SBA Entrepreneurial Development Programs Act of 2007

Sponsor: Joe Sestak (D-PA)

SBA Entrepreneurial Development Programs Act of 2007 - Title I: Revisions to Small Business Development Centers - (Sec. 101) Amends the Small Business Act to make operational changes to the Small Business Administration (SBA)'s small business development centers (SBDCs) program, including: (1) requiring new SBDC award grantees that are universities to be accredited; (2) requiring award grantees to be equal partners in grant program and contract negotiations; (3) prohibiting SBA interference in hiring practices of SBDC grant recipients; (4) prohibiting the SBA from using program resources for administrative expenses of examining SBDC operations; (5) exempting from the cap on non-matching portability grants grants made under a federally-designated disaster; (6) prohibiting the SBA Administrator from distributing funds to an SBDC if the state in which the SBDC is located is served by more than one SBDC, unless no SBDC applicant has applied to serve the entire state; and (7) requiring SBDCs to report broadband service purchases to the SBA Administrator. Title II: Grant Initiatives - (Sec. 201) Allows a lead SBDC to apply for an additional grant to carry out: (1) a capital access initiative program; (2) a disaster recovery program; (3) an innovation and competitiveness services to manufacturers initiative program; (4) a mature entrepreneurs assistance program; or (5) a small business sustainability initiative program. Outlines elements, and provides minimum and maximum grant amounts, under each program.

Commerce Topic assigned by the Congressional Research Service.