To amend section 29 of the Small Business Act, and for other purposes.

Amends the Small Business Act to authorize the Small Business Administration (SBA) to provide financial assistance to private organizations to conduct three-year women's business development programs (currently called demonstration projects) for the benefit of small businesses owned and controlled by women. Deletes provisions concerning possible non-Federal source cash contributions to such organizations for such programs received on or before FY 1993.

Repeals a provision prohibiting the SBA from providing such assistance to any new project after October 1, 1997.