8) an estimate of gross receipts, including (to the extent practicable) a description of any change in revenue, of small business concerns assisted through the Program; (9) the number of referrals of individuals counseled or trained through the Program to other resources and programs of the Administration; (10) the results of satisfaction surveys of participants in the Program, including a summary of any comments received from such participants; and (11) any recommendations by the Administrator or the National Small Business Development Center Advisory Board (established under subsection (i)) to improve the delivery of services by the Program..