Section 1. Short title
This Act may be cited as the Supporting Diverse Entrepreneurs Act.
Section 2. Expansion of MBDA Business Centers near minority-serving institutions
The Infrastructure Investment and Jobs Act (Public Law 117–58) is amended—
(1) in section 100114(d)(1)(B)—
(A) by redesignating clauses (ii) and (iii) as clauses (iii) and (iv), respectively; and
(B) by inserting after clause (i) the following:; and
(ii) an area that is in or near a historically Black college or university or other minority-serving institution (as such term is defined in section 100301);
(2) in section 100708, by striking 2025 and inserting 2024, and $125,000,000 for fiscal year 2025 and each fiscal year thereafter,.