GREATER Act

The GREATER Act requires the Small Business Administration, Appalachian Regional Commission, and Delta Regional Authority to create agreements within 120 days of enactment to better coordinate support for rural entrepreneurs and small businesses in the Appalachian and Delta regions. It directs these agencies to include eligible small businesses (defined as those meeting SBA size standards in these designated areas) in their coordinated activities, leveraging existing programs rather than creating new funding. The bill mandates a joint report to Congress within two years detailing coordination efforts, the number of businesses assisted, and future collaboration plans. This legislation focuses on improving interagency coordination to enhance economic resilience for rural businesses in two specific U.S. regions.