An Act amending the act of July 2, 1984 (P.L.555, No.111), known as the Small Business Incubators Act, further providing for definitions, for creation of program, for incubator grants, loans and loan guarantees and for responsibilities of local sponsors; repealing provisions relating to challenge grants for seed capital funds; further providing for general powers and duties of the board and for indicators of program impact; providing for funding sources; repealing provisions relating to time limit on approvals; and making a repeal.