SBDC Colonias Outreach Act of 2007

SBDC Colonias Outreach Act of 2007 - Amends the Small Business Act to authorize an applicant funded by the Small Business Administration (SBA) as a small business development center (SBDC) and that is in a state along the United States-Mexico border that has individuals residing in colonias (areas comprised of low- or very low-income families and usually lacking basic services such as clean water, roads, sewage, schools, and law enforcement) to apply for grants to provide services to assist with outreach, development, and enhancement of small business startups and expansions within colonias.