A bill to assist entrepreneurs and support development of the creative economy, and for other purposes.
Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy Act of 2022 or the CREATE Act of 2022
This bill expands financial assistance for, and establishes measures to support, the creative economy and art entrepreneurs.
Specifically, the bill requires (1) the Small Business Administration to develop loan criteria, evaluation procedures, and technical assistance programs for small business concerns that are owned by artists and support the creative economy; and (2) the Department of Commerce to ensure that traditional economic development tools, such as business incubators and grant programs, support the arts industry and creative economy.
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
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